Important disclosure
Car Loan (0-5)
Interest Rate
5.65%
p.a
Variable
Comparison Rate*
5.93%
p.a
Variable up to 6.51%
5.65%
p.a
Variable
5.93%
p.a
Variable up to 6.51%
Calculate your repayments for this loan
Your estimated repayment
$575
based on $30,000 loan amount for 5 years at 5.65%
Promoted car loans
Promoted
New - Home Owner Special
5.99%
p.a
Variable
7.11%
p.a
Variable up to 7.13%
Promoted
Used Car Loan
10.79%
p.a
Variable
12.15%
p.a
Variable
Promoted
Used Car Loan (< 5 years)
7.49%
p.a
Variable
8.60%
p.a
Variable up to 8.62%
Pros and cons
For Car Loan (0-5)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Approval is instant
Drawbacks
- Higher than average application fee
BCU Bank Rate Car loan overview
For Car Loan (0-5)
Details
Total repayments $34,507 | Interest rate type Variable |
Borrowing range $4k - $75k | Security type Secured |
Loan term 1 to 5 years | Secured by Vehicle |
Loan type Is Fully Drawn Advance | Repayment frequency Weekly, Fortnightly, Monthly |
Age of car up to 5 years | Target Market Determination Visit BCU Bank to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility redraw activation fee of $0 |
Instant approval | Time to funding N/A |
Fees
Upfront Fee $200 | Ongoing Fee $0 |
Missed Payment Penalty $25 | Early Exit Penalty Fee $0 |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Other Restrictions
Must have a bcu Access product to be eligible for this product
