The Low Interest Rate Myth

May 08, 2014
Trevor Kreis

0% or 2% car loan interest rate might sound exciting but things are not always as they seem. 

Hidden Fees

When you see an advertisement on TV offering a very low interest rate on your car purchase, there is often no mention of the car dealer's commissions, application fee and other costs.

Therefore, these very low interest rates are not always what they seem.

It's not all about the interest rate

It's the monthly payment that's important. When you have a very low interest rate with added fees or a higher interest rate with no fee then the monthly repayment maybe the same. So it pays to shop around and get advice from an experienced broker.

We don't just do home loans

Mortgage Choice in Camp Hill can compare multiple car loans that will suit your needs.

Call Trevor Kreis on (07) 3391 5113 or Email: for a quote today


Posted in: Car loans & leasing

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