Gateway Credit Union Car Loans

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 April 25th, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Product Description Monthly Repayment
Gateway Car Loan - New Car
From 7.04% (variable)
7.25%
$3,000
1 to 7 years
$149
$0
A low interest rate car loan with no account keeping fee.
Gateway Car Loan - up to 5 years old
Gateway Car Loan - up to 5 years old
From 7.94% (variable)
8.15%
$3,000
7 years
$149
$0
A low interest rate car loan with no account keeping fee.
Gateway Car Loan - over 5 years old
Gateway Car Loan - over 5 years old
From 9.74% (variable)
9.95%
$3,000
7 years
$149
$0
A low interest rate car loan with no account keeping fee.

Compare up to 4 providers

Rates last updated April 25th, 2019
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Product Description Monthly Repayment
Latitude New and Used Car Loan
From 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 14.99% p.a.
IMB New Car Loan
5.89% (fixed)
6.24%
$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.
Beyond Bank Low Rate Car Loan
From 5.69% (fixed)
5.97%
$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.
Loans.com.au - New Car Loan
5.44% (fixed)
5.99%
$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.
Stratton Finance New Car Loan
From 5.34% (fixed)
6.6%
$7,500
1 to 7 years
$459.20 (for private seller vehicles this fee is $608)
$8.90
Fixed or variable rates starting from 5.34% p.a.
Apply for up to $150,000 and have up to 7 year(s) to repay. You can use cash or trade in a vehicle to use as a deposit.
RACV New Car Loans
From 5.99% (fixed)
6.55%
$15,000
1 to 7 years
$399
$0
Benefit from 5-hour pre-approval.
A competitive rate car loan from RACV with no monthly fees.
Credit Concierge Car Loan
From 4.99% (fixed)
6.23%
$10,000
1 to 7 years
$350
$5
You'll receive a interest rate from 4.99% p.a. with a comparison rate from 6.23% p.a.
Get access to over 20 providers to fund a new or used car.
Westpac Car Loan
From 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.
St.George Secured Personal Loan - Fixed Rate
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.
NRMA New Car Loan
From 5.99% (fixed)
6.55%
$5,000
1 to 7 years
$399
$0
You'll receive a fixed rate of 5.99% 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.
IMB Secured Personal Loan
6.89% (fixed)
7.24%
$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.
NRMA Used Car Loan
From 7.24% (fixed)
7.8%
$5,000
1 to 7 years
$399
$0
You'll receive a fixed rate of 7.24% 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.

Compare up to 4 providers

  • 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 $50,000 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 7 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 7.04% p.a.
  • Car is older than 12 months and less than five years old: It is eligible for a car loan with terms up to 7 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 7 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.

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Car Loan Offers

Important Information*
IMB New Car Loan

You'll receive a fixed rate of 5.89% 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.

Latitude New and Used Car Loan

You'll receive a fixed rate between 6.99% p.a. and 14.99% p.a. based on your risk profile
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 5.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Loans.com.au - New Car Loan

You'll receive a fixed rate of 5.44% p.a.
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment.

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2 Responses

  1. Default Gravatar
    JosephMay 20, 2015

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

    • finder Customer Care
      MattMay 21, 2015Staff

      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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