Macquarie Car Loan

Get access to a complimentary car-buying service with the Macquarie Car Loan.

There are car loans that offer great features to help you save, and then there’s the Macquarie Car Loan. Borrow money to finance a new or used car with Macquarie and get a loan that also comes with competitive rates and flexible features.

Product NameMacquarie Car Loan - New car, Home Owner (90 - 110% LVR) 36 - 60 months
Interest Rate (p.a.)6.42% (fixed)
Comparison Rate (p.a.)7.72%
Interest Rate TypeFixed
Min Loan Amount$10,000
Max Loan Amount$250,000

Features of the Macquarie Car Loan

  • Loan amount. Varying loan amounts are available, making the loan suitable for a wide range of vehicle purchases. You can apply for between $10,000 and $250,000.
  • Loan term. You can repay your loan over a period of 3 years to 5 years. The length of your loan term may also affect the rate you receive.
  • Macquarie Vehicle Select. Unsure of what car to buy? Macquarie offers a complimentary personal car sourcing and buying service that can help you get a better deal on a new vehicle, organise test drives as well as save you time and hassle searching for a new car.
  • Tailored loan options. Macquarie will assign a consultant to your loan account to help tailor a loan structure to suit your needs.
  • Purpose of the loan. You can use the loan to finance a new or used car. If you're buying a used car, the loan term plus the age of the car must be under 12 years combined. For example, if you have a loan term of five years, the car will need to be less than seven years old when you settle the application.

Fees

Before applying for this loan, it’s important to consider the fees and charges that apply:

  • An establishment fee of $520.
  • A monthly account keeping fee of $8.25.
  • A Personal Property Securities Register lodgement fee of $6.

How to apply for a Macquarie Car Loan

If you’re interested in applying for the Macquarie Car Loan, you can select "Go to site" above. From there, you can apply online or submit some details in order to request a callback from Macquarie. The following information will be required:

  • Your name and contact details
  • The type of finance you’re interested in
  • A preferential time for Macquarie to contact you

If you’re after a loan with flexible payment options and additional features, the Macquarie Car Loan is a good option to consider. Be sure to compare this offer to similar car loans, so you can select the best option for your needs.

Was this content helpful to you? No  Yes

Car Loan Offers

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

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

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

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

Logo for RACV New Car Loans
RACV New Car Loans

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

Logo for Stratton Finance New Car Loan
Stratton Finance New Car Loan

You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $150,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.

Ask an Expert

You are about to post a question on finder.com.au:

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

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

2 Responses

  1. Default Gravatar
    CarmelSeptember 13, 2017

    I had a car loan with esanda which was transferred to Macquarie. I paid it out at the end of last year . What I was wondering should I have been earning frequent flyers with Qantas. If so could you reimburse me the points.

    • Avatarfinder Customer Care
      JhezSeptember 13, 2017Staff

      Hi Carmel,

      Thanks for your comment.

      You earn one Qantas Point for every dollar you borrow from Macquarie Bank Car Loan and this could go up to a maximum of 100,000 points. Points are credited directly to your Qantas Frequent Flyer account after the loan is settled, so you’ll need to be a member in order to earn these points. You would be best to contact the bank to follow this up.

      Regards,
      Jhezelyn

Ask a question
Go to site