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Secured Used Car Loan (Car 2-7 Years)

B&E Personal Banking

Borrowing Amount
Loan term
Advertised Rate9.99%variable
Comparison Rate10.96%
Monthly Repayment$637
Loan amount$3k to $80k
Pros
  • No early exit penalty
  • Can apply online
  • Can apply in branch
  • Suitable for both new or used car
Cons
  • Monthly fee charged
  • Application fee charged
  • Requires security to be held

Suitable For

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat

Loan Fees

Upfront Fee
Upfront Fee$200
Ongoing Fee
Ongoing Fee$10

monthly

Early Exit Penalty Fee
Early Exit Penalty Fee$0
Missed Payment Penalty
Missed Payment Penalty$40
Redraw Activation Fee
Redraw Activation FeeN/A
Other Fees
Other FeesN/A

Loan Profile

Repayment Type
Repayment TypeVariable
Loan Type
Loan TypeSecured
Secured by vehicle
Secured by vehicle
Available to 457 Visa Holders
Available to 457 Visa Holders
View Repayment Schedule

Features Flexibilities

Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
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