For new cars up to 3 years old
Borrow up to $75,000
No deposit required
We make it easy to hit the road this summer in your new car (or near new – up to 3 years old is still new!).
Did you know that a variance of just 5% in the interest rate on a loan for $20,000 over 5 years can add over $20 per fortnight to your repayments! That’s over $520 per year in extra (unwanted) payments! Ouch!
We also keep the ongoing costs nice and low at only $5 per month.
If your plan is to pay out the loan as quickly as possible – don’t worry, you won’t get an early repayment fee from us.
If you are looking to upgrade to an older model, we are still here to help. Check out our other personal loan options including our secured personal loan here.
Features
- Available for the purchase or refinance of vehicles up to 3 years old
- Borrow the full purchase price of the car including on road costs and insurance
- Increase your bargaining power with pre-approval
- Able to make extra repayments with no early repayment fees
- Choice of weekly, fortnightly or monthly repayments
- Terms up to 7 years
- Borrow from $1,000 to $75,000
Rates & Fees
| Product | Principal and Interest |
|---|---|
| New Car Loan (For cars up to 3 years old) | 4.99 Interest rate 5.59*Comparison rate |
| Fees | |
|---|---|
| Establishment fee | $120 |
| Document fee | Document fees apply |
| Loan maintenance fee | $5 /month |