Car Loan
Available for cars, motorbikes, caravans and boats that are less than 5 years old.
Low interest
rate
Fast approval
process
Apply online
in under 15 minutes
Overview
Key features of the Car Loan are:
- Loans from $4,000 to $200,000
- Loan terms from 1-7 years
- Maximum car age of less than 5 years
- Motorbikes included; maximum motorbike age of less than 5 years
- Boats included; maximum boat age of less than 5 years
- Caravans included; maximum caravan age of less than 5 years
- The ability to make extra repayments or pay off your loan early without penalty
- Flexible repayment frequency - pay weekly, fortnightly or monthly
- The option to make repayments straight from your salary
- $10 monthly fee
Applications for the Car Loan can be made online, over the phone on
1300 13 23 28 or by visiting your nearest branch.
1300 13 23 28 or by visiting your nearest branch.
Rates & Fees
Here’s a summary of the rates and fees for the Car Loan:
- Interest Rate: 6.25% p.a.
- Comparison rate*: 7.17% p.a.
*Comparison rate based on a $30,000 loan over 5 years unsecured. WARNING: The comparison rate is applicable only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- Application fee: from $150
- Monthly fee: $10
Additional fees, including a personal property security administration fee, may be payable. For more information please see our Fees and Charges Schedule.
Download our Fees and Charges Schedule
Questions
We get asked similar questions about our Car Loan so here are some common ones. If you have a different question, call us on 1300 13 23 28.
Can I make extra repayments on my loan?
Yes. You can make additional repayments on the Car Loan, which could help you pay it off sooner.
Yes. You can make additional repayments on the Car Loan, which could help you pay it off sooner.
Can I redraw excess funds from my loan?
No. The Car Loan does not allow you to redraw extra funds.
How old does my vehicle or boat have to be?
The car, motorbike or boat you purchase must be less than 5 years old.
Can I borrow for a motorbike or boat?
Yes, our Car Loan is also available for motorbikes and boats. If you’re unsure give us a call on 1300 13 23 28.
Can I choose my own loan term?
Yes, you can select any loan term up to 7 years. If you select a longer loan term but would like to pay your loan off sooner, you can also make additional payments without penalty.
No. The Car Loan does not allow you to redraw extra funds.
How old does my vehicle or boat have to be?
The car, motorbike or boat you purchase must be less than 5 years old.
Can I borrow for a motorbike or boat?
Yes, our Car Loan is also available for motorbikes and boats. If you’re unsure give us a call on 1300 13 23 28.
Can I choose my own loan term?
Yes, you can select any loan term up to 7 years. If you select a longer loan term but would like to pay your loan off sooner, you can also make additional payments without penalty.
