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
$880
based on 45000 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
BCU Bank Rate Car Loan overview
For Car Loan (0-5)
Details
Total repayments
$52,816
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
Promoted car loan products
New Car Loan
Real Time Rating™
- $2k to $75k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
6.57%
Comparison rate* p.a.
7.19%
Australian Credit Licence 488228
Fees & charges apply
New Car Loan
- Via broker
- $10k to $250k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.52%
up to 18%
Comparison rate* p.a.
6.95%
Australian Credit Licence 364340
Fees & charges apply
New Car Loan
- Via broker
- $10k to $300k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.29%
up to 24.99%
Comparison rate* p.a.
7.41%
Australian Credit Licence 511803
Fees & charges apply
New Car Loan - Home Owner Special
Real Time Rating™
- $5k to $150k
- 3 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
6.24%
Comparison rate* p.a.
7.36%
Australian Credit Licence 395219
Fees & charges apply
Product data updated on 20 Apr 2024