NAB Car Loans

Information verified correct on October 21st, 2016

Whether it’s a loan for a motorbike, a new car or used vehicle, NAB may be able to help.

NAB Logo

Having your own car, whether for business or personal use, comes with huge benefits, and is a necessity for many people in a range of living situations. With NAB car loans, you can now realise your dream of owning your own car whether you are planning on purchasing a brand new one or a second-hand vehicle.

The National Australia Bank Group (NAB) offers various financial services. With a NAB Personal Car Loan you can finance a new or used car purchase. In the guide below you'll find out more about this financing option, including its features and fees. Read on to learn more.

NAB Car Loan Comparison

Rates last updated October 21st, 2016
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
NAB Car Loan Variable Rate
Whether you're upgrading your ride or adding to your garage, a NAB Personal Loan gives you a great low rate.
From 13.69% (variable) 14.56% $5,000 1 to 7 years $150 More
  • NAB Car Loan. The NAB Car Loan is an unsecured, fixed or variable rate loan offering from NAB. It comes with a competitive rate of 13.69% p.a. for variable rate loans and you have between 1 and 7 years to pay it off. You're able to borrow between $5,000 and $55,000 and you can use the loan amount however you choose, that is, on a new, used or even a classic car.

Is your car eligible?

As the loan is unsecured you're able to finance any car with this loan. You can purchase a car from a dealership or a private sale, or you can even buy demonstrator vehicle.You need to borrow between $5,000 and $55,000 so the car you're looking to buy needs to be valued between those amounts or you need to be looking to borrow that amount. You are able to use the loan amount to purchase other items with this loan.

How to apply for a car loan from NAB

To apply for the NAB car loan, please click "Go to Site" to start your application. You'll need to meet the following eligibility criteria before you start the application:

  • Be over the age of 18
  • Receive a regular income or wage
  • Have a good credit rating
  • Be able to afford the loan repayments
  • Be an Australian citizen, permanent resident, New Zealand citizen or hold a 457 visa
  • Live in Australia

You'll need the following information on hand to complete your application:

  • Details of your car loan
  • Driver's license
  • You contact details
  • Your personal details
  • Employment details
  • Financial details

The application should take about 30 minutes to complete and you can receive your funds in about two business days. If you're an existing NAB customer, you can use Internet Banking to submit your application, but you will need to apply online if you are a new customer or if you are making joint applications.

Beyond Bank Low Rate Car Loan "Special Offer"

A great rate for cars under 2 years old.

IMB New Car Loan

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

CUA Fixed Rate Car Loan

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

RACQ New Car Loan

A low fixed rate loan from RACQ suitable for buying a new car.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question