Gateway Credit Union Car Loans

Information verified correct on December 10th, 2016

Enjoy a competitive car loan from a lender which aims to benefit its members.

Gateway Credit Union offers financing solutions that include home loans, car loans, personal loans and funeral loans and others. It also provides various insurance policies including general insurance and life cover. Gateway was started in 1955, and it has grown to be a leading credit union with a membership of more than 40,000.

If you're looking to finance a new or used car purchase you can consider a car loan from Gateway CU – find out about its offerings on the page below.

Gateway CU car loans comparison

Rates last updated December 10th, 2016
$
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
Gateway CU Car Loan - New Car
A low interest rate car loan with no account keeping fee.
From 7.04% (variable) 7.25% $3,000 1 to 7 years $149 More
Gateway CU Car - up to 5 years old
A low interest rate car loan with no account keeping fee.
From 7.94% (variable) 8.15% $3,000 5 years $149
Gateway CU Car - over 5 years old
A low interest rate car loan with no account keeping fee.
From 9.74% (variable) 9.95% $3,000 5 years $149
Rates last updated December 10th, 2016
$
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
IMB New Car Loan
This fixed rate new car loans up to 2 years old features no early repayment penalties
From 6.34% (fixed) 6.62% $2,000 1 to 7 years $199 Go to site More
CUA Fixed Rate Car Loan
A competitive car loan that offers flexible repayment options and no account keeping fees.
From 6.79% (fixed) 6.92% $15,000 1 to 7 years $0 Go to site More
RACV Car Loans
Enjoy this fixed rate new car loan offer from RACV. No ongoing fees.
From 6.2% (fixed) 6.73% $15,000 1 to 7 years $378 Go to site More
Matchacar Financing
Get a tailored financing solution for buying your next car.
From 5.35% (fixed) 6.04% 1 to 7 years $350 Go to site More
NRMA Car Loan
Purchase a new car with an NRMA Car Loan with a fixed rate term and no monthly fees.
From 6.2% (fixed) 6.73% $15,000 1 to 7 years $378 Go to site More
IMB Secured Personal Loan
A secured loan from IMB with flexible repayment features
From 7.39% (fixed) 7.67% $2,000 1 to 5 years $199 Go to site More
RACQ New Car Loan
A low fixed rate loan from RACQ suitable for buying a new car.
From 6.2% (fixed) 6.73% $15,000 1 to 7 years $378 Go to site More
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.
From 12.99% (fixed) 14.2% $3,000 2 to 7 years $250 (Loans under $4000 - $140) Go to site More
Bank of Melbourne Secured Car Loan
A low rate personal loan from Bank of Melbourne with variable or fixed option.
From 8.49% (fixed) 9.39% $3,000 1 to 5 years $195 Go to site More
BankSA Fixed Rate Car Loan
Apply for a fixed rate car loan from multi-award winning BankSA.
From 8.49% (fixed) 9.39% $3,000 1 to 5 years $195 Go to site More
  • Car Loan – New Car. If you're in the market for a new car or one up to 12 months old you can take advantage of a competitive variable rate of 7.04% p.a.. Borrow between $3,000 and $75,000 and have up to 7 years to repay it.
  • Car Loan – Up to 5 years old. Used cars up to five years old can also be used as security and you'll receive a competitive rate of 7.94% p.a.. You can borrow a minimum of $3,000 with this loan and enjoy flexible repayment options, including the ability to make unlimited additional repayments. Loan terms are available up to 5 years.

Is your car eligible to be used as security?

  • Car is brand new or up to 12 months old: It is eligible for a car loan with terms up to 7 years and a rate of
  • Car is older than 12 months and less than five years old: It is eligible for a car loan with terms up to 5 years and a variable rate of 7.94% p.a.
  • Car is older than five years: It is eligible for a car loan with terms up to 9.74% p.a. and terms up to 5 years.

How you can apply with Gateway CU

If you're interested in applying for a car loan with Gateway you can get your application started online. First, make sure you meet all the criteria outlined below:

  • Over the age of 18
  • An Australian citizen or permanent Australian resident
  • Currently employed
  • Receive a regular income
  • Have not declared bankruptcy or insolvency or had defaults on credit accounts in the last five years

If you said "yes" to each of these you can start you application. You'll need all the following details on hand:

  • Income and employment. Gross and net salary information, employment details and any other income you receive.
  • Assets. The approximate values of your properties, vehicle savings and super.
  • Liabilities. Your current loan balances, repayment amounts and credit card and overdraft limits.

Gateway CU offers a competitive option to help you finance your car, but as there are a range of options available, make sure you compare what's available so you get the right loan for you.

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.

CUA Fixed Rate Car Loan

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

IMB New Car Loan

This fixed rate new car loans up to 2 years old features no early repayment penalties

RACV Car Loans

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

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2 Responses to Gateway Credit Union Car Loans

  1. Default Gravatar
    Joseph | May 20, 2015

    Possibility of purchasing a 2013 Peugeot Partner commercial vehicle for $17500 privately. Do you do pre approval for potential clients? Regards Joseph

    • Staff
      Matt | May 21, 2015

      Hi Joseph,

      You’ve come through to finder.com.au an online comparison service, not GatewayCU.

      To discuss pre-approval and any other matters please get in touch with GatewayCU directly.

      Cheers
      Matt

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