View Car Loan Brands: A to Z Listing

Information verified correct on December 5th, 2016

A listing of Australian Car Loan Brands


A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Allied Members Credit Union Ltd

Allide-Members-CU
The Allied Members Credit Union Ltd (AMCU) was formed in 2008 when Comtax Credit Union and Security Credit Union joined forces. Despite the merger, both credit unions continue functioning as independent divisions of AMCU, and both offer their members an array of financial services.
Details of their car loans are as follows:

Comtax Credit Union Car Loan. This variable interest secured car loan does not charge any ongoing account-keeping fees, and you can make extra repayments without paying any penalty. Repayment flexibility also comes in the form of you being able to make weekly, fortnightly, or monthly payments. The maximum you can borrow is $50,000, and the maximum loan term extends to seven years. Pre-purchase approval is available to simplify the car-buying process, and you can also get loan protection insurance.

Security Credit Union Car Loan. The features this car loan offers are the same as ones that the Comtax Credit Union car loan offers, as both fall under the AMCU umbrella.

Arab Bank Australia Limited

Arab-Bank-Australia
Arab Bank Australia began operations in 1986 and is a wholly-owned subsidiary of Arab Bank plc. Arab Bank Australia has nine branches across Melbourne and Sydney and it offers a wide range of banking products and services. If you need finance to buy a car, you can take out a Secured or an Unsecured Personal Loan from Arab Bank.
These loans are available with fixed or variable rates, allowing you either the security of fixed repayments or the chance to take advantage of fluctuating market rates. If you choose a variable rate loan, you can also make extra repayments without attracting any penalties.

Secured Personal Loan. When using proceeds from this loan to purchase a car, the car in question works in securing the loan. You can opt between fixed and variable interest rates, and loan amount as well as loan term can vary from case to case. You get repayment flexibility in the form of being able to make weekly, fortnightly, or monthly repayments, and if you have a variable rate loan you can make extra repayments without attracting penalties. For making repayments, you can set up a direct debit linked to your Arab Bank Australia account or you can turn to online banking.

Unsecured Personal Loan. The Unsecured Personal Loan from Arab Bank can also be used to finance a car purchase. Choose from a fixed or variable rate and enjoy flexible repayment options — weekly, fortnightly or monthly. Loans are available for a range of amounts and terms.

Australian Defence Credit Union Limited (ADCU)

ADCU
ADCU has been rebranded and is now called Australian Military Bank, they offer all the same loan products and services. This below is kept for informational purposes only.

The Australian Defence Credit Union (ADCU) began operations in 1959. In addition to offering its services to the defence community, it also welcomes members from the general public. ADCU boasts 33 branches in Australia, around 50,000 members and funds under management in excess of $1 billion.

If you need funds to purchase a car, ADCU offers a New Car Loan, an Equity Car Loan and a Used Car Loan. Each loan offers fast approval, minimal fees and competitive rates. Features include:

New Car Loan. You can borrow up to 100% of the purchase price of a new car (up to one year old) through this loan, and the maximum you can borrow is $80,000. This loan does not charge any monthly or annual fee, it allows you to make early repayments, and it also offers a free redraw facility. the loan period can extend up to 7 year(s) and you can choose between making weekly, fortnightly, and monthly repayments.

Equity Car Loan. To qualify for the discounted interest rate this loan comes with, you have to pay at least 20% of the car’s purchase price as deposit. Other than that, its features are in line with the New Car Loan.

Used Car Loan. Apply for this loan if you want to buy a car that’s between one and five years old. The maximum you can borrow is $70,000, and the other features are the same to those of the previous two loan offerings.

AWA Credit Union Limited

AWA-CU
AWA Credit Union is a mutual financial services provider owned by its members and with assets amounting to over $240 million. The credit union was formed in 1969 and has grown to have a membership of about 4,800.
AWA members looking to finance the purchase of a car or boat can take out an AWA Personal Loan, the features of which are outlined below.

Personal Loan. This loan features a competitive variable rate and can be taken out for a period up to five years. You can pay off your loan early without incurring any penalty, and there are no monthly account-keeping fees. With this loan, you can set automatic repayments by payroll deduction or direct debit, or make your repayments via internet or phone banking.

Bananacoast Community Credit Union Ltd (bcu)

bcu
Bananacoast Community Credit Union, or bcu, began operations in the early 1970s. Today, it offers its products and services to residents and businesses from Port Macquarie in NSW to the Sunshine Coast in Queensland. In addition to access and savings accounts, credit cards, home loans and insurance, it also offers a Fully Secured Personal Loan to those wanting to buy a vehicle.

Fully Secured Personal Loan. Customers can borrow from $20,000 to $50,000 for a maximum loan term of 10 year(s). There are no monthly or annual fees attached to this loan, but borrowers will have to pay a loan establishment fee. Discounted rates are available and you can make additional repayments and pay off your loan amount early without incurring a penalty. A free redraw facility for $500 or more.

Bank of Queensland Limited

BOQ
Bank of Queensland (BOQ) has been in existence for over a century and aims to offer Australians a real alternative in financial services. The bank has branches in every state and territory in Australia and offers a wide range of services including car and personal loans, personal banking and business finance solutions.
BOQ offers affordable financing solutions for a car purchase with its affordable car loan, which is available for terms of between one and seven years. The minimum amount you can borrow is $5,000.

Generation Green Secured loan. This loan rewards you with an interest rate discount for environmentally sustainable purchases and can be ideal for the purchase of a 5-star rated car. Financing is offered at a fixed rate of on a loan term of up to .

Car Loan. BOQ car loans are secured against your vehicle, with your choice of a fixed or variable interest rate to suit your budget. BOQ allows you to choose whether you want to make repayments weekly, fortnightly or monthly. You can also pay off your car loan early without attracting any fee.

Bankstown City Credit Union Ltd

Bankstown-City-CU
Bankstown City Credit Union was opened in 1965 to offer financial services to Bankstown City Council staff. Today, its members get to benefit from a wide range of financial products, competitive rates and the confidence of banking with a strong, secure credit union. If you are looking for a car loan that will help you drive your money further, you should consider taking up a Bankstown City Credit Union Car Loan.

Car Loan. This variable rate loan allows you to borrow between $2,000 and $30,000 for a term of up to 5 year(s). You’ll need to offer the vehicle you are buying as security for the loan as well as pay an establishment fee and monthly account-keeping fees. You can choose whether you would like to make repayments weekly, fortnightly or monthly. There is no annual fee attached to the Car Loan.

Berrima District Credit Union Ltd

Berrima-District-CU
Berrima District Credit Union began operations in 1963, owing to the efforts of a group of workers from the Southern Portland Cement Works. This credit union now boasts more than 14,000 members and it offers them a range of financial services and products.
As part of its offerings, it gives members the ability to apply for three different types of car loan: the Brand New Car Loan, Second-hand (Less Than Six Years) Car Loan and Second-hand (Older Than Six Years) Car Loan. Each loan is tailored to the needs of different buyers and offers the following features:

Brand New car loan. This is the loan to apply for if you plan to buy a new car, with the loan term able to extend up to 7 year(s) and a variable rate of 9.2% p.a. This loan allows you to make lump sum repayments and you can also make early repayments without attracting penalties. The loan, however, does attract an application fee and a monthly fee. Repayment flexibility allows you to choose between making weekly, fortnightly, and monthly payments.

Second-Hand (less than six years). Apply for this loan if your car of choice is less than six years old, and the minimum you can borrow is $7,000. Feature-wise, it is the same as the previous offering with a variable rate of 12.99% p.a.

Second-Hand (older than six years). The primary difference between this loan and the previous offering is that this attracts a slightly higher interest rate — 14.99% p.a.

Personal SMART Package. Available with any loan for an annual fee of $180, this package offers a 1% p.a. interest rate discount as well as insurance and financial planning discounts plus a host of other benefits.

Big Sky Building Society Limited

Big-Sky-Buiding-Society
Having been in operations for over 40 years, Big Sky is made up of several former credit unions and building societies that now provides financial services Australia-wide. Big Sky offers everyday banking and transaction accounts, insurance products, savings accounts, credit and travel cards as well as a range of personal loans. If you’re looking to purchase a vehicle, you can consider the New Car Loan.

New Car Loan. You’ll find no application or establishment fees with this loan as well as a competitive rate of 9.13% p.a. You can take out the loan for a term of up to 8 year(s) and make your choice of weekly, fortnightly or monthly repayments. This is a secured loan, and the vehicle you purchase needs to have a comprehensive car insurance policy in order to be eligible.

BOQ Specialist Bank Limited

BOQ-Specialist
For over 20 years, BOQ Specialist has been offering distinctive banking solutions to members of different market niches, including doctors, vets, dentists, accountants and lawyers. The bank has branches in Sydney, Melbourne, Perth, Adelaide and Brisbane, offering practice finance, personal finance and personalised banking services to its members.
It offers personal and business options to customers looking for car financing. There are a range of loan structure options available including finance leases, hire purchases, chattel mortgages and novated leases.

Motor Vehicle finance (Practice) Get the financing you need for a new or used vehicle for your practice with this car loan with low fees, competitive interest rates, repayments that suit your cash flow and flexible terms of up to five years.

Motor vehicle finance (personal) If you are looking to buy a vehicle for personal use, this loan can suit you. BOQ personal car loans offer you a wide range of structured options and repayments that suit your income. You also get to enjoy competitive rates and a loan term of up to five years for a new or used car purchase.

CAPE Credit Union Limited

CAPE-CU
CAPE Credit Union has been providing flexible, customer-focused financial products to its members for more than 40 years. It focuses on customer-owned banking and aims to return any profits back to its members.
This lender offers two loans for people looking for car financing: the New Toy Loan (0 - 1 Yr Old) and the Used Toy Loan (Less Than 5 Yrs Old). Each loan offers a competitive variable rate and a range of flexible repayment options. Other loan features include:

New Toy Loan (0-1 years). If you are having trouble raising the money you need for a new car purchase, Cape can lend you $1,000 to $100,000 at a rate of 8.9% p.a. The loan offers flexible repayments, a loan term of up to 10 year(s) and low application fees.

Used Toy Loan (less than 5 years old). This loan is designed to give you the financing you need buy a used car less than five years old. Borrow up to $50,000 for a loan term of up to . This loan comes with a rate of 10.45% p.a. and the same competitive features of the New Toy Loan.

Central Murray Credit Union Limited

Central-Murray-CU
The Central Murray Credit Union began operations as Yarrawonga Credit Union Co-operative Limited in 1972, and it was only in 2002 that it changed its name to Central Murray Credit Union. This credit union offers its members an array of home loans, commercial loans, savings and access accounts, insurance, financial planning and more.
If you want to buy a new or used car, you can think about applying for Central Murray Credit Union’s Secured Personal Loan. This loan offers the following features:

Secured Personal Loan. There are no monthly account-keeping fees attached to this loan and you will not incur any fees for making additional repayments or for paying off your loan ahead of schedule. Most loans are approved within 48 hours and you can choose from weekly, fortnightly or monthly repayments.

Central West Credit Union Limited

Central-West-CU
Central West Credit Union was first opened in 1966 to offer financial services to local government and hospital employees in the Central West region of NSW. It has since opened its doors to all members of the community. The credit union has branches in Forbes, Parkes and Cowra along with agencies at Condobolin, Peak Hill and Grenfell.

With a wide variety of savings and loan products, Central West Credit Union has more than $111 in managed assets. For those in need of car financing, its Classic Car Loan offers the following features:

Classic Car Loan. This is a loan designed for the purchase of new or used cars less than 10 years old. You can borrow up to 100% of the purchase value of the car you want at competitive interest rates from 7.99% p.a. depending on the security you use. (You can secure the loan with a car less than five years old for a lower rate or a car between five and 10 years for a rate of 9.99% p.a.).

Circle Credit Co-op

Circle-CU
Circle Credit Co-op began operations as ICI Employees (Vic) Credit Co-op Limited in 1963. It now offers its services to around 5,000 members from all over Australia. This co-op offers its members a wide array of financial services, including car loans for those looking to purchase their next set of wheels.
Circle Credit Co-op offers a New Car Loan, a loan for used cars up to five years old and a loan for used cars that are older than five years. These car loans offer the following features:

New Car Loan. This car loan offers same day approval, and you can also get pre-approval if required. A competitive rate of 7.9% p.a. is attached to this loan. Applying is easy, you can do so over the phone or online, and you get to deal with the same person through the entire process. This car loan offers a free redraw facility, and refinance is available.

Used Car Loan. The features of this car loan are same as ones offered through the new car loan. Interest rates vary depending on if the car in question is less than five years old or over. Cars below five years enjoy a competitive rate of 8.90% p.a. and cars above this age will come with a rate of 13.90% p.a.

Coastline Credit Union

Coastline-CU
Coastline Credit Union has been offering financial services to its members for more than 40 years. It aims to provide high-quality financial products with minimal fees and competitive interest rates.
Coastline Credit Union offers a Secured Variable Car Loan and a Secured Fixed Car Loan for customers who need financial assistance to buy a vehicle. A range of interest rate discounts are offered with these loans, with different levels of savings provided depending on how much you are borrowing and the age of the car you are buying.
These loans have the following features:

Secured Car Loan (fixed rate). There are no monthly fees attached to this car loan and you’re allowed to make unlimited extra repayments. You can choose to make weekly, fortnightly or monthly repayments to suit your budget and rates are offered on a tiered structure. Rates range from 6.71% p.a. for a car that’s less than three years old and worth over $30,000, to a 9.86% p.a. rate for a car three years or older that’s worth more than $10,000.

Secured Car Loan (variable rate). Borrow up to $100,000 with this loan to finance a car purchase of your choice. This loan is also offered with tiered rates depending on the car you choose to purchase. There are two rates available: a variable 7.47% p.a. rate for cars less than three years old and worth over $30,000, or a 9.47% p.a. rate for cars less than three years old worth $15,000 or more.

Commonwealth Bank of Australia

Commonwealth-Bank
The Commonwealth Bank of Australia is one of the leading financial service providers in the country. Its array of offerings includes bank accounts, credit cards, home loans, personal loans and car loans. If you wish to buy a new or used car that is less than five years old, a Commonwealth Bank car loan can help.

Secured Car Loan. The Secured Car Loan from Commonwealth Bank uses the car you buy as collateral. It features a competitive fixed rate of 8.49% p.a. and terms of between 1 year(s) and 5 year(s). Other loan features include the ability to make repayments on your car loan weekly, fortnightly or monthly to suit your budget. Borrowers can make additional repayments of up to $5,000 per year on their loan and if you apply online you’ll get a response within 60 seconds. You can borrow a minimum of $10,000 and there is no maximum loan amount. If you wish to borrow less than $10,000 you can use an Unsecured Variable Rate or Fixed Rate Personal Loan from the Commonwealth.

Community Alliance Credit Union Limited

Community-Alliance-CU
The formation of the Community Alliance Credit Union was a result of the coming together of Unicom Credit Union (now Catalyst Mutual) and the Illawarra Credit Union in 2003. Through Illawarra Credit Union, Western City Credit Union and Catalyst Mutual, the Alliance now provides financial services and products to almost 30,000 members.

Community Alliance Credit Union offers a New Car Variable Loan and a New Car Fixed Loan to members who need vehicle financing. These loans offer the following competitive suite of features:

New Car Variable Loan. Use this variable rate loan to buy a new car, and you can borrow any amount in between $10,000 and $100,000, with maximum loan term extending to 5 year(s). This loan does not attract any account-keeping fees and comes with a competitive rate of 8.16% p.a. You can make extra repayments and you can also choose to pay the balance ahead of time without attracting any penalty. This loan comes with a free redraw facility.

New Car Fixed Loan. While this loan offers features that are very similar to the new car variable loan, it attracts a fixed interest rate of 7.99% p.a. This guarantees that your repayments remain the same for the entire duration of the loan.

Community CPS Australia Limited (trading as Beyond Bank Australia)

Beyond-Bank
Beyond Bank Australia is one of the largest customer-owned banks in Australia, with 49 branches across the country and nearly 200,000 members. Among its suite of financial products, the bank offers customers access to variable and fixed rate car loans to help you achieve your dream of buying a car.

No Fee Car Loan. If you’re after a car loan with no fees, this is an option to consider. Get a stress-free loan with no upfront, ongoing or early repayment fees at a competitive rate of 8.89% p.a. to help you get on the road sooner.

Low Rate Car Loan. This loan has minimal fees and a competitive interest rate of 7.99% p.a. to help you save on your car purchase. The minimum loan amount is $5,000 and you’ll enjoy flexible repayment options on your loan.

Flexi Car Loan. This loan offers a host of flexible options and features. You’ll enjoy a competitive rate of 13.45% p.a.. plus the convenience of a redraw facility. You have the option of fixed or variable interest.

Community First Credit Union Limited

Community-First-CU
Community First is a member-owned financial institution that has been in operation for more than 50 years. Based in Sydney and the Central Coast region of NSW, Community First offers three car loans for those who want to purchase a vehicle.
The New Car Loan, Used Car Loan and Green Car Loan are all available, with features as follows:

New Car Loan. This loan is for the purchase of new cars less than three years old and allows you to borrow up to $60,000 for between 1 year(s) and 5 year(s). The car you purchase is used to secure the loan, allowing you to benefit from a competitive rate of 7.99% p.a..

Used Car Loan. Borrow up to $50,000 or more with mortgage security for the purchase of a used car more than three years old. The loan comes with varying rates from 13.99% p.a. to 17.99% p.a. and a loan term of up to 5 year(s).

Green Car Loan. Thinking of buying an environmentally-friendly car? This loan rewards you with a lowered rate of for the purchase of a vehicle with a minimum 4-star rating. You can borrow up to for a loan term of between and .

Community Mutual Ltd

Community-Mutual
The Community Mutual Group is an amalgamation of New England Mutual, Orana Mutual and Hunter Mutual. This credit union offers its members a wide range of financial products and services, including car loans for those who need vehicle financing.
A Community Mutual Car Loan has flexible features that can be tailored to suit your needs. It features competitive rates, fast loan approval and loan terms of up to 84 months. Other benefits of a Community Mutual loan include:

Car Loan. You can redraw from your loan if you need urgent funds and you’re able to pay off your loan ahead of schedule without incurring a fee. The Community Mutual Car Loan does not attract any monthly account-keeping or service fees and most loans are approved within 24 hours, giving you fast access to funds. The loan is available as a fixed or variable rate depending on the car you choose.

Comtax Credit Union

Comtax-CU
Comtax Credit Union is a division of the Sydney Credit Union (SCU). SCU began operations in 1963, and has had several merges since then. It offers its members an array of financial services and products, which include loans, daily accounts, insurance solutions, business banking solutions, and financial planning advice.
This credit union offers two car loans that can help you get on the road sooner.

New car loan - fixed rate. You can use proceeds from this loan to buy a new car or one that is up to two years old. The minimum you can borrow is $10,000, and you can borrow up to 100% of the car’s purchase price, as long as it is under $50,000. Maximum loan term stands at 7 year(s). Early repayments do not attract penalties, and this loan offers a fee-based redraw facility.

New car loan - variable rate. You can use this loan to buy a car that is up to three years old, and pay if off for up to 7 year(s). You can also make extra repayments and not attract any penalties.

Country First Credit Union Ltd

Country-First-CU
Country First Credit Union is a member-owned financial institution with offices in Griffith, Leeton and Narrandera, plus an agency in Hay.
If you are looking for affordable financing for a green car purchase, Country First offers the Enviro First Car Loan. However, Country First also offers a Secured Personal Loan which can be used to purchase a vehicle.
Loan features include:

Enviro First Car Loan. This loan gives you a special ongoing variable rate of , as a reward for purchasing an environmentally-friendly vehicle. You can borrow up to for the purchase of a green car up to two years old with a minimum star rating of 3.5. The loan has no monthly account-keeping fees, and offers the flexibility to make extra repayments without penalty. Other features offered include variable and lump sum repayment options and flexible monthly, weekly and fortnightly repayments.

Secured Personal Loan. If the car you want to purchase falls outside the requirements for the Enviro First Car Loan, you can opt for the Secured Car Loan from Country First. Borrow up to at a competitive rate of and still enjoy no monthly fees and no penalty for early repayments. All loans are approved fast — usually within three hours of providing the needed documentation.

Credit Union Australia Ltd (CUA)

CUA
Credit Union Australia (CUA) was formed after the coming together of more than 160 credit unions, making it Australia’s largest customer-owned financial institution. Its personal banking section offers home loans, personal loans, savings and everyday accounts, term deposits, insurance cover and more.
Customers looking to buy a car can consider applying for the CUA Fixed Rate Car Loan. This secured loan offers a competitive rate, fast approval and a range of flexible features. These include:

CUA Fixed Rate Car Loan. The Fixed Rate Car Loan does not attract any monthly account-keeping fees and there are no penalties for paying out your loan early. The loan also comes with a competitive fixed rate of 7.99% p.a. for cars up to two years old and worth over $30,000. You can also make unlimited additional repayments on your loan without incurring a penalty.

Credit Union SA Ltd

Credit-Union-SA
Credit Union SA is a financial services provider located in South Australia. With a history of more than 50 years, this credit union is dedicated to helping its members make smart decisions about their finances so they can improve their lives.
Credit Union SA’s array of products and services includes the Secured Car Loan, which is a flexible financing solution for those who need help purchasing a vehicle.

Secured Car Loan. With a fixed interest rate for five years and then a variable rate after that, the loan is available for a term of between 1 year(s) and 10 year(s). If your loan is between $5,000 and $15,000 you’ll secure a rate of 8.39% p.a., while loans over $15,000 come with a rate of 7.59% p.a There are no monthly loan or account-keeping fees attached and you won’t incur any fees for making extra repayments or for paying your loan off ahead of schedule. You can also access your extra repayments for no cost when you redraw more than $500.

Defence Bank Products

Defence-Bank
Defence Force Credit Union Limited began operations in 1975 and later became Defence Bank in 2012. With 40 branches around Australia, this financial institution offers an array of products and services, including a range of car and auto loans.
Defence Bank offers three types of personal loans, the benefits and features of which are outlined below:

New Car Loan. Apply for this loan if you plan to buy a new car. This loan does not attract any ongoing fees, monthly fees, or early payout fees, and there are no fees for making extra repayments. It comes with a free redraw facility. This loan comes at a rate of 6.69% p.a.

Used Car Loan. You can apply for this loan if you want to buy a car that is up to five years old. This loan enjoys the same competitive rate as the New Car Loan: 6.69% p.a. and also offers the same features.

Motorcycle Loan. Apply for this loan to buy a new motorcycle or one that is up to five years old. This loan also offers features similar to those of the previous two offerings, including the rate and features.

ECU Australia Ltd

ECU-Australia
ECU Australia Ltd began operations in 1973 as C.R.E.B. Credit Union Ltd. This customer-owned credit union aims to make banking fairer and easier for its members.
If you want to buy a car and you need a loan, ECU offers the Go Car Loan and the Yes Personal Loan.

Go Car Loan. Borrow between $5,000 and $50,000 to buy a car that is up to two years old and enjoy a rate of 7.95% p.a. This loan does not charge any monthly fee or charges if you make extra repayments, and you can make redraws. You have the option to make weekly, fortnightly, or monthly repayments, and you make an pay out the loan early without penalty. Loan repayment and auto equity insurance covers are optional.

Yes Personal Loan. You can turn to this multipurpose loan to buy a car that is two years old or older at a rate of 8.95% p.a. You can borrow between $1,000 and $50,000 and the loan term can extend up to seven years. While its features are largely similar to the ones offered by the Go Car Loan, it does not offer optional auto equity insurance.

EECU Limited

EECU
EECU Limited is a member-owned financial institution established to serve the ExxonMobil community working in Australia and abroad. The credit union offers a diverse range of financial services such as home loans, personal loans, savings accounts and car loans.
If you need vehicle financing, choose from the New Car Loan, the Premium Used Car Loan, the Used Car Loan or the Deposit Secured Car Loan. With terms of up to seven years, these loans offer a wide range of flexible features including:

New Car Loan. Enjoy a variable rate when you make a new car purchase and pay it off over terms up to 7 year(s). You can borrow between $5,000 and $80,000 with this loan, plus a redraw facility is available. Early repayment is also possible without penalty.

Premium Used Car Loan. This is also a variable rate loan but is designed to finance a premium used car. Terms of between 2 year(s) and 7 year(s) are on offer, and you can use the loan to finance 90% of the vehicle’s value and associated costs.

Used Car Loan. If you’re looking to finance a used car, you can opt for this loan from EECU. Pay off your loan with weekly, fortnightly or monthly repayments over 2 year(s) to s7 year(s) terms depending on the age of the car. A redraw facility is available, as is early repayment without penalty.

Encompass Credit Union

Encompass-CU
Encompass Credit Union began operations in 1953 and it offers a wide array of financial services and products. A member-owned institution, Encompass provides everything from savings and investment solutions to loans for people looking to buy a car.
Car loan options from Encompass include the New Car Loan (Motor Vehicles - Up to 1 Yr Old) and the Car Loan (Motor Vehicles Older Than 1 Yr, But Less Than 5 Yrs).
The features of Encompass Credit Union car loans include:

New Car Loan (Motor Vehicles - Up to 1 Yr Old) You can apply for this loan to buy a car that is up to one year old and secure a rate of While this loan charges a nominal establishment fee and account-keeping fee, it also allows you to make extra repayments without incurring penalties. You can choose between making weekly, fortnightly, or monthly repayments, and the loan term can extend to beyond five years. You can seek pre-approval to simplify the car buying process.

Car Loan (Motor Vehicles Older Than 1 Yr, But Less Than 5 Yrs) Through this loan you can buy a car that is up to five years old. It attracts a slightly higher interest rate of but offers the same features.

Family First Credit Union

Family-First-CU
First formed in 1967, Family First Credit union has grown to become an established and trusted financial institution, providing competitive financial services to all residents of Australia.

Like many credit unions, Family First has an ownership structure whereby members own the institution and get financial services such as loans and banking services at lower fees and better rates than those offered by banks.

New Car Loan. This loan can help you access a minimum of $5,000 and a maximum of 100% of the value of the new car you wish to buy at a competitive rate of 7.77% p.a. The loan offers a redraw facility, lump sum repayments, a loan term of up to seven years. There are also features such as no monthly service fees and flexible repayments.

Car Loan (up to 3 years old) Borrow a minimum of $5,000 for the purchase of a car up to three years old and enjoy all the features of the new car loan. This loan comes at a competitive interest rate of 8.88% p.a. and with a loan term of up to seven years.

Car Loan (over 3 years old) If you’re looking to purchase a used car, you can borrow up to $27,500 at a rate of 9.99% p.a. with this loan. Loan terms of up to five years are on offer, as well as all the features of the previous two loan products.

Fire Brigades Employees' Credit Union Limited

Fire-Brigades-Employees-CU
The Fire Brigades Employees' Credit Union Limited is the result of the coming together of a few Fire Brigade personnel in 1968. Any employee of Fire and Rescue NSW, as well as their family members, can apply for membership. This credit union offers its members home loans and personal loans, savings and access accounts, financial planning advice, as well as insurance solutions.
As part of its loan offerings, the credit union gives you the ability to apply for a Car Loan with a host of competitive features. Two products are on offer:

Car Loan. You can borrow as much as $70,000 through this variable rate loan, and maximum loan term stands at 7 year(s). The interest rate is a competitive 8.49% p.a. You can choose between making weekly, fortnightly, or monthly repayments, variable and lump sum repayments, and early repayments do not attract any penalty. This loan does not attract any monthly account-keeping fees, and you can set up auto repayments so you don’t have to remember making them every now and again.

Extinguisher Package Car Loan. You can apply for this loan if you have an existing extinguisher package home loan. Enjoy a discounted rate of 7.49% p.a. on your car loan when you take up this offer.

Firefighters Credit Union

Firefighters-CU
Firefighters Credit Union was first incorporated in 1976 to cater to the financial needs of firefighters. The credit union is member-owned and continues to provide highly personalised financial services to fire personnel from all types of brigades, including MFESB, CFA and Air Services.
The credit union is located in Fitzroy and offers a wide range of loan products to help with home purchases, personal needs and investments. If you want to buy your next set of wheels, a Firefighters Credit Union Car Loan can be used to purchase a new or used vehicle.

Car loan. There are no account-keeping fees attached to these car loans and you can choose from a range of options to create a payment plan that suits your budget. Early payout and extra repayments are allowed without penalty, allowing you to save money in the process of paying off your loan.

Fire Service Credit Union Limited

Fire-Service-CU
Fire Service Credit Union was formed in 1972 with the aim of contributing to the economic well being of its members. One way they do this is by offering competitively priced loans. The credit union has grown over the years to a membership of over 3,000, and continues to provide many products as well as quality customer service. Here is a look at their range of car loans :

New Car Loan. This loan gives you money for the purchase of a new car that’s less than 12 months old. The loan comes with a competitive interest rate of 6.95% p.a. and term of up to 7 year(s). Enjoy flexibility with weekly, fortnightly and monthly repayments and also have the ability to make early repayments without penalty. No account-keeping fees are charged, and early loan repayments are accepted.

Car Loan. Borrow a minimum of $15,000 for the purchase of a car. There is no deposit required on the loan, and you get a competitive interest rate of 8.95% p.a. You’ll also be able to enjoy flexible repayments and save with no account-keeping fees.

First Choice Credit Union Ltd

First-Choice-CU
First Choice Credit Union was established in 1970 as Calare Credit Union. Today, it offers membership and a wide range of financial products and services to individuals from across New South Wales.
If you need to buy a new or used car, First Choice offers a New Car Loan and a Used Car Loan to give you access to the required funds. The competitive interest rate you can access with First Choice loans depends on how much of the purchase price you need to borrow and whether the car in question is new or used.

New Car Loan. You can use this loan to borrow 100% of the car’s purchase price. Rates vary from 8.99% p.a. for a car with 20% equity to 10.25% to a new car with full payment. This loan does not attract any monthly fee, it does not charge early repayment penalties and it offers a free redraw facility. You can opt for direct payroll debits to simplify the repayment process, and you have the option to choose between making weekly, fortnightly, and monthly repayments.

Used Car Loan. This credit union offers a car loan for used cars, and its features are in line with ones the new car loan offers. This includes giving you the option of availing a discounted rate by providing a 20% deposit. Take out a loan for a used car with 20% equity and you’ll enjoy a rate of 10.50% p.a., while a 11.50% p.a. rate is applied to used cars with full payments.

First Option Credit Union

First-Option-CU
First Option credit union has been in existence for over 45 years, providing a range of financial products and first-class service to its members. The institution is industrially focused, providing financial services to employees in various industries including leisure, gaming and telecommunications.

First Option offers personal loans and home loans, banking services, financial planning and foreign exchange products among many other financial services. If you are in the market for a new or used car, you can borrow a car loan at significantly lower fees and highly competitive rates and realise your financial goal today. Here is a look at the First Option car loans that are available:

New Car Loan Borrow a minimum of $1,000 at a rate of 6.99% p.a. and enjoy free loan pre-approval and free car buying service. You also get a flexible loan term of up to 5 year(s) and flexible monthly, weekly or fortnightly repayments. Once you apply for this loan, you get a low fixed rate of 5.99% p.a. for the first six months.

Used Car Loan This loan offers the same benefits as the New Car Loan, allowing you to borrow a minimum of $1,000 for up to 7 year(s). This loan comes with a competitive rate of 11.25% p.a.

G&C Mutual Bank

G&C-Mutual-Bank
G&C Mutual Bank is a member-owned financial institution that began operations in 1959, offering its members an assortment of financial services and products. You can turn to this financial institution for everyday banking needs, to apply for a home loan, as well as for financial advice and insurance solutions.
To buy a car, new or used, you can consider applying for a G&C Mutual Bank car loan, and details of your options are as follows.

New Car Loan. Approval of this loan normally takes place within 48 hours. You can use these funds to buy a car that is up to three years old, you can borrow up to $100,000, and the loan term can extend up to seven years. You can make extra repayments at any time and you can access these funds through a redraw facility. To make repayments, you can visit a branch, or turn to online, phone, or mobile banking.

Used Car Loan. You can apply for this loan to buy a car that is between three to five years old, or to refinance an existing car loan. Other features are the same as what the New Car Loan offers.

Goldfields Money Limited

Goldfields-Money
Goldfields Money Limited has been serving the needs of its customers for over three decades. It offers an array of personal and business banking solutions including loans, savings accounts, access accounts and insurance.
You can turn to Goldfields to apply for a loan if you wish to buy a car, with competitive car loans available for a wide selection of borrowers. However, the interest rate you can receive depends on whether the car you are buying is less than two years old or between two and five years old. If you’re looking to buy an older car you can apply for a Personal Loan from Goldfields Money.

New Car Loan. You can apply for this loan to buy a car that is up to two years old at a rate of 6.5% p.a. To simplify the buying process, you can think about getting pre-approval. All you need to do in order to apply is provide proof of identify, income, and the ability to repay.

Used Car Loan. This is the loan to apply for if you wish to purchase a car that is in between two and five years old. You’ll pay a slightly higher rate of 8% p.a.

Personal Loan. To buy a car that is older than five years you can consider applying for a Goldfields personal loan. Your options include securing the loan using your mortgage or any other form of security, or applying for an unsecured personal loan. Rates differ depending on the type of security you provide.

Goulburn Murray Credit Union Co-operative Limited

Goulburn-Murray-CU
GMCU is a financial institution formed as a result as an amalgamation of six credit unions operating in Central and Northern Victoria. Today, the credit union has thousands of members and has fully operational branches in different areas within the region.
Members of GMCU can access a wide variety of loans, including overdrafts, commercial and personal loans, home loans and equity access loans at competitive rates and low fees. Car loans are also available to help members finance a vehicle purchase. Here is a look at the various car loans available at GMCU:

Car Loans (secured). Use your car to secure your loan and enjoy competitive rates with Goulburn Murray. You can purchase a new or used car, with rates being tiered according to the age of the car.

Car Loans (part secured). If you only want to partly secure your vehicle to your loan, Goulburn Murray provides another car loan option for you. The same tiered rate structure is available and you can still purchase a new or used car.

Greater Building Society

Greater-Building-Society
The Greater Building Society, or simply The Greater, has been in business for more than seven decades and continues to branch out in NSW and south-east Queensland. This financial institution offers an array of personal and business banking solutions including access accounts, credit cards, loans, insurance and financial planning advice.
If you want to buy a new car, you can apply for a Secured Personal Loan from The Greater.

Secured Personal Loan. The minimum you can borrow through this loan is $5,000 and the maximum is $100,000 and loan terms can vary between 1 year(s) and 7 year(s). This loan does not attract a monthly fee, you can make additional repayments without incurring penalties, you can repay the entire loan amount ahead of time. A loan establishment fee and an application fee is applicable. When it comes to making repayments, you get to choose between making weekly, fortnightly, and monthly repayments. This personal loan offers a free online redraw facility and you can make repayments via online banking, phone banking, and by visiting a branch.

Heritage Bank

Heritage-Bank
Heritage Bank is the largest customer-owned bank in Australia and has been helping Australians manage their financial needs since 1875. With a focus on putting customers first, Heritage Bank offers its Car Loan to help people buy their next set of wheels.

Car Loan. Boasting a competitive fixed rate of 8.99% p.a., this flexible secured loan can be used for the purchase of a new or used car up to five years old. The car you want to purchase is used to secure your loan of $5,000 to $100,000. Other features include the choice of a loan term between 1 year(s) and 7 year(s) and no ongoing monthly fees. You can also make repayments weekly, fortnightly or monthly, whichever option suits your budget best. An application fee of $160 applies to the loan.

Heritage Isle Credit Union Limited

Heritage-Isle-CU
A small team of Comalco employees founded Heritage Isle Credit Union in 1965. Today, it offers its services primarily to people who reside in northern Tasmania, with four branches across the Tamar Valley region. This credit union offers personal and business banking solutions, including everything from personal loans to insurance policies.
If you want to buy a car, you can apply for a Heritage Isle New Motor Vehicle Loan (for vehicles less than three years old) or a Motor Vehicle Loan (for vehicles older than three years). These loans offer fast approvals, competitive rates and the following features:

New Motor Vehicle Loan (Up to 3 years). Apply for this loan to buy a car that is up to three years old. With a rate of 9% p.a., the loan does not charge any ongoing fees, and it also gives you repayment flexibility. You can choose between making weekly, fortnightly, and monthly repayments. Extra payments and early payouts do not attract penalties and loan term can extend up to 5 year(s). This loan does not offer a redraw facility.

Motor Vehicle Loan (Older than 3 years). Through proceeds from this loan, you can buy a car that is older than three years. While features of this loan are largely similar to those offered by the new motor vehicle loan, this loan comes with a redraw facility.

Holiday Coast Credit Union

Holiday-Coast-CU
Holiday Coast Credit Union (HCCU) is dedicated to providing financial solutions to its members. With an extensive network throughout the NSW Holiday Coast and Hunter regions, this credit union can help you with the financing your needs.
If you’re after new car financing and are a HCCU member, you can choose from a New Car Variable Personal Loan or a New Car Fixed Personal Loan.
HCCU loans feature:

New Car Variable Personal Loan. This is a fully secured car loan available to new and existing borrowers that is designed for the purchase of a new car. Borrowers can use a Bill of Sale or new car as collateral for the loan and get a lowered variable rate as well as many money saving features. These features include no monthly account-keeping fees and early repayments without penalties.

New Car Fixed Personal Loan. A HCCU fixed rate car loan allows you to finance a new car purchase and get to know what your monthly repayments will be from the onset. The loan offers a competitive fixed interest rate, no monthly account-keeping fees and the ability to make early repayments without penalties. The loan is fully secured against a Goods Mortgage.

Horizon Credit Union

Horizon-CU
Horizon Credit Union began operations in 1964 and enjoyed steady growth over the following decades. Today, it offers its members an array of financial services and products, from loans and deposit accounts to insurance solutions and travel assistance.
As part of its loan offerings, Horizon Credit Union gives its members the option of taking out a New Car Loan (Fixed Rate) or a Used Car Loan. These loans offer competitive rates and flexible repayment options. Other features include:

New Car Loan. This fixed rate loan is for buying a new car, and you can expect to get up to 100% of the car’s purchase price at a 6.29% p.a. rate. This loan does not attract any monthly account-keeping fees, and it does not charge penalties if you make extra repayments or pay the loan off early. You can choose between making weekly, fortnightly, and monthly repayments and the maximum loan term can extend up to 5 year(s).

Used Car Loan. You can turn to this loan to buy a used car and repay it at a rate of 7.99% p.a. Borrow up to 100% of the car’s purchase price, and you also won’t get charged monthly fees. You also get to make extra repayments without incurring penalties.

Hume Bank

Hume-Bank
Hume Bank is a regional mutual financial institution that boasts more than 55,000 customers spread across north-eastern Victoria and south-eastern NSW. This customer-owned bank has 19 branches and offers its customers an array of financial services, including loans to buy a car.

The details of these loans are outlined below:

Unsecured Personal Loan. You can borrow a minimum a $2,000 through this loan and terms can extend up to 7 year(s). You will not be charged monthly fees or early termination fees, but the loan does attract an application fee. Repayment flexibility comes in the form of your being able to make weekly, fortnightly, or monthly repayments.

Secured Personal Loan. While the features of this loan are very similar to the features offered with the unsecured personal loan, here you have to provide security in some form, enabling you to get a lower interest rate.

Hunter United Credit Union

Hunter-United-CU
Hunter United was first formed in 1963 as the BHP (Newcastle) Employees’ Credit Union and has grown to become a community-based financial institution. The credit union has seven branches across Newcastle and the Hunter region and offers a wide range of banking solutions to its customers.
When you need funds to buy a car, Hunter United offers the Low Rate Car Loan, the Flexi Car Loan and the Used Car Loan. These offer competitive rates, flexible repayment options and a $5 monthly fee. Other loan features include:

Low Rate Car Loan. This loan gives you access to a minimum of $10,000 for the purchase of a new or used car up to three years old. The loan comes with a competitive interest rate of 7.99% p.a. and loan term of up to 6 year(s).

Flexi Car Loan. Get approved for up to to finance a car at a rate of A loan term of up to is available and you can borrow up to 100% of the car purchase price. You can also make flexible repayments and early payout without penalties.

Used Car Loan. Borrow the financing you need for the purchase of a used car at a rate of 10.45% p.a. A loan period of up to 7 year(s) is available.

HSBC Bank Australia Limited

hsbc
HSBC Bank Australia is the local arm of one of the world’s largest banking organisations. It began operations in Australia in 1965 and currently offers a wide range of financial solutions to its customers.

People looking to purchase a vehicle have the choice of using either the HSBC Personal Loan or the HSBC Premier Personal Loan. Both loans allow you to borrow between $5,000 and $50,000, with the Premier Loan only available to existing HSBC Premier customers.

HSBC Personal Loan. This loan can provide with the money you need to purchase a car. Financing is provided at a competitive rate of 11.99% p.a. and on fixed repayment terms so that you can know what your repayments will be over the entire loan term. You can borrow from $5,000 to $50,000 on a loan term of up to 5 year(s) and get to make additional payments at any time so as to reduce interest charges.

HSBC Premier Personal Loan. Existing HSBC premier customers can enjoy preferential interest rates of 11.69% p.a. on car loans. Members can borrow up to $50,000 on a fixed term of between 1 year(s) and 5 year(s) for the purchase of a new or used car. Funds are transferred to your account within a few days of approval, and you are allowed to make additional payments at any time without penalty.

IMB

IMB
Established in 1880, IMB is one of the largest building societies in Australia with over 180,000 members. With growing branches throughout Illawarra, Sydney, Melbourne and the NSW South Coast, IMB is a leading financial services provider.
If you need finance to buy a car, IMB offers a New Car Loan. Discover the features below and see if it’s right for you:

New Car Loan If you have been eyeing a new vehicle but do not have the money to buy it, you can take up this competitive IMB New Car Loan to achieve your dream of owning a new car. The loan offers rates from 6.34% p.a. and other features such as flexible payments. Loan terms are available from between 1 year(s) and 7 year(s) and there are no penalties for early repayments. IMB offers you fast approval on all car loans so that you can get the cash you need fast and drive off in your new car sooner.

Intech Credit Union

Intech-CU
Intech Credit Union began operations in 1962 and today has close to 10,000 members. Intech offers its members a wide range of financial services and products which includes loans, credit and debit cards, deposit accounts and insurance products.
Members who wish to buy new or used cars can consider applying for the New Car Loan or Used Car Loan from Intech. The competitive features of these loans are detailed below:

New Car Loan. Borrow any amount between $5,000 and $100,000 to buy a new car to repay the money within seven years. This loan offers competitive rates, attracts low set-up costs and also no ongoing fees. You get a flexible repayment period and early repayments do not attract penalties. Loan repayment insurance is optional.

Used Car Loan. Turn to this loan if you want to buy a car that is up to seven years old. In terms of features, they are in line with what’s on offer with the New Car Loan.

Laboratories Credit Union Limited

Laboratories-CU
Laboratories Credit Union (LCU) was established in 1954 and offers flexible and affordable banking and financial services to its customers. It also offers personalised customer service to improve the banking experience of members.
If you need funding to buy a car, LCU offers three options: the Green Car Loan, the New Car Loan and the No Frills Car Loan. These loans offer a range of flexible features and also allow you to borrow up to $50,000.

Green Car Loan. Purchase a new green car with a 4-star rating and you can borrow up to $50,000 with this loan. It comes with a low variable rate from 7.25% p.a. and a loan term of up to 7 year(s). No application fees are charged, and you get to make flexible early repayments without penalties.

New Car Loan. This is a competitive loan that gives you up to $50,000 to purchase a new car. The loan comes at a rate of 5.99% p.a. and a loan term of up to 10 year(s). No account-keeping fees are charged and the loan offers a free redraw facility as well as the ability to make early repayments without penalties.

No Frills Car Loan. Borrow between $5,000 and $50,000 at a competitive rate of 10.25% p.a. on a loan term of up to 5 year(s). The loan doesn’t charge application, early exit or monthly fees.

Latvian Australian Credit Co-operative Society Limited

Latvian-Australian-CU
The Latvian Australian Credit Cooperative began offering its financial services in 1960, and it now boasts assets exceeding the $16 million mark. Membership to this credit union is open to all individuals, and all you have to do is pay a nominal sum to purchase five shares. This credit union offers cheque accounts, debit cards, loans, investment products, and a bunch of other financial related services.
To buy a car, you have more than just one option, and details of your alternatives are as follows.

Motor Vehicle Loan. This loan does not attract any ongoing account-keeping fees or loan establishment fees, and offers a competitive variable interest rate of 11.45% p.a. The car you buy works in securing the loan, and you can borrow up to 60% of the car’s value.

Personal Loan. You can use apply for a personal loan and provide security through a deposit or some other means. A secured personal loan scores over its unsecured counterpart because it comes with the benefit of a lower interest rate of 5.25% p.a.

Lysaght Credit Union Ltd

Lysaght-CU
Lysaght Credit Union exists to offer affordable financial services to all employees of Bluescope Steel and associated companies as well as their family members. Members get to benefit from competitive rates on loans and savings and personalised service they can rely on.
With Lysaght, you can turn your dream of owning a car into reality with a highly flexible car loan.

Car Loan. Finance a used or new car with this competitive car loan that allows you to borrow between $500 and $25,000 for up to 7 year(s). You can easily apply for the loan at any Lysaght branch and get approved within 24 hours. The loan offers features such as no application fee, no fee for early repayments and flexible repayments deducted directly from your payroll. New car loans have a rate of 6.99% p.a. while loans for used cars more than one-year old come with a rate of 8.65% p.a.

MacArthur Credit Union Ltd.

MacArthur-CU
The MacArthur Credit Union came into effect in 1971 in the form of the Clutha Employees Credit Union. When it extended its service to residents of the MacArthur district in 1978, the current name took shape. Most of its members commonly refer to it as The Mac, and this credit union offers a variety of financial services and products.
Part of its offerings includes car loans. If you’re in need of vehicle finance, you can consider the options below:

New Car Loan. This loan does not charge any ongoing account-keeping fees, and the maximum loan term can extend up to 7 year(s). You have the option to choose between making weekly, fortnightly, and monthly repayments and you can make extra repayments or make an early payout without incurring any penalties. This loan comes with a competitive rate of 6.75% p.a. Approval of the loan is quick, and you can expect a response within one business day.

Used Car Loan. This is the loan to turn to if you plan to buy a car that is up to four years old. It offers the same features as the previous offering with a rate of 8.49% p.a.

Personal Loan If you’re looking to buy a car that is older than four years, your options include applying for a secured or unsecured personal loan.

Macquarie Bank Limited

Macquarie-Bank
Macquarie Bank first opened its doors in Sydney in 1967 and has grown to become a global financial institution with offices in over 28 countries. The bank has a diverse range of operations covering areas such as capital markets, asset finance, funds management and retail financial services.

It also offers a Car Loan with a host of unique features designed to help you own your new car sooner and enjoy plenty of rewards along the way. The Macquarie Bank Car Loan features are outlined below:

Car Loan. You can access up to $250,000 to finance a used or new car or upgrade an existing vehicle. You earn 1 Qantas point for every $1 you finance with Macquarie Bank, up to a maximum of 100,000 Qantas Points. Macquarie Bank can take the hassle out of buying a car by providing an expert consultant to negotiate with your car dealer for you. Known as Macquarie Vehicle Select, allowing you to save time and get a better deal.

Macquarie Credit Union

Macquarie-CU
Macquarie Credit Union was formed in 1964 and offers financial services to all members in the Dubbo local government area. Members get to benefit from competitive financial products, including car loans when they need financing to purchase a vehicle.
Macquarie Credit Union customers can choose from three options to help them buy a car: the New Car Loan, the New Car Loan 1-5 Years Old, and the Used Car Loan 5 Years +. These loans allow you to borrow amounts starting from $1,000 and take advantage of flexible repayment options.

New Car Loan. Purchase the new car you want with a competitive rate of 9.49% p.a. Keep costs low with no monthly account-keeping fees and also enjoy a free redraw facility. You can borrow a minimum of $1,000 for a new car purchase with a revolving option that saves you paperwork and offers flexible repayments.

New Car Loan 1-5 Years Old. This loan is designed for the purchase of used cars up to five years old. You can borrow from $1,000 for a car purchase at a rate of 10.70% p.a. while enjoying all the same features of the New Car Loan.

Used Car Loan 5 Years + Borrow the cash you need for the purchase of a used car at a rate of 13.9% p.a. The same features are offered as with Macquarie’s other two loans, including no monthly fees and a free redraw facility.

Maitland Mutual Building Society Limited

Maitland-Mutual-Building-So
The Maitland Mutual Building Society Limited, which is simply referred to as The Mutual, has served people in Maitland and the Hunter Valley since 1888. The Mutual offers its members an array of personal and business banking solutions, including everything from savings accounts to car loans.

The Mutual’s fixed rate Car Loan is designed to help customers own their next set of wheels as soon as possible.

Car Loan. You can apply for this loan to buy a new car under six years old, and the car in question works in securing the loan. The minimum you can borrow through this loan is $5,000, and the maximum is $50,000. This loan does not attract any monthly or annual account-keeping fees, and you don’t have to worry about early repayment penalties. Loan term can extend up to 7 year(s), and you have the option to make weekly, fortnightly, or monthly repayments. You can also think about getting optional loan repayment insurance.

Maleny Credit Union (MCU Ltd)

Maleny-CU
Maleny Credit Union (MCU) is dedicated to providing sustainable banking services to its members. Some of the services offered by the institution include financial planning, loans, savings and term deposits. As a credit union, MCU is owned by its members and aims to offer competitive rates, flexible repayments and lower fees.
If you’d like to buy an environmentally-friendly car, MCU offers a discounted interest rate with the Green Star Car Loan.

Green Star Car Loan. This loan was launched in 2001 to reward borrowers with discounted interest rates if they opt to finance an environmentally-friendly vehicle. Borrowers can get a minimum of $30,000 for the purchase of green cars at discounted rates from 8.55% p.a. and loan term of up to seven years. You’re able to pay weekly, fortnightly or monthly as well as make additional repayments without penalty. A free redraw facility for amounts over $2,000 is also available.

Maritime, Mining & Power Credit Union Limited

Maritime-Mining-Power-CU
Maritime, Mining & Power Credit Union (MMPCU) began operations in 1970, in the form of Waterside Workers’ of Australia Credit Union. It changed its name to Maritime Workers of Australia Credit Union in 1994, and got its current name after its merger with the Power Credit Union in 2008. While it originally offered services only to employees in the maritime industry and their family members, its membership is now open to local communities at large. It offers savings and transaction accounts, loans, business accounts, insurance solutions, and a bunch of other services.

If you’ve been thinking about applying for a loan to purchase a car, here is what they have to offer.

Secure Car Loans. You can borrow as little as $10,000 through this loan, and the age of the car should not exceed 10 years when the loan term comes to a close. A rate of will apply, as will a loan establishment fee, but you can make easily repayments without incurring penalties as well as lump sum and variable payments. In terms of making repayments, you can make them weekly, fortnightly, or monthly. This loan offers a free redraw facility and loan repayment insurance is an optional extra.

Personal Loan. To buy a used car that does not abide to the age restrictions of the Car Loan, you can consider applying for a fixed or variable rate personal loan. These loans come with a competitive rate of 14.82% p.a. and loan terms of between 1 year(s) and 7 year(s)

mecu Limited (trading as bankmecu)

bankmecu
bankmecu began operations in 1957 and it now serves more than 127,000 customers through its service centres across Victoria, NSW, the ACT, South Australia and Queensland. It offers its customers a wide range of financial services and products, including financing solutions for customers who need money to buy a car.

Customers who intend to buy a new or used car that is less than seven years old and which carries an ANCAP 5-star rating or a Greenhouse Rating of 7+ can take advantage of a discounted interest rate with the goGreen Car Loan. Customers who do not meet these criteria can instead opt for a Lifestyle Personal Loan.

goGreen Car Loan. You can choose to make repayments weekly, fortnightly or monthly and there are no monthly account-keeping fees attached to the loan. You’re able to make additional repayments and there is a $200 rebate for young drivers who complete the Advanced Driver Training Course.

Lifestyle Personal Loan. If your car purchase doesn't fit the requirements for the goGreen Car, you can take out a Lifestyle Personal Loan to make your purchase. Borrow a minimum of over a maximum loan term of

Members Equity Bank Limited (ME Bank)

ME-Bank
ME Bank aims to offer a fairer way to bank for all customers. Formed in 1994 by Australia’s leading industry super funds, ME Bank is entirely Australian owned. If you’re looking for financing to buy a car, you can choose from an ME Bank Novated Lease or Personal Loan.

Novated Lease. This is a salary package option to help you purchase your next car, allowing you to lease a new or near-new vehicle from $15,000. You can select from a single or multi-vehicle lease and terms range from one to five years.

Personal Loan. This option boasts a competitive rate of 11.99% p.a. and was awarded Money Magazine's Best of the Best Award for the Cheapest Personal Loan (Bank Category) from 2009 to 2012. The Personal Loan does not include any account-keeping or annual fees, nor does it charge any fees for extra repayments or paying off your loan early. You’re able to borrow between $5,000 and $50,000 with this loan.

My Credit Union Limited

MY-CU
Resources Credit Union, formed in 1961, came together with Industries Mutual Credit Union in 2011, leading to the formation of My Credit Union. This credit union offers its members an array of financial services and products, which include different kinds of loans, savings and deposit accounts, a variety of insurance covers, as well as financial advice.
As part of its loan offerings it gives its members the option to choose between two car loans, details of which are as follows.

New Car Loan (Secured). You can apply for this loan if you want to buy a car no older than three years, and the car works in securing the loan. The minimum you can borrow is $5,000 and you’ll pay a competitive rate of 6.49% p.a.. The maximum amount you can borrow is 100% purchase price of the car. This loan does not charge any account-keeping fees, it does not impose penalties for early payouts, and you are free to make lump sum and variable repayments. It offers a free redraw facility, and loan repayment insurance is an optional feature.

Used Car Loan (Secured). This is also a secured loan, and you can use funds from this to buy a car between three and five years old. The loan comes with a slightly higher rate of 11.85% p.a. and the maximum you can borrow is 80% of the car’s purchase value. The other features are the same as those offered by the New Car Loan.

MyState Financial

MyState
MyState Financial offers customers in Tasmania and beyond a wide range of banking solutions. MyState is trusted by over 120,000 customers and is Tasmania’s largest financial institution.
If you require financing to buy a car, compare the features of MyState’s Secured Car Loan and Unsecured Car Loan. These loans offer flexible repayment options and a number of other attractive features, outlined below:

Secured Car Loan. If you are looking for quick financing for a new or second-hand car, this loan could offer you just that. The loan is fully secured, allowing you to borrow anything from $3,000 to $75,000 for loan terms of between 1 year(s) and 10 year(s). Cars less than four years old will enjoy a rate of 7.99% p.a., while cars between four and seven years will see a rate of 9.49% p.a. applied to the loan. The loan offers flexible repayments, lump sum repayments without penalty and the option to pay out your car loan early.

Unsecured Car Loan. This is a no-fuss way to access  to  for purchasing a new or used car, caravan or motorcycle at competitive interest rates and a loan term of up to . Some of the features on this loan include flexible repayments, a redraw facility and no penalty for early loan payouts. Vehicles under four years old will have a rate of  on their associated loan, vehicles between four and seven years old will have a rate of 

Newcastle Permanent Building Society

Newcastle-Permanent
Newcastle Permanent Building Society is a long-serving financial institution with a mutual banking model that is designed to offer fair and comprehensive banking services to its members. The bank has been in existence since 1903, offering diverse financial services to suit customers’ needs.

Car / Personal loans You can access a secured, unsecured or partially secured loan for a car purchase at a competitive interest rate and get to save on interest charges by making additional repayments without penalty. You can borrow $1,000 for loan terms of between one and seven years with flexible repayment schedules and no monthly fees. Early loan repayments are also accepted with no penalty. A Newcastle car loan can either be secured or unsecured and used for the purchase of a new or used car.

Northern Inland Credit Union Limited

Northern-Inland-CU
The Northern Inland Credit Union has over four decades of experience, but it got its current name only in 1988, due to the merger of the Oxley Mutual Credit Union, the Tamworth Community Credit Union, and the Namoi Credit Union.
Amongst other financial services and products, this credit union offers three car loans, the details of which are as follows.

Standard Car Loan. You can borrow up to $100,000 at a variable rate of 8.59% p.a. You’re able to pay off the loan up to a period of seven years depending on the age of the car you buy. This loan does not attract monthly account-keeping fees, it offers flexible repayment options, and neither early payments nor early payouts attract penalties. It also offers a free redraw facility.

Fixed Rate Car Loan. You can apply for this loan to buy a car that is up to five years old for a competitive fixed rate of 7.99% p.a. The maximum you can borrow is $100,000, and maximum loan term is 7 year(s). This loan does not attract monthly fees, you can make extra repayments, and it does not offer a redraw facility.

Transactional Car Loan. This car loan doubles up as a loan and an everyday transactional savings account with a rate of 8.59% p.a. applied. It gives you greater access to your money, and your savings balance helps minimise the interest you pay on the loan. While this allows you to repay the loan faster, it also gives you the freedom to redraw should the need arise. You can borrow up to $100,000, and maximum loan term can extend up to 7 year(s) depending on how old the car you purchase is.

Nova Credit Union Limited

Nova-CU
Nova Credit Union has been offering customer-owned banking to its customers since 1964. It offers loans, savings accounts, financial planning, insurance solutions and more, and it is based in the Newcastle region of New South Wales.
Customers looking to buy a new or used car can consider Nova Credit Union’s Premium Car Loan and Used Car Loan. Available with flexible repayment options and competitive interest rates, these loans also offer:

Premium Car Loan. This loan gives you between $5,000 and $80,000 for the purchase of cars up to five years old. Enjoy a competitive interest rate and a loan period of between 1 year(s) and 7 year(s).

Used Car Loan. Buy a used car between five and ten years old with this flexible loan. You’ll be able to borrow up to $50,000 at a competitive rate and loan term of up to 5 year(s).

Orange Credit Union Limited

Orange-CU
Orange Credit Union began operations in the form of Email (Orange) Employees Credit Union in 1964, and with a few mergers down the line, it now boasts of assets exceeding $140 million and more than 16,500 members. This credit union offers typical financial services and products you might associate with a bank, which include loans, savings accounts, insurance solutions, as well as financial planning advice.
You can also turn to this credit union if you plan to buy a car, and details of its car loans are as follows.

New Car Loan. This car loan is the one to apply for if you plan to buy a new car. If you make a 20% deposit you’ll enjoy a rate of 9% p.a., while other new cars will have a loan with a 9.70% p.a. rate. This loan allows you to make weekly, fortnightly, or monthly repayments. It does not attract any account-keeping fees, and you don’t have to pay penalties if you make extra repayments or make an early payout. It offers a free redraw facility, and you can get optional loan repayment insurance.

Used Car Loan. Here, you have two options. A loan for buying a car that is up to five years old attracts a lower interest rate when compared to a loan you take to buy a car that is in between five and 10 years old. The same discounted rate offer applies if you make a 20% deposit with your loan.

People’s Choice Credit Union

People's-Choice-CU
People’s Choice is a credit union that lives up to its name, providing more than 345,000 of its members with competitive financial products and services across Australia. As a credit union, People’s Choice is run to benefit their members, and they subscribe to the Customer-Owned Banking Code of Practise. In terms of products they offer transaction accounts, home loans, credit cards, insurance, foreign currency, financial planning, as well as a car loan to help you purchase a vehicle.

Car Loan. Borrow a minimum of for a maximum term of 10 year(s). Rates are tiered depending on the amount you borrow, with lower rates for loans over $20,000 to purchase or refinance a loan for a car less than three years old, and even lower for loan amounts over $30,000. You’ll enjoy no monthly account-keeping fees and a fixed rate for the first five years of the loan term. There’s online application available as well as pre-approval that remains valid for 60 days.

Police Bank Ltd

Police-Bank
Police Bank first began operations in the 1960s as the NSW Police Credit Union. Today, it is one of the biggest financial institutions in the country, offering its members a variety of financial services and products.
If you’re looking to buy a new set of wheels, Police Bank offers three car loans: the Fixed Rate Car Loan, the Variable Rate Car Loan and the Green Rate Car Loan. These loans offer 100% finance, competitive rates and the option of pre-approval to help you shop with confidence.

Fixed Rate Car Loan. This car loan, as the name implies, comes with a fixed interest rate of 7.39% p.a., and you can apply for it to buy a new car or one that is up to five years old. You can look forward to using proceeds from this loan for 100% finance, you don’t have to pay any penalty if you pay the loan off sooner than planned. You can also use this loan for refinancing an existing car loan.

Variable Rate Car Loan. What makes this different from the previous offering is that this attracts a variable interest rate of 10.49% p.a.

Green Rate Car Loan. You can use proceeds from this loan to buy a new car or one that is up to three years old, but the car in question should come with a greenhouse rating of 6.0 or higher. The loan comes with a competitive rate of 9.69% p.a.

Police Credit Union Limited

Police-CU
Police Credit Union aims to help customers reach their financial goals by offering better banking products and services. As a member, you can access different types of personal and home loans and get help with investments, retirement planning and more.
Customers who need to buy a car can choose from the Variable Rate Car Loan and the Fixed Rate Car Loan. Each offering provides competitive rates, flexible repayment options and fast approval. The features of each loan are as follows:

Variable Rate Car Loan. You can unlock a variable rate of 6.93% p.a. and with this loan. You’ll have access to up to $30,000 for car financing at competitive rates as well as flexible repayments, fast approval and unlimited extra repayments without penalties.

Fixed Rate Car Loan. Realise your dream of getting behind the wheel of that new car with a car loan that lets you know what your repayments will be for the life of the loan. For a competitive fixed rate of 7.95% p.a., you can now stop dreaming about owning a car and get the financing you need with this loan. You will also enjoy features such as a free online redraw option, no application or monthly service fees and no penalties for early repayments.

Police Financial Services Limited (trading as BankVic)

BankVic
BankVic offers financial products to the police, health sector, public services and emergency services. This customer-owned bank provides an extensive suite of banking services to its customers, including a Car Loan designed to help you get on the road sooner.
Boasting a competitive fixed rate and minimum loan amount of $5,000, this loan does not feature any hidden fees.

Car Loan. There are no application, management or annual fees to worry about and you can make unlimited additional repayments without incurring a fee. You also have a choice of weekly, fortnightly or monthly repayments. BankVic offers different interest rates depending on whether you are buying a new car, a used car, your first car or a safe used car. Rates start at a competitive 6.99% p.a. for a new car and extend up to 8.99% p.a. for a used car.

Police & Nurses Limited (trading as P&N Bank)

PN-Bank
Police & Nurses Limited, or P&N Bank, began operations as Police & Nurses Credit Society in 1990. P&N Bank is Western Australia’s largest locally-owned bank and it offers its customers a wide range of financial services.

If you want to buy a car, P&N Bank provides the Easypay Car Loan. This loan offers a competitive variable rate, terms of between two and five years, and a minimum borrowing amount of $5,000. Other loan features include:

Easypay Car Loan. You can make additional repayments on your loan to help you pay off your debt quicker and you’ll also be able to choose from a secured or an unsecured loan to suit your needs. If you have an Easypay Plus Package (which bundles your home loan, credit card and transaction account into one) from P&N Bank, you can take advantage of a discounted interest rate on your car loan. Choose from weekly, fortnightly or monthly repayments to suit your cash flow needs. The loan comes with a variable rate of

Pulse Credit Union Limited

Pulse-CU
Pulse Credit Union merged with Melbourne University Credit Union and La Trobe University Credit Union in 2011, and now provides its services through five branches and two agencies across Victoria. It offers its members diverse financial services and products, which include transaction and savings accounts, term deposits, and different kinds of loans.
To buy a car, you can consider applying for one of its car loans:

New Car Finance. You can use proceeds from this loan to buy a new car, or one that is up to three years old. It does not attract any ongoing fees, offers flexible repayments options, and it does not charge any extra repayment fees. Phone and online banking is free, and you can get optional loan repayment cover for protection in case of unemployment or ill health.

Used Car Finance. This loan allows you to buy a car that is older than three years. While it attracts a slightly higher interest rate than the previous offering, all other features remain the same.

Qantas Staff Credit Union Limited/Qantas Credit Union

Qantas-CU
Qantas Credit Union was established in 1959 to offer a fairer way of banking to members. Since then, the union has grown to have over 90,000 members. It offers financial services similar to those offered by banks, but with competitive rates and fees. Here is a look at the car loans available :

Qantas Points Car Loan. This loan allows you to borrow anywhere from $15,000 to finance a new car purchase. The great thing about the loan is that it allows you to earn Qantas points that you can redeem for a holiday or during your travels. The loan has a fixed interest rate of 8.59% p.a. and no upfront fees.

Car Loan. If you are looking to purchase a new car up to 5 years old, this could be a suitable loan for you. Borrow from $10,000 to $100,000 for a car purchase at a rate of 7.09% p.a. on a loan rate of more than 7 year(s) with no deposit required and no early repayment fees.

QT Mutual Bank Limited

QT-Mutual-Bank
QT Mutual Bank offers loans and transaction accounts to help its customers create a better life. First formed in 1965, the bank has since looked after the financial needs of more than 350,000 Queenslanders. If you are looking for affordable financing to purchase a car, QT Mutual Bank can help with its Fixed Rate Car Loan.

Fixed Rate Car Loan. This loan can help you purchase your first car or buy that family car you have been eyeing for a while but just couldn't afford. The loan allows you to borrow from $3,000 up to $60,000 for a new or used car, with flexible repayment options to suit your income. Other loan features include no minimum deposit and an interest rate based on the age of your car. There is no monthly account-keeping fee attached to the loan and the maximum loan term is 5 year(s).

Quay Credit Union LTD

Quay-CU
Located in Sydney’s CBD, Quay Credit Union has more than four decades of banking experience and offers its members a variety of financial services and products. These include loans, credit and debit cards, transaction and savings accounts, and more.
To buy a car, new or used, or to even refinance your existing car loan, you can consider applying for a Quay Credit Union car loan. Details of your options follow.

Cars up to three years old. This loan allows you to borrow in between $10,000 and $100,000, and loan term can extend up to 7 year(s). You’ll enjoy a competitive rate of 7.95% p.a. with this loan. Quay doesn’t require you to provide a deposit, it does not charge any establishment or ongoing account-keeping fees, and it does not charge an early payout penalty. You can also make early repayments without attracting penalties, but this loan does not offer a redraw facility.

Cars three to five years old. Other than attracting a slightly higher interest rate in comparison to the previous offering — 10.95% p.a. — and the maximum loan amount limited to $50,000, features of this loan offers are largely similar to ones the previous one offers.

Queensland Country Credit Union Limited

Queensland-Country-CU
From its beginnings in 1971, Queensland Country Credit union has been helping hard-working Queenslanders get ahead and have a better life by offering a full range of competitive financial services. As well as insurance, credit cards, savings accounts and financial planning assistance, the credit union also offers financing to customers who are looking to buy a car.

Secured Personal Loan This loan can be used for the purchase of a new or used car, allowing you to borrow up to $50,000 at very competitive rates. You can use an existing vehicle to secure the loan and get an even lower interest rate and a term of up to 7 year(s). Features of the loan include no deposit requirement, flexible repayments and no penalty for extra repayments.

Eco Smart Car Loan This loan rewards you with a discounted rate for purchasing an environmentally-friendly car. You get a further discount on your interest rate if you can provide a 20% deposit. The loan has flexible repayments, a loan term of up to 7 year(s) and discount on car insurance in the first year.

Queensland Police Credit Union Limited

QPCU
The Queensland Police Credit Union began operations in 1964, and it offers all Queenslanders an array of financial products and services. As a member you can look forward to getting a savings account, a transaction account, a term deposit, a loan, and even different types of insurance covers.
This credit union offers its members multiple options through its car loan offerings, and you can apply for any of these depending on the car you wish to purchase.

New Car Loan. You can use proceeds from this loan to buy a new car at a rate of This loan does not attract any ongoing monthly fees, you can make extra repayments at any time without worrying about incurring penalties, and you can also make an early payout without penalty. In case you end up making extra repayments, you can access these funds through a free online redraw facility.

Used Car Loan. You can apply for this loan to buy a car that is up to eight years old. The interest rate that applies for cars that are up to three years old is , while cars between three and eight years old are charged at a rate of Other features are the same as those offered by the New Car Loan.

Queensland Professional Credit Union Ltd

Queenland-Professional-CU
Queensland Professional Credit Union opened in 1967 and has been providing personal loans, home investment loans and other banking solutions to the Queensland community ever since. This credit union aims to make banking friendly and convenient and also provide affordable products that can help you achieve your financial goals.
If you’re looking to buy your first car or simply upgrade from your current vehicle, Queensland Professional Credit Union’s New & Used Car Loan offers a host of competitive features.

New & Used Car Loan. The New & Used Car Loan can be used to purchase vehicles up to four years old at a rate of 8.80% p.a.. There are no monthly account-keeping fees attached to this loan and you have the ability to pay off your loan ahead of schedule. If you make additional repayments towards your loan, you can later redraw those funds if required.

Queenslanders Credit Union

Queenlanders-CU
While the history of the Queenslanders Credit Union dates back to 1959, it didn’t get its current name until 1996. It now has branches in Brisbane, Ipswich and Townsville, and it offers its members a variety of financial services and products. These include savings accounts, everyday accounts, term deposits, credit and debit cards, as well as home, business and personal loans.
If you qualify for the credit union’s Secured Personal Loan, you can use the money to buy your next car. Features of Queenslanders Credit Union’s Secured Personal Loan include:

Secured Personal Loan. This loan allows you to borrow as much as 150% of the value of the vehicle you wish to use as security. While maximum loan term is 7 year(s), it reduces to five years if the vehicle you buy is older than five years old. It does not attract any regular loan servicing fee, and extra repayments or early payouts do not attract any penalties. You can take advantage of free redraws via online or phone banking. Repayment flexibility allows you to make weekly, fortnightly, or monthly repayments and rates vary depending on the age and price of the vehicle.

Railways Credit Union Limited

Railways-CU
Railways Credit Union has been providing financial services to railway workers and their families since 1968. By offering competitive rates, personalised service and innovative products, the credit union has helped many members build stable financial futures.
Railways Credit Union offers a New Car Loan and a Used Car Loan to customers who need to finance the purchase of their next set of wheels. It also offers a free car buying service to ensure you find the right car at the best possible price. Other features of these loans are outlined below:

New Car Loan. Borrow up to $75,000 for the purchase of a car less than 12 months old. This loan allows you to finance up to 100% of the car value you want at a competitive rate of 8.89% p.a. The New Car Loan also offers features such as a quick and easy redraw option, fast approval, an option to get a top-up on your loan and no penalties for early repayments.

Used Car Loan. This loan offers financing for the purchase of cars more than 12 months old at a rate of 10.69% p.a. You can access up to 100% of the used car’s value, plus the cost of insurance. You’ll enjoy flexible features such as a redraw facility, fast approval, a top-up option and easy repayments deducted from your salary.

Royal Bank of Canada

Royal-Bank-of-Canada
RBC Royal Bank was established in 1869 and now offers its services throughout North America and the rest of the world. If you need car financing, you can choose to take up a loan to finance a car purchase straight from the dealership or through an RBC bank branch.
The bank offers a Fixed Rate Car Loan and a Variable Rate Car Loan to its customers. Terms range from one to seven years, although if you opt for dealership financing on the Fixed Rate Loan you can choose an eight-year term.

Fixed Rate Car Loan. Borrow the finances you need purchase a car and enjoy a fixed rate for the entire term of the loan. The loan offers easy and convenient repayments, early payment options and a loan term of seven years, or eight years with dealership financing. You can also opt to switch to a variable rate should interest rates drop, though this option is not available for dealership financing.

Variable Rate Car Loan. This loan offers a great way to finance a car purchase, as you can save money should interest charges fall over the course of the 7 year(s) loan term. You can also choose to revert to a fixed rate should interest rates go up.

Select Mutual Banking

Select-CU
Select Mutual Banking began operations in 1963, offerings services to employees of the Sydney County Council as well as their family members. It started providing membership to the general public in 1995, and then changed its name to Select Credit Union. After a merger in 2012, it rebranded itself as Select Mutual Banking.
This financial institution offers its members car loans, details of which are as follows.

New Car Loan. The minimum you can borrow through this loan is $10,000 to be paid back at a rate of 6.99% p.a. The maximum loan term can extend up to 7 year(s). It does not attract monthly account-keeping fees, you have the option to make variable and lump sum payments, and early repayments do not attract penalties. Repayment flexibility allows you to choose between making weekly, fortnightly, and monthly repayments. You have to pay a nominal application fee.

Used Car Loan. If you plan to buy a used car, you can consider applying for this loan. It offers a competitive interest rate of 8.69% p.a. and its features are similar to ones linked with the new car loan.

Service One Credit Union Limited

Service-One-CU
Service One Members Banking offers you a wide range of financial products that are customer-focused and competitively priced. The credit union prides itself on being a locally-owned institution providing personal and small business banking solutions for all its members.
If you want to purchase a vehicle, consider the features offered by Service One’s Fixed Rate Car Loan and Variable Rate Car Loan. Boasting competitive rates and flexible features, these loans allow you to borrow up to 100% of the vehicle’s purchase price.
Other features include:

Fixed Rate Car Loan. This is a secured loan that gives you access to the money you need for a car purchase. You can finance new or used vehicle up to three years old, at a competitive fixed rate of 8.29% p.a. for a flexible loan term.

Variable Rate Car Loan. This loan will be secured by a new car at a competitive rate of 11.4% p.a.

Shell Employees' Credit Union Limited

Shell-Emplpyees-CU
Shell Employees’ Credit Union (SECU) is customer-owned and offers a wide range of products and services to meet your day-to-day banking needs. SECU was first started to provide banking services for employees of the Shell Group of companies, but it has since expanded its membership to include business owners, employees and residents of the Camellia Business Peninsula.

SECU has many loan products to help you finance various purchases, including a Car Loan when you want to purchase a vehicle. This secured loan offers a competitive rate and the ability to borrow between $5,000 and $30,000. Other features include:

Car Loan. Get a secured car loan that suits you at a competitive interest rate of Whether you want a new or a used car, SECU can help you find a loan that suits your income and lifestyle. You can borrow $5,000 to $30,000 for a term of 1 year(s) to 5 year(s), and your loan can be pre-approved. Application are usually reviewed and approved within 24 hours. As an SECU member, you will also get car buying assistance via an arrangement with Private Fleet, allowing you to get the best deals on car purchases.

South-West Credit Union Co-Operative Limited

South-West-CU
The South-West Credit Union began operations in 1964, operating from the heart of Warrnambool. Today, it has more than 13,000 clients and 6,000 members.
As part of its diverse offerings, it gives you the option to take advantage of different car loans depending on your specific needs. Details of those options are as follows:

Rate Crusher Car Loan. Apply for this loan to buy a car that is up to five years old, and its fixed rate of ensures your repayments remain the same. The minimum you can borrow is $5,000 and the maximum stands at $70,000. Maximum loan terms can extend up to 7 year(s). This loan allows you to make variable and lump sum repayments, and it does not charge monthly fees, extra repayment or early payout penalties.

New Car Loan. You can apply for this loan to buy a car that is up to three years old for a rate of 12.05% p.a.. The minimum you can borrow through this loan is $3,000, with the other features being the same to those offered through the Rate Crusher loan.

Used Car Loan. The minimum you can borrow though this loan is , charged at a rate of If the car is in between four and nine years old you can borrow as much as $50,000, and if the car is older than nine years the maximum you can borrow is $30,000. If you’re looking to borrow for a car over nine years old, the rate is 16.05% p.a. and the maximum age depends on merit. Feature-wise, this loan is the same as the other car loans offered by this credit union.

South West Slopes Credit Union Ltd

South-West-CU
The South West Slopes Credit Union took shape in 1972, and it now has branches in Young, Cootamundra, Temora, and West Wyalong, as well as agencies in Harden and Boorowa. With more than 15,000 members under its fold, this credit union boasts capital in excess of $11.5 million. It offers its members a number of financial services and products, which include home loans, personal loans, savings accounts, financial planning advice, and insurance solutions.
If you’ve been meaning to get a loan to buy a car, you can consider applying for the secured personal loan offered by the South West Slopes Credit Union, details of which are as follows.

Secured Personal Loan. While you can use proceeds from this loan for different purposes, you can also turn to this loan to buy a car. The car works in securing the loan t give you a competitive rate of 8.5% p.a. The maximum you can borrow through this loan is $80,000 and loan term can extend up to 7 year(s). This loan does not charge any application fee or loan establishment fee, and it does not charge any early repayment fees. There are no restrictions on additional repayments, and you can make regular repayments weekly, fortnightly, or monthly.

Southern Cross Credit Union Ltd

Southern-Cross-CU
Southern Cross Credit Union is a customer-owned financial institution with 10 branches spread throughout the Northern Rivers region of NSW. This credit union gives customers access to a full range of banking, including everything from loans and savings accounts to insurance.
Southern Cross Credit Union can help you with financing to purchase your next car with a car loans that offer competitive rates, flexible features and fast approval. Take a look at the features of the loan below:

Car Loan. Finance your car at a competitive rate of 6.49% p.a. and a quick approval time ensures that you have fast access to your funds when you need them. Plus, you can make extra repayments at any time and also pay your loan off early without attracting any penalty. Loan pre-approval is offered so that you can shop for your car with confidence.

Summerland Credit Union Limited

Summerland-CU
Summerland Credit Union is a customer-owned financial institution that has been providing banking solutions to its members for 50 years. Summerland offers loans, savings and investment accounts, credit cards and many other banking services.
If you’re looking to purchase a car, Summerland provides a wide range of financing options. You can choose from the following financing options:

Car Loan. Enjoy pre-approval and flexible repayment options when you secure your loan with your newly-purchased vehicle. Repayments can be made weekly, fortnightly or monthly and you have the option of taking out a range of insurance products on top of your loan.

Personal Loan. You can also borrow money to finance a car purchase with a Summerland Personal Loan. Secure your loan for a competitive rate and enjoy fast approval and the ability to make additional and lump sum payments.

ECO Personal Loan. If you’re in the market for a hybrid motor vehicle, Summerland Credit Union has a financing option designed for your car purchase. You’ll receive a discounted rate and discounted establishment fee plus 25% of the establishment fee will be donated to a charity.

Equity Plus Personal Loan. This loan lets you use the equity in your home to borrow money and purchase a car. You’ll receive similar features to the other personal loans, including flexible repayments, pre-approval and no early repayment fees, making it a competitive option.

Suncorp Bank

Suncorp-Bank
Suncorp Bank was established in 1902 and now has more than 200 branches across the country. In addition to its range of home loans, credit cards and savings accounts, it also offers competitive options for customers looking to finance the purchase of a car.

Customers have two options for car loans with Suncorp Bank: the Unsecured Personal Loan and the Secured Car Loan.

Personal Loan - Unsecured. This loan allows you to borrow from $5,000 at a competitive interest rate of 11.99% p.a. No collateral is required to secure the loan, giving more flexibility with the car you choose to purchase. Repay the loan over a period of 1 year(s) and 7 year(s).

Secured Car Loan. Borrow money for a car less than five years old at a competitive rate of 6.99% p.a. The loan is secured using the car your purchase and offers flexible repayment options and a loan term of between 1 year(s) and 7 year(s).

Sutherland Credit Union Ltd

The-Shire-CU
Registration of this credit union took place in 1970 in the form of AAEC Employees Credit Union, and it began operations the following year. Since then, it has undergone a few important changes, and The Shire has been a trading name of the Sutherland Credit Union from 2013.
While this credit union offers most regular banking services and products, it also gives you the option to choose from different car loans.

Variable Rate Car Loan. You can turn to this loan to buy a new or used car at a rate of 8.50% p.a. and you can also use it refinance an existing car loan. This loan does not attract any ongoing account-keeping fees or early repayment penalties, and you can also make additional repayments without worrying additional charges. In addition, you can choose between making weekly, fortnightly, and monthly repayments.

Fixed Rate Car Loan. Through this loan you can buy a car that is up to five years old, and owing to its fixed rate repayments remain the same through the course of the loan. Its other features are the same as ones you’ll find in the Variable Rate Car Loan, but you’ll find a lower rate of 7.99% p.a.

Sydney Credit Union Ltd

Sydney-CU
Sydney Credit Union (SCU) aims to provide competitive financial solutions and give its customers an alternative to mainstream banks, building societies and short-term lenders. The credit union can help customers make smart financial decisions whether they are opening a savings account, looking to manage their finances better or taking out a home loan.
If you are in the market for a car loan to help you finance the purchase of your next vehicle, SCU offers the following car loan options:

New Car Loan (Fixed). This loan is available for cars up to two years old, where you’ll repay your loan at a rate of You can borrow up to to finance 100% of your car’s purchase price, and you can repay your loan over a term as long as 7 year(s).

New Car Loan (Variable). Enjoy a variable rate loan for cars up to three years old. You’ll secure a low application fee, redraw facility and the ability to make lump sum repayments with a competitive rate of 10.05% p.a.

Teachers Mutual Bank Limited

Teachers-Mutual-Bank
Teachers Mutual Bank has more than $4 billion in assets under management and looks after the financial needs of over 159,000 members. It offers its members an array of financial services and products including transaction accounts, loans, credit cards, insurance solutions and financial planning advice.

It also offers two loan options to customers looking to buy a car: the Car Loan and the Secured New Car Loan. These loans offer competitive rates and the following flexible features:

Car Loan. Apply for this loan if you wish to buy a new car, one that is up to 10 years old, or a classic that is more than 30 years old. You can also use this loan to refinance an existing car loan or to buy a motorcycle, a boat, or a towable caravan. The minimum you can borrow through is loan is $2,000, and the maximum stands at $50,000. Loan terms can extend up to 6 year(s). This loan does not charge ongoing fees, but you have to pay a nominal application fee. You’ll repay the amount you borrow at a rate of 9.95% p.a.

Secured New Car Loan. You can apply for this loan only if you wish to buy a new car, and by providing security you get a lower interest rate of 8.39% p.a. In this case maximum loan term can extend up to 8 year(s). The minimum and maximum you can borrow stand at $10,000 and $80,000 respectively. In addition to the application fee, this loan also attars a documentation fee.

The Broken Hill Community Credit Union Ltd

The-Broken-Hill-Community-C
The Broken Hill Community Credit Union began operations in 1974, and it now counts amongst the largest financial institutions in the Broken Hill region. This credit union offers its members an array of financial services and products, which include savings accounts, term deposits, home loans, personal loans, credit cards, and insurance solutions.
If you plan to buy a car, you can think about getting pre-approval on your Broken Hill Community Credit Union car loan, and if you do end up taking this loan you can take advantage of free everyday banking transactions.

Car Loan. This car loan comes with a competitive variable interest rate and flexible repayment options. It does not charge any ongoing monthly or annual account keeping fees, and you can make additional repayments. You can make an early payout without worrying about incurring any penalties. This loan comes with a redraw facility, and you can also think about getting optional loan repayment insurance. To simplify making repayments, you can set up auto repayments via your salary or bank account.

The Capricornian Ltd

The-Capricornian
The Capricornian is a credit union that has been serving the Capricorn region of Queensland for over 50 years. With eight branches across central Queensland, The Capricornian offers an array of competitive financial products and services to its customers.
If you need financing for a car purchase, The Capricornian offers Auto Loans with a range of flexible features. Two loans are available:

Auto Loan (up to three years old). Purchase a new car up to three years old and enjoy a competitive rate of 7.95% p.a. (protected). You’re able to make additional repayments without penalty and a redraw facility is available.

Auto Loan (up to eight years old). If you’re looking to purchase a used car, you can take out an Auto Loan as long as the vehicle is less than eight years old. This loan comes with a rate of 9.95% p.a. (protected) and no monthly fees are applicable.

The Rock Building Society Limited

The-Rock-Building
The Rock Building Society, based in Rockhampton, Queensland, began operations in 1967 and appeared on the Australian Stock Exchange in 1992. Its merger with MyState Limited took place in 2001, and it now operates as a wholly-owned subsidiary of MyState Limited. The Rock offers its customers an array of financial products and services, including Secured Personal Loans to finance a vehicle.
To buy a new or used car, you can think about applying for its secured personal loan, details of which are as follows:

Secured Personal Loan. This fixed rate secured loan gives you the ability to borrow any amount in between $10,000 and $75,000, depending on the car you wish to buy. Loan term can vary in between 1 year(s) and 10 year(s) and you’ll enjoy a rate of This loan offers repayments flexibility, giving you the option to choose between making weekly, fortnightly, and monthly repayments. What also helps is that you can make lump sum repayments at any time without worrying about incurring penalties. Loan protection insurance is available as an optional extra, covering your loan repayments in case of unforeseen circumstances.

The University Credit Society Limited (Unicredit)

unicredit
Unicredit is a member-owned credit union that’s been in operation for over fifty years. Their run to directly benefit their members and aim to provide a full suite of competitive financial products and services. They offer a range of transaction and savings products, insurance, and loans, which includes their competitive car loan offerings. If you’re looking to purchase a car, you can find out about the features of the two Unicredit Car Loans on offer below.

New/Demo Cars up to 1 Year Old. If your looking to purchase a new car or one that’s less than a year old, Unicredit has a loan option to consider. You’ll need a minimum 10% deposit but you’ll be able to take advantage of a competitive rate of 8.49% p.a.

Used Cars up to 5 Years Old. Looking for a car that’s a little older? Put up a 10% deposit and you can finance a vehicle that’s less than five years old. The interest rate is still a competitive 9.49% p.a.

Traditional Credit Union Limited

Traditional-CU
Traditional Credit Union (TCU) was integrated as a credit union in 1995 to offer alternative financial services to those offered by major banks. The credit union has since grown to have 11 full service branches throughout the Northern Territory, some located in remote areas to offer members an extra financial option.
TCU has flexible Personal Loans for customers who need funds to purchase a vehicle.

Personal Loan. You can borrow up to $5,000 on a first loan or up to $10,000 after clearing your first loan for a car. The maximum loan term available from TCU is 5 year(s)and all loans are unsecured, meaning you do not have to offer the car you are buying as security. Before you will be considered for a loan, your pay must go to your TCU account and you must save regularly for a period of three months.

TransComm Credit Co-operative

Transcomm-CU
The Transcomm Credit Union began operations in 1971, and this credit union now rates amongst the most successful financial services providers in Victoria. It offers its members just about every product or service you would associate with a bank, which include transaction accounts, cash management accounts, term accounts, home loans, personal loans, insurance solutions, as well as financial planning advice.
To buy a car, you can consider applying for a Transcomm Credit Union car loan.

Car Loan. You can apply for a Transcomm Credit Union car loan to buy a car that is up to seven years old, but different interest rates apply for cars up to four years old and cars in between four and seven years old. In either case, the car you buy works in securing the loan you take. Both these loan options offer competitive interest rates and flexible terms, so you can get them to suit your individual needs. To apply, you have to provide personal information, employment information, as well as details surrounding your income and expenditure.

Transport Mutual Credit Union Limited

Transport-Mutual-CU
Transport Mutual Credit Union was established in 1964 to meet the financial needs of the NSW Department of Main Roads and their families. Now offering its services to the wider transport community, the credit union gives its members a full range of savings and deposit accounts, home loans, personal loans and other banking services.
If you are looking to buy a new or used car, Transport Mutual can help you get the funds you need. They offer the following loan products:

New Car Loan. Looking to purchase a new car? This loan is offered at a variable rate of 6.54% p.a. with a free redraw facility available. You can also repay the loan early without penalty.

Green Car Loan. Purchase an energy-efficient car and you’ll be able to enjoy a competitive rate of 10.29% p.a. This rate is variable and only available for cars under two years old. You’ll also need to secure the loan with a bill of sale.

Cars older than five years. If you’re looking to purchase a used car, Transport Mutual can provide you a financing option. Borrow money for a used car purchase at a rate of 15.50% p.a. Convenient automatic repayments are available — it’s quick and easy to set up a repayment schedule from your salary or bank account.

Car loans with deposits. If you’re able to make a deposit on your car loan you can secure a discounted rate.

Victoria Teachers Limited (trading as Victoria Teachers Mutual Bank)

Victoria-Teachers-Mutual-Ba
Victoria Teachers Mutual Bank has more than 87,000 members and in excess of $1.8 billion in assets. First established in 1972, it offers flexible financial services to its members and the educational community in Australia.
It has three loan options for those looking to buy a car: the New Car Loan, Green Car Loan and Used Car Loan. Each loan provides fast access to financing, competitive rates and flexible features. Take a look at the specific features for each below:

New Car Loan. This loan lets you purchase a new car up to 12 months old. Get pre-approved for a minimum of $10,000, with no maximum, on a nine-year maximum loan term. Purchase that new car you want and get a competitive rate of 5.79% p.a. among other features, including flexible repayments as well as the ability to make additional repayments.

Green Car Loan. This loan can help you buy an environmentally-friendly car with a 5-star rating, giving you a minimum of $5,000 and no maximum amount. The loan offers a variable rate of 5.29% p.a. on a maximum 9 year(s) loan term.

Used Car Loan. Borrow from $5,000 for the purchase of a used car more than 12 months old at a competitive variable rate of 6.79% p.a. You’ll get a loan with features such as no early repayment penalties, a redraw facility and flexible repayment options.

Warwick Credit Union Ltd

Warwick-CU
Warwick Credit Union commenced operations in 1970, and has grown significantly since then. It offers its members different kinds of loans, individual and business banking accounts, insurance solutions, as well as financial planning advice.
To buy a car, you can consider applying for a Warwick Credit Union car loan, and choose from one of the below loans.

Best Rate Car Loan This loan is ideal if you wish to buy a car that is up to two years old. The minimum and maximum amounts you can borrow stand at $5,000 and $50,000, respectively. This variable rate loan attracts a nominal monthly account keeping fee. It allows you to make extra repayments and early payouts without charging penalties. You can choose between making weekly, fortnightly, and monthly repayments. Loan repayment insurance is optional.

Auto Loan Using proceeds from this loan you can buy a car that is up to five years old. Interest remains fixed for the first three years, and the minimum you can borrow is $4,000. Other features are similar to ones offered through the previously described loan.

WAW Credit Union Co-Operative Limited

WAW-CU
WAW Credit Union was formed after an amalgamation of five separate co-operative societies. It now serves over 23,000 members in north-eastern Victoria and southern New South Wales, including regions like Albury, Beechworth, Chiltern, Corryong, Lavington, Tallangatta, Walla Walla, Walwa and Wangaratta.
If you’re looking for car financing, a WAW Credit Union Personal Loan can help. The interest rate you can get depends on the age of the car you are securing your loan with, as the credit union offers better rates if the car you are buying is less than two years old. Their range of personal loans includes:

Personal Loan – Fully secured by vehicle up to two years old. Enjoy no monthly service fees and a competitive rate of 9.04% p.a. (protected rate) when you secure your loan with a vehicle up to two years old. This loan features fixed monthly repayments and you’re able to repay your loan early without penalty.

Personal Loan – Fully secured by vehicle two to five years old. If you’re looking to purchase a vehicle that is between two and five years old, you can take out this loan with WAW. A rate of 11.24% p.a. (protected) will apply. This loan also features no monthly fees, fixed repayments and no penalty if you decide to repay your loan early.

Green Loan – Electric Motor Vehicle. Buying green will see you lock in a competitive rate of 6.49% p.a. (protected) with WAW Credit Union. You can also use this loan to finance other energy-efficient purchases, such as solar electricity systems.

Wide Bay Australia Ltd

Wide-Bay-Australia
Wide Bay Australia was formed over 50 years ago and has grown to become the fourth largest building society in Australia, providing residents of Queensland and beyond with affordable banking services.
If you want to buy a new car, Wide Bay offers a choice of variable or fixed rate, loans with security to help you achieve your goal. Features of the Secured Personal Loan from Wide Bay Australia are as follows:

Secured Personal Loan. Borrow from $5,000 to $50,000 with a Secured Personal Loan and make additional repayments to help pay off your loan earlier.You have flexibility with this loan product as you have the choice of a fixed or variable rate. Keep in mind an establishment fee of $175 applies.

Woolworths Employees' Credit Union Limited

Woolsworths-Employees'-CU
The Woolworths Employees' Credit Union began operations in 1971, and membership to this credit union is limited to employees of the Woolworths (Aust) Limited group of companies as well as their immediate family members. As a member you can avail of a range of financial services and products, which include home loans, personal loans, savings accounts, term deposits, insurance covers, and financial planning advice.
You can also apply if you plan to buy a car, and details of its car loan are as follows.

Car Loan. The minimum amount this loan offers is $1,000. If you’re buying a car that is up to one year old the maximum you can borrow is $75,000, and this changes to $50,000 if the car is in between two and seven years old. Maximum loan term can extend up to six years. You can choose between making weekly, fortnightly, and monthly repayments, and you also have the option of making variable and lump sum repayments. Additional repayments and early payouts do not attract any penalties, and this loan offers a redraw facility.

Wyong Shire Credit Union Ltd

Wyong-Shire-CU
Wyong Shire Credit Union was formed in 1965 to provide equitable, secure and personal financial services to employees of Wyong Shire Council, Gosford City Council and the Central Coast Water Authority.
The credit union has grown over the years and today offers a wide variety of competitive financial services such as financial planning, personal and home loans, savings accounts and investment accounts. If you’re looking to finance a car with Wyong Shire Credit Union, they have two loans available:

New Car Loan. This loan can be used for the purchase of new cars aged up to three years old. Pre-approval is available and you can secure a loan term up to 7 year(s). The loan can help you finance up to 100% of the car’s purchase price at a rate of 9.49% p.a.

Used Car Loan. Take up this loan for the purchase of a car over three years old at a competitive interest rate of 12% p.a. No deposit is required and you can borrow up to 100% of the car’s purchase price. 7 year(s) loan terms are available.

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