Car Loan (0-5)
- 2024 Award Winner
- $4k to $150k
- 1 to 5 years
- New or used car
- Variable Rate
Interest rate p.a.
6.49%
Comparison rate* p.a.
6.77%
Car Loan (0-5)
- 2024 Award Winner
- $4k to $150k
- 1 to 5 years
- New or used car
- Variable Rate
Interest rate p.a.
6.49%
Comparison rate* p.a.
6.77%
Calculate your repayments for this loan
$
Your estimated repayment
$685
based on 35000 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
Drawbacks
- Higher than average application fee
BCU Bank Rate Car Loan overview
For Car Loan (0-5)
Details
Total repayments
$41,079
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
