Green Car Loan
A lower rate to reward your eco-friendly choice.
What cars are eligible?
Our Green Car Loan with a competitive interest rate is available to cars with C02 value of 180 g/km or less3. This usually includes new cars, hybrid cars or cars that have lower emissions, with a build date of the current year or previous calendar year.
Some examples of popular 'green' cars include3 |
|
|---|---|
Toyota Corolla | Mazda 3 |
Hyundai i30 | Mazda CX-5 |
Most Toyota RAV4s | Most Nissan X-trails |
Most Volkswagen Golfs | Mitsubishi ASX |
Kia Cerato | Mazda CX-3 |
Mitsubishi Outlander | Most Honda CR-Vs |
Why you should choose a Green Car Loan
Environment
Help work towards a better future for our environment.Flexibility
Make additional payments at any time⁶.Competitive interest rate
Get rewarded with a competitive interest rate.Loan period options
Loan period options up to 7 years.Redraw
Free Redraw ($500 minimum).Flexible payments
No monthly fees
Rates and Fees
Things you need to know
We require a Goods Security Agreement on the motor vehicle for all of our car loans. This means we use your vehicle as security against the loan. Your motor vehicle must also be registered in the name of the primary borrower.
For more details on transaction fees refer to Terms and Conditions Part B - Fees and Charges.
Car Loan Interest Rates effective 11 April 2024.
Interest is calculated daily. Interest rates are per annum, current at the time of publication and are subject to change without notice.
1. Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions available upon request.
2. The 3% discount is off the standard car loan rate. We reserve the right to amend or withdraw these offers at any time.
3. As rated by the Australian Government Green Vehicle Guide. Check website for current eligibility.
4. Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions available upon request.
5. Only payable if loan is funded.
6. No early repayment penalty is applicable on a variable rate. A break cost fee applies during periods of fixed interest.
7. Comparison rate calculated on an unsecured loan amount of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and conditions available upon request.