Special Variable Rate Car Loan

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Looking to purchase a second car, or planning to upgrade your current one? We will help you get behind the wheel sooner.

5.95% pa¹
Variable Interest Rate

6.09% pa²
Comparison Rate

For cars up to 3 years old
Borrow up to 100% of the purchase price
Lump sum or variable repayments
Redraw facility
Loan repayment insurance available

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Key features

Special Variable Rate Car Loan (for cars up to 3 years old)
Interest Rates
Variable interest rate	5.95% pa¹
Comparison rate	6.09% pa²
Fees
Establishment fee	$0
Approval fee	$100
Annual fee	$0
Monthly fee	$0
Redraw fee	$20
Features
Minimum amount	$10000
Maximum amount	$50000 ³
Maximum term (years)	7
Redraw facility	Yes minimum $100 ⁴
Loan repayment insurance	Yes
Additional repayments accepted	Yes

¹ Based on a secured variable rate loan. New loans only - no payout of existing SCU loans. Offer available for a limited time only.

² Comparison rate based on a $30,000 loan over 5 years secured. 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.

³ Up to 100% of the purchase price of the vehicle or $50,000.

⁴ You must be at least one months repayment in advance plus $100 to obtain a redraw.