Fixed Rate Car Loan

Buying a car can be very exciting. There is so much to think about – your budget, your financial situation, financing options, insurance, new vs used, along with type of car and model.

So whether it’s your first time buying a car or time to upgrade your existing car, drive away your dream car without breaking the budget with our Fixed Rate Car Loan. Borrow up to $150,000 for a new or used car and lock in a fixed interest rate for up to 7 years.

Flexible repayment options including weekly, fortnightly, or monthly repayments
No monthly loan fees
Flexibility to make extra repayments

Vehicles up to 5 years old

7.99 % p.a. Interest rate 8.27 % p.a. Comparison rate

Car Loan Rates	Interest rate	Comparison rate
Vehicles up to 5 years old	7.99% p.a.	8.27% p.a.
Vehicles over 5 years old	9.99% p.a.	10.28% p.a.

Product Features:

Car Loan Features
Minimum loan amount :	$1000
Maximum loan term :	7 years
Interest charges :	Calculated daily, charged monthly
Repayment type :	Principal & Interest
Repayment frequency :	Weekly, fortnightly or monthly
Establishment fee :	$200
Monthly loan fee :	$0
Early termination fee :	$0
Extra repayments :	Unlimited
In principle approval :	Yes
Increase/top up :	Yes
Redraw :	Yes

Car loan calculators

Use our car loan calculators to understand your borrowing power and what your monthly repayment commitments may be.

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Footnotes:

¹ Eligibility criteria, terms & conditions and fees & charges apply. For vehicles where the security is up to 5 years old. Vehicles cannot be more than 10 years old at the end of the term.
² Comparison rate based on secured $30,000 loan over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
³ Eligibility criteria, terms & conditions and fees & charges apply. For vehicles where the security is over 5 years old. Vehicles cannot be more than 10 years old at the end of the term.
⁴ Minimum redraw amount of $100 applies.