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SecurityGet behind the wheel of your dream car
Whether it’s an upgrade or something you’ve been longing for awhile, our New Car Loan is designed with flexibility in mind.
With no ongoing fees, redraw available and options to pay off your loan early, you’ll be on the road in no time.
The details:
No monthly fees
Free redraw ($500 min)
Flexible repayments
Loans start at $10,000 for up to 7 years
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Rates & Fees
New Car Loan (L35) Interest Rates Interest Rates Standard New Car Loan Interest Rates Variable Interest Rate 8.79% p.a. Comparison Rate 1 9.07% p.a. Fixed Interest Rate 1-5 Years Yes, refer to Interest Rates page Fees Application Fee $0 Establishment Fee 4 $195 Monthly Fee $0 Annual Fee $0 -
More Info
Interest
Interest calculated daily and charged monthly in arrears
Repayments
Principal and interest repayments.
Loan Repayment Insurance
Talk to us about optional Loan Repayment Insurance when you apply.5
Security
We require a Goods Security Agreement on the motor vehicle for all Car Loans. Your motor vehicle must also be registered in the name of the borrower.For more details on transaction fees and tips on how to transact fee-free visit our Transaction Fees page or refer to Terms and Conditions Part B - Fees and Charges.
- Work out what your repayments might be
Related products
Canstar Award 2018.
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. Promotional interest rates available for car loan applications received by 30 June 2021 and funded by 31 July 2021. The 3% discount is off the standard car loan rate. We reserve the right to amend or withdraw these offers at any time.
3. 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.
4. Only payable if loan is funded.
5. This insurance product is issued by Insurance Australia Limited ABN 11 000 016 722, AFSL 227 681 trading as CGU Insurance. This is general information only and may not suit your particular circumstances. Before making decisions about insurance products you should consider the appropriateness of the information having regard to your circumstances and the Product Disclosure Statement available by calling 1800CGU CCI (1800 248 224).