Bendigo Bank Car Loans

Compare car loan options from a lender with 150 years of experience.

Bendigo Bank car loans offer competitive interest rates, both secured and unsecured options as well as a car loan that rewards you for buying environmentally friendly products related to your car or home.

How do Bendigo Bank's car loans compare?

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Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment Product Description
Bendigo Bank Secured Car Loan
From 7.79% (fixed)
8.64%
$2,000
1 to 7 years
$150
Perfect for buying a new or used vehicle, or to refinance an existing car loan.

Compare up to 4 providers

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Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment Product Description
IMB New Car Loan
From 5.99% (fixed)
6.34%
$2,000
1 to 7 years
$250
This fixed rate new car loans up to 2 years old features no early repayment penalties
RACV Car Loans
From 7.49% (fixed)
8.03%
$15,000
1 to 7 years
$378
Enjoy this fixed rate new car loan offer from RACV. No ongoing fees.
CUA Fixed Rate Car Loan
From 6.79% (fixed)
6.92%
$15,000
1 to 7 years
$0
A competitive car loan that offers flexible repayment options and no account keeping fees.
Loans.com.au - New Car Loan
From 5.44% (fixed)
5.99%
$5,000
3 to 5 years
$400
This car loan is for new cars and offers a low fixed rate and no ongoing fees.
Bank Australia Car Loan
From 6.45% (fixed)
6.66%
7 years
$150
A competitive rate and the ability to offset your car’s carbon emissions for the loan term.
MyState Secured Personal Loan
From 7.99% (variable)
8.96%
$10,000
1 to 10 years
$200
Apply for a loan up to $75,000 and use the funds for any purpose.
NRMA New Car Loan
From 7.49% (fixed)
8.03%
$15,000
1 to 7 years
$378
Purchase a new car with an NRMA Car Loan with a fixed rate term and no monthly fees. NRMA Members could save 1% on loan rates.
Latitude Personal Loan (Secured)
From 12.99% (fixed)
14.2%
$3,000
2 to 7 years
$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.
St.George Secured Personal Loan - Fixed Rate
From 8.49% (fixed)
9.39%
$3,000
1 to 5 years
$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)
9.39%
$3,000
1 to 5 years
$195
A low rate personal loan from Bank of Melbourne with variable or fixed option.
St.George Secured Personal Loan - Variable Rate
From 12.74% (variable)
13.62%
$3,000
1 to 7 years
$195
A lower interest rate personal loan with flexible repayment options.
BankSA Fixed Rate Car Loan
From 8.49% (fixed)
9.39%
$3,000
1 to 5 years
$195
Apply for a fixed rate car loan from multi-award winning BankSA.

Compare up to 4 providers

  • Secured Personal Loan. You can purchase a new or used vehicle with this secured loan from Bendigo Bank, or you can refinance an existing car loan. Loan amounts start from $2,000 and as the vehicle is used as security the rate is a competitive fixed rate 7.79% p.a.. Loan terms are available from between 1 and 7 years. Even though the loan is fixed you can make unlimited additional repayments and access them through a redraw facility.

Is your car eligible for the Secured Personal Loan?

If you're looking to use your car to guarantee your Bendigo Bank loan it will need to meet a few criteria. It needs to be:

  • More than $2,000
  • A new or used vehicle
  • Refinancing an existing loan

How you can apply

If you're read to apply for this loan you can get your application started online. First, make sure you meet the application criteria listed below:

  • You're over the age of 18
  • You're an Australian citizen or permanent resident
  • You're in paid employment
  • There are no more than two applicants for the loan
  • You're listed on the loan as a borrower
  • There are no payment defaults, court judgements or bankruptcies in your credit history
  • The loan isn't for business or commercial purposes

If you meet this criteria you can proceed with the application. You'll need the following details on hand to apply:

  • Personal details, such as your name and contact information
  • Your driver's licence number and expiry date
  • Your income and employment information
  • Details of your assets and commitments

Bendigo Bank can provide you with a convenient and flexible way to finance your new or used car purchase, but have you compared all your options to ensure it's the right loan for you?

CUA Fixed Rate Car Loan

A competitive car loan that offers flexible repayment options and no account keeping 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.

RACV Car Loans

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

NRMA New Car Loan

Purchase a new car with an NRMA Car Loan with a fixed rate term and no monthly fees. NRMA Members could save 1% on loan rates.

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6 Responses to Bendigo Bank Car Loans

  1. Default Gravatar
    Tajinder | June 16, 2016

    I need car loan for a 2005 model Used car.
    PLease let me know if you can give me car loan and what is the procedure .

    Thanks
    Tajinder

    • Staff
      Elizabeth | June 17, 2016

      Hi Tajinder,

      Your eligibility depends on a range of factors, but this loan is available for used cars. Make sure you meet the eligibility criteria (as outlined above) and then you can submit your application directly on the Bendigo Bank website. You’ll need your personal, employment and financial details, as well as details of the vehicle, to apply.

      I hope this helps,

      Elizabeth

  2. Default Gravatar
    Mark | July 13, 2015

    Can I apply for a car loan on a vehicle that is a 2005 model (10 years old).
    I am existing BB customer.
    Cheers

    • Staff
      Elizabeth | July 15, 2015

      Hi Mark,

      Thanks for your question.

      You’re able to finance both a new and used car with this loan. To apply you’ll need to submit an application on the Bendio Bank website.

      I hope this has helped.

      Thanks,

      Elizabeth

  3. Default Gravatar
    ket | January 10, 2014

    a quote for travel insurance

    • Staff
      Marc | January 10, 2014

      Hello Ket,
      thanks for the question.

      If you’d like a quote for Bendigo Bank travel insurance you can do so by logging onto the Bendigo Bank site directly. I’ve sent you a link to this page. Alternatively, we also provide the ability to compare and receive quotes for other travel insurance providers.

      I hope this helps,
      Marc.

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