ADCU Car Loans

Take advantage of a competitive and flexible car loan from Australian Defence Credit Union.

ADCU Rebranded

ADCU has been rebranded and is now called Australian Military Bank, they offer all the same loan products and services. This page is kept for informational purposes only.

Credit unions are financial institutions run solely to benefit members, with any profits passed on to members in the form of savings and competitive products. The Australian Defence Credit Union (ADCU) started in 1959 and today is one of the longest continuously operating credit unions in the country. ADCU offers two car loan products—both with competitive rates and minimal fees—that are viable options to consider if you are looking for financing options for your next car.

Types of car loans from ADCU

There are two types of car loans offered by ADCU:

  • New Car Loan. The New Car Loan can be used to finance new car purchases between $1,000 and $80,000. The car has to be less than one year old and you can borrow the money for a period of between 1 year(s) and 7 year(s).
  • Used Car Loan.This loan is designed to finance a car that is between one and five years old. You can borrow between $1,000 and $70,000 for a period of up to 7 year(s).

Comparison of ADCU Car Loan

Rates last updated December 19th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
Australian Military Bank Car Loan
From 5.71% (fixed)
6.57%
$1,000
1 to 7 years
$10
$100 to $500
If you are looking for a car that is less than one year old then this loan could suit you.
Australian Military Bank Used Car Loan
Australian Military Bank Used Car Loan
From 6.59% (variable)
7.55%
$1,000
7 years
$10
$150
Fast approval for used cars 1 - 5 years old and no monthly or annual fees.
Australian Military Bank Variable Rate Personal Loan
Australian Military Bank Variable Rate Personal Loan
From 7.88% (variable)
8.72%
$1,000
1 to 7 years
$10
$100 to $500
Offers a competitive variable rate and real flexibility with no monthly/annual fees.
Australian Military Bank Fixed Rate Personal Loan
Australian Military Bank Fixed Rate Personal Loan
From 7.93% (fixed)
8.77%
$1,000
1 to 5 years
$10
$100 to $500
If you want the security of knowing what your repayments will be for the term of the loan, then a Fixed Rate Personal Loan could be the right option for you.
Australian Military Bank Debt Consolidation Loan
Australian Military Bank Debt Consolidation Loan
From 14.4% (variable)
14.63%
$1,000
5 years
$0
$150
Get back in control with ADCU's Debt Consolidation Loan and manage all of your existing loan and credit card debts with one easy payment.
Australian Military Bank Equity Car Loan
Australian Military Bank Equity Car Loan
From 6.5% (variable)
7.46%
$1,000
7 years
$10
$150
Fast approval, low interest rate and no monthly or annual fees

Compare up to 4 providers

Rates last updated December 19th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
Beyond Bank Low Rate Car Loan
From 5.69% (fixed)
5.97%
$25,000
1 to 7 years
$0
$175
A great rate for cars under 2 years old.
bcu Car Loan
From 5.9% (variable)
6.82%
$5,000
1 to 5 years
$8
$250
Borrow up to $65,000 for a car up to 5 years old. The New Car Loan from bcu allows you to make extra repayments and access a redraw feature
IMB New Car Loan
From 5.99% (fixed)
6.34%
$2,000
1 to 7 years
$0
$250
Borrow up to $75,000 for a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.
Stratton Finance New Car Loan
From 5.49% (fixed)
6.62%
$18,000
1 to 7 years
$7
$499
Benefit from a car broker with over 25 years experience
RACV New Car Loans
From 6.49% (fixed)
7.03%
$15,000
1 to 7 years
$0
$380
Enjoy this fixed rate new car loan offer from RACV. No ongoing fees.
Bank Australia Car Loan
6.45% (fixed)
6.66%
$1,000
1 to 7 years
$0
$150
A competitive rate and the ability to offset your car’s carbon emissions for the loan term.
Latitude Personal Loan (Secured)
From 12.99% (fixed)
14.2%
$3,000
2 to 7 years
$13
$250 (Loans under $4000 - $140)
Can be used for whatever purpose: renovating, buying a car, booking a holiday. Funds can be in your account in as little as 24 hours.
NRMA New Car Loan
From 5.99% (fixed)
6.53%
$15,000
1 to 7 years
$0
$380
Purchase a new car with an NRMA Car Loan with a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
RACQ New Car Loan
6.17% (fixed)
6.72%
$3,000
7 years
$0
$395
A low fixed rate loan from RACQ suitable for buying a new car. Note: Loan only available to QLD residents.
MoneyForJam Car Loan
From 4.95% (fixed)
5.8%
$5,000
1 to 7 years
$6
$400
Apply for a car loan from $5,000 and get access to a panel of lenders.
AutoCarLoans
From 5.16% (fixed)
6.64%
$15,000
1 to 7 years
$5
$381.80
AutoCarLoans can match you with a lender from its panel with rates starting from 5.16% p.a. Suitable for vehicles up to 2 years old.
IMB Secured Personal Loan
From 7.39% (fixed)
7.74%
$2,000
1 to 5 years
$0
$250
All approved applicants can access this competitive rate and use the loan to finance a range of purposes. Loan amounts up to $60,000 available.
RACV Personal Loan
From 7.49% (fixed)
8.04%
$5,000
1 to 7 years
$0
$380
You could use this personal loan offer from RACV to help finance a renovation, holiday or project.
bcu Secured Freedom Loan
From 9.08% (variable)
9.99%
$4,000
1 to 5 years
$8
$250
A competitive, secured personal loan that you can use for a variety of purposes.
RACQ Used Car Loans
8.95% (fixed)
9.52%
$3,000
5 years
$0
$395
Benefit from a competitive fixed rate and a 21-day satisfaction guarantee when purchasing a used car. Note: Loan only available to QLD residents.
St.George Secured Personal Loan - Fixed Rate
8.49% (fixed)
9.6%
$3,000
1 to 5 years
$12
$195
Get behind the wheel of your perfect car with a competitive interest rate from St.George. Get an application response within 60 seconds.
Bank of Melbourne Secured Car Loan
From 8.49% (fixed)
9.6%
$3,000
1 to 5 years
$12
$195
A low rate personal loan from Bank of Melbourne with variable or fixed option.
Freedom Finance Car Loan
From 5.1% (fixed)
5.94%
$35,000
1 to 5 years
$0
$380
If you meet all the requirements you could get access to a range of lenders to finance a new or used car up to 4 years.
NRMA Used Car Loan
From 6.99% (fixed)
7.54%
$15,000
1 to 7 years
$0
$380
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
Latitude Car Loan
From 6.99% (fixed)
8.1%
$5,000
1 to 7 years
$10
$295
A secured loan with a competitive rate that can help you finance new or used vehicles.

Compare up to 4 providers

Features and benefits of ADCU car loans

  • No deposit required.If you are taking out the New Car Loan you are able to borrow up to 100% of the purchase price.
  • Low fees. Both car loans from ADCU offer no monthly or annual fees, helping you to save money over the life of your loan.
  • Competitive rate. You can take advantage of a competitive rate with both loan offerings.
  • Secure borrowing. You have the option of taking out Loan Repayment Insurance.
  • Flexible repayments. Both the New and Used Car Loan allow you to make early repayments without penalty and let you choose to make monthly, fortnightly or weekly repayments. Your repayments can also be automatically deducted from your nominated account.
  • Redraw facility. There is a redraw facility available, allowing you to take back any additional repayments you make should you need them.
  • Joint applications. You are able to apply for this car loan using a joint application.

What other products does ADCU offer?

There are various other financial products that are available from ADCU to benefit members. These include:

  • Loan products. These include car loans, personal loans and home and investment loans.
  • Credit cards. ADCU offers a Low Rate Visa Credit Card, a Visa Debit Card and a rediCARD.
  • Savings and transaction accounts. You can choose from transaction accounts, savings accounts including the Recruit Saver Account and the DIY Super Saver, and a term deposit account option.
  • Insurance products. ADCU insurance products include motor vehicle insurance, boat and caravan insurance, loan and mortgage protection, insurance products for your home and barracks, landlords’ insurance and travel insurance.

How to apply for an ADCU car loan

To apply for a car loan from Australian Defence Credit Union, follow the secure link on this page to fill out an online application form. As ADCU is a customer-owned banking association you will need to be a member before you apply and need to provide the following information when applying:

  • Personal details including your name, contact information and proof of ID.
  • Employment details including your employer’s name and contact information.
  • Details of your income and your pay frequency, plus a recent payslip or two years of financial statements if you are self-employed.
  • Information regarding your financial position including your mortgages, vehicles, credit cards, savings and investments, super and any other assets.

If you are looking for to finance a new or used car, you might want to consider the options available from Australian Defence Force Credit Union. Compare your options to see if ADCU has the loan you need.

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Related Posts

IMB New Car Loan

Borrow up to $75,000 for a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.

Beyond Bank Low Rate Car Loan "Special Offer"

A great rate for cars under 2 years old.

RACV New Car Loans

Enjoy this fixed rate new car loan offer from RACV. No ongoing fees.

Latitude Personal Loan (Secured)

Can be used for whatever purpose: renovating, buying a car, booking a holiday. Funds can be in your account in as little as 24 hours.

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