Nissan Financial Services NFSA NFV A Offer Consumer Loan
SecuredFixed rate
A secured fixed rate consumer vehicle loan with a guaranteed future value vehicle option, available exclusively for Nissan Patrol vehicles.
- Interest rate a year, from
- 8.19%
- Comparison rate, from
- Not published
- Establishment fee
- $499
- Monthly fee
- Not published
- Borrow
- From $5,000
Monthly repayment
$20,000 over 3 years
What it would cost
At the lowest published rate of 8.19%. The rate you are offered depends on your circumstances, and the establishment fee is not included.
- Monthly repayment
- $628
- Total repayments
- $22,625
- Interest
- $2,625
Loan details
Rates
- Interest rate (a year)
- 8.19%
- Comparison rate (a year)
- Not published
- Rate type
- Fixed
- Security
- Secured
Limits and fees
- Loan amount
- From $5,000
- Loan term
- 1 year to 7 years
- Establishment fee
- $499
- Monthly fee
- Not published
How it compares
Against the other secured car loans we compare. Typical means the middle half of them.
Cost of $20,000 over 5 years
$4,940
Interest and fees at its starting rate. Typical is $4,663.
Setup fee
$499
A typical setup fee is $258.
Longest term
7 years
7 years is the usual longest term.
Pros and cons
Pros
- One rate for everyone. Everyone approved gets 8.19%, so the rate you see is the rate you get.
- A fixed rate. Your repayments stay the same for the whole loan, which makes it easier to budget.
Cons
- Secured against an asset. That usually keeps the rate down, but the lender can take the asset if you can't repay.
- An early repayment fee. Paying the loan off early or refinancing can cost a fee, which cuts into what you save by repaying sooner.
- A $25 late payment fee. Setting up automatic repayments avoids it.