Comparing Car Loans: Top Picks for September 2026

Westpac's car loan shines with its 6.49% APR for green vehicles, making it a compelling choice for eco-conscious buyers. No early repayment fees add flexibility, but remember it’s a secured loan, so your car is collateral.

CommBank matches Westpac's rate for electric vehicles but adds a fixed rate for payment certainty. However, watch out for the monthly account fee, which could add up over time.

NAB's offering allows borrowing up to $100,000 with no exit fees, making it a solid pick for those planning larger purchases. However, be prepared for mandatory direct debit payments.

Toyota Finance integrates the buying and financing process right at the dealership. It's convenient but comes with potentially higher rates and a balloon payment option that could increase total costs.

Plenti offers one of the fastest digital approvals and high borrowing limits, ideal for those who prioritize speed and large loan amounts. Just be cautious of the higher comparison rate.