Important disclosure
Calculate your repayments for this loan
Your estimated repayment
$489
based on $25,000 loan amount for 5 years at 6.49%
Pros and cons
For Car Loan (0-5)
Benefits
- Lower than average rate
- No ongoing fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Approval is instant
- Winner of Best New Car Loans, Best Used Car Loans, RateCity Gold Awards 2024
BCU Bank Rate Car loan overview
For Car Loan (0-5)
Details
Total repayments $29,342 | Interest rate type Variable |
Borrowing range $4k - $150k | Security type Secured |
Loan term 1 to 5 years | Secured by Vehicle |
Loan type Is Fully Drawn Advance | Repayment frequency Weekly, Fortnightly, Monthly |
Age of car up to 5 years | Target Market Determination Visit BCU Bank to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility redraw activation fee of $0 |
Instant approval | Time to funding N/A |
Fees
Upfront Fee $200 | Ongoing Fee $0 |
Missed Payment Penalty $25 | Early Exit Penalty Fee $0 |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Other Restrictions
Must have a bcu Access product to be eligible for this product