NBCU New Car Loan

A competitive car loan to finance a new car or motorbike.

  • Please note that Northern Beaches Credit Union (NBCU) and Community First Credit Union (CFCU) have merged.
This is a secured variable rate car loan that can help you finance a new car or a new registrable motorbike. You can apply for a loan from $10,000 and have up to 7 years to repay.
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$295

Application Fee

From 5.34% (variable)

Interest Rate (p.a.)

6.1%

Comparison Rate (p.a.)

$60,000

Max Loan Amount

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Details

Product NameNorthern Beaches CU New Car Loan
Interest Rate (p.a.)From 5.34% (variable)
Comparison Rate (p.a.)6.1%
Interest Rate TypeVariable
Min Loan Amount$10,000
Max Loan Amount$60,000
  • Please note that Northern Beaches Credit Union (NBCU) and Community First Credit Union (CFCU) have merged.

Main points to consider with the NBCU New Car Loan

This loan is a secured variable rate car loan that is available for brand new cars or brand new registrable motorbikes. A $5 monthly fee applies and the loan comes with a variable rate of 5.34% p.a.

You're able to make extra repayments on this loan and also redraw any extra repayments you make.

Features of the NBCU New Car Loan

The following are some of the features that are included with this loan:

  • Secured loan. This is a secured loan, which means that the vehicle you purchase (a brand new car or motorbike) will be used as security for the loan.
  • Long loan terms. You can apply for a loan term between 1 year and 7 years.
  • Borrow a varied range. You can apply for a minimum of $10,000 up to a maximum of $60,000.
  • Able to make extra repayments without penalty. If you come into some extra cash, you can put it towards your car loan without being charged for it.
  • Redraw facility available. You can redraw the extra repayments that you make on your car loan without penalty, and you can access the cash when you need it.
  • Flexible repayment options. You can make weekly, fortnightly or monthly payments to tailor your repayments to your income schedule.
  • Fast approval. You can apply online and get an instant response.

Fees and charges

  • A monthly fee of $5 applies.

How to apply for the NBCU New Car Loan

To discover whether you can apply for this loan, click on "Go to Site" and ensure you meet the following:

  • Be over the age of 18
  • Have a regular income
  • Are not bankrupt
  • Be an Australian citizen or a permanent resident of Australia
  • Have no defaults on any loans, credit cards, interest-free finance or store cards in the last five years
  • Have been in your current job longer than six months

You will also need to supply the following documents and information:

  • Your personal details. This includes your current and previous addresses, a working phone number and a working email.
  • Details of your income. This includes details of your employment, your current assets and liabilities as well as information on any of your assets. This can include a home, car or any savings.

If you're in the market for a new car, consider NBCU's new car loan. Make sure you consider all of your car loan options before making a final decision.

Compare car loan providers

$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
IMB New Car Loan
4.99% (fixed)
5.34%
$2,000
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPSR fee)
$0
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
Plenti Car Loan
From 4.89% (fixed)
5.44%
$2,001
3 to 7 years
from $249 to $799
$0
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Loans.com.au - New and Dealer Used Car Loan
From 4.67% (fixed)
5.22%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
NRMA New Car Loan
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
Credit Concierge Car Loan
From 3.35% (fixed)
4.41%
$10,000
1 to 7 years
$350
$8.50
You'll receive a fixed rate of 3.35% p.a. with a comparison rate of 4.41% p.a.
Get access to over 20 providers to fund a new or used car.
Stratton Finance New Car Loan
From 3.85% (fixed)
4.05%
$10,000
3 to 7 years
$700
$8.25
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
Wisr Secured Car Loan
From 4.74% (fixed)
5.01%
$5,000
3 to 7 years
$195 for refinance and dealer sale ($245 for private sale)
$0
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.
OurMoneyMarket Car Loan
From 5.35% (fixed)
5.65%
$2,001
1 to 7 years
$250
$0
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
SocietyOne Car Loan
From 5.95% (fixed)
5.95%
$5,000
2 to 5 years
from $0 to $595
$0
You'll receive a fixed rate between 5.95% p.a. and 17.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Driva Car Loan
From 2.85% (fixed)
4.39%
$2,000
1 to 7 years
$295 (Varies by lender, starting from $295)
$10
You'll receive a fixed rate from 2.85% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
RACV New Car Loans
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% 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.
NRMA Used Car Loan
From 6.24% (fixed)
6.94%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.24% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
Heritage Bank Car Loan
4.89% (fixed)
5.53%
$5,000
1 to 7 years
$200
$5
You'll receive a fixed rate from 4.89% p.a.
Finance a new or used car up to 5 years old. Large maximum borrowing amount up to $100,000 and terms up to 7 years.
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Compare up to 4 providers

Car Loan Offers

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

You'll receive a fixed rate of 4.99% 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 Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% 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.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

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