FCCS Car Loans

Take advantage of a competitive variable rate and a car buying service with a car loan from FCCS Credit Union.

Credit unions operate differently from banks—they are run to benefit members rather than stakeholders. This means that any possible profits are passed on directly to members. Started in 1974 by a group of Ford Motor Company employees, FCCS Credit Union soon developed into a financial institution engaged in mutually beneficial, customer-owned banking.

FCCS offers a range of loans options, insurance products and banking accounts that are designed to benefit its members. If you're in the market for a car loan and are looking to take advantage of competitive rates, a free redraw facility and a free car buying service, you might want to consider a car loan from FCCS Credit Union.

How do FCCS Car loans compare?

Updated October 17th, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
From 6.95% (variable)
7.22%
$5,000
Up to 7 years
$195
$0
Purchase a new car and be eligible for $50 cash back if you're successful.

Compare up to 4 providers

Updated October 17th, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
From 4.79% (fixed)
5.34%
$10,000
1 to 7 years
$400
$0
You'll receive a fixed rate of 4.79% p.a. with a comparison rate of 5.34% p.a.
Get access to over 20 providers to fund a new or used car.

5.49% (fixed)
5.84%
$2,000
1 to 7 years
$250
$0
Borrow as little as $2,000 at a competitive fixed rate
Finance a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.
6.99% (fixed)
8.1%
$5,000
1 to 7 years
$295
$10
Finance a range of vehicles including cars, motorbikes, boats and caravans.
Apply online to finance a new or used motor vehicle and receive a response in 90 seconds. You will receive a competitive tailored rate of between 6.99% p.a. to 9.99% p.a.
5.49% (fixed)
5.73%
$25,000
1 to 7 years
$175
$0
Offset your interest with a Car Budget Account.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
From 5.19% (fixed)
6.08%
$5,000
3 to 7 years
$655 (Includes PPSR registration and private sal fee, if applicable)
$0
You'll receive a personalised interest rate from 5.19% p.a. to 5.69% p.a. based on your risk profile
A flexible car loan from $5,000 - $50,000 with personalised rates and rewards for strong credit customers.

From 5.69% (fixed)
6.39%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 5.69% p. a.
Purchase a new car with this loan and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
From 5.69% (fixed)
6.39%
$5,000
1 to 7 years
$499
$0
Benefit from 5-hour pre-approval.
A competitive rate car loan from RACV with no monthly fees.
From 4.89% (fixed)
5.44%
$5,000
3 to 5 years
$400
$0
Optional balloon payment available to reduce your repayments.
A competitive rate car loan suitable for a new cor used car.
From 5.71% (fixed)
6.57%
$1,000
1 to 7 years
$500 (from $100 to $500)
$10
You'll receive a fixed rate between 5.71% p.a. and 8.66% p.a. based on your personal credit history
A flexible loan to help you finance a car, motorbike or boat up to five years old.
From 4.69% (fixed)
5.64%
$10,000
3 to 7 years
$700 (for private seller vehicles this fee is $608)
$9
Fixed or variable rates starting from 4.69% p.a.
Apply for up to $100,000 and have up to 7 year(s) to repay. You can use cash or trade in a vehicle to use as a deposit.
From 7.99% (variable)
8.96%
$10,000
1 to 10 years
$200
$10
Your choice between secured or unsecured.
Apply for a loan up to $75,000 and benefit from loan terms up to 10 years.
8.49% (fixed)
9.67%
$10,000
1 to 7 years
$250
$12
Use a new or used car as security.
A flexible loan thats lets you benefit from a car search tool as well as the option to borrow extra for on-road costs.
From 8.49% (fixed)
9.6%
$3,000
1 to 5 years
$195
$12
You'll receive a fixed rate from 8.49% p.a. based on the value of your car
Get a competitive rate and apply for a larger loan up to $80,000 when you attach a new or used car as security to the loan.
6.69% (fixed)
7.04%
$2,000
1 to 5 years
$250
$0
Secure this loan with a car and use the funds for any purpose.
Competitive 6.89% p.a. rate available to all approved applicants. Loan amounts up to $60,000 available.
From 6.99% (fixed)
7.7%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.99% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
From 5.99% (fixed)
6.63%
$10,000
1 to 10 years
$200
$5
You’ll receive a fixed rate of 5.99% p.a. ( 6.63% p.a. comparison rate ).
Apply for up to $75,000 available with asset security. Only good credit applicants can apply for this loan.

Compare up to 4 providers

Types of car loans offered by FCCS

  • Rewards Car Loan. This loan offers a competitive variable rate with the purchase of a new car. Loan terms are available up to seven years and for amounts above $5,000. There are also insurance protection options available plus a free car buying service to help you find and purchase your new vehicle.
  • Car Loan. The Car Loan allows borrowers to purchase used cars for amounts above $5,000. This loan is offered at a competitive variable rate for up to seven years and there is also a private fleet car buying service available.

Awards

  • First place in Money Magazine's Best of the Best awards for the Superfund Maximiser account in 2009, 2010 and 2011

Features and benefits of FCCS car loans

  • Additional repayments. FCCS allows you to make additional repayments, including lump sum payments, that can help you pay off your loan sooner and save money in interest costs.
  • Redraw facility. If you choose to make additional repayments you have the ability to redraw those payments should you need them. This is a flexible feature that may encourage you to make additional repayments.
  • Loan protection insurance available. This insurance can offer you protection against accidents, illness or involuntary unemployment that may prohibit you from making loan repayments as you had planned.
  • Automatic repayments. FCCS' preferred method of payment is via salary deduction, although the credit union does allow you to make repayments via direct debit from a savings or transaction account.
  • Online application. FCCS lets you apply for its car loans online, with no need to go through a loan interview at a branch. The approval process is relatively quick and simple and can help you get into your car sooner.

What other products does FCCS provide?

  • Loans. As well as car loans, FCCS offers home loans, personal loans, overdrafts and share investment loans.
  • Credit and debit cards. FCCS offers a Redicard that acts as a debit card linked to your transaction account, as well a MyCard Low Rate MasterCard and a MyCard Platinum MasterCard.
  • Insurance. The insurance range includes Home and Contents Insurance, Landlord Insurance, Car Insurance, Boat and Caravan Insurance, Travel Insurance and Loan/Mortgage Protection Insurance.
  • Savings and transaction accounts. You can choose from a range of savings and transaction accounts for people in all financial situations, including kids and seniors. There are also online accounts, term deposits and self-managed super fund (SMSF) savings accounts.

How to apply

You can apply for a car loan online through the FCCS website. You will need to be over the age of 18, have a good credit rating and be a member of FCCS. When you apply, you will need to have the following information handy:

  • A current payslip or letter from your employer outlining your commencement date and salary details
  • Proof of any other income, if applicable
  • If you are self-employed you will need to provide full financial statements and tax assessments for the last two years, and current figures that are no more than three months old
  • Statement for your home loan and any other loans
  • Credit card and store card statements
  • A copy of a recent rental lease or a letter from the owner if you are boarding
  • Information about the car you intend to purchase, including make, model and condition (if it is a pre-owned vehicle)

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 5.49% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Latitude New and Used Car Loan
Latitude New and Used Car Loan

You'll receive a fixed rate of 6.99% p.a.
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 5.49% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 5.69% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees. Note: Product only available to residents of Victoria.

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