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  4. Car Loan

Car Loan

  • $1k to $100k
  • 0 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

9.24%

Comparison rate* p.a.

9.86%

Car Loan

  • $1k to $100k
  • 0 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

9.24%

Comparison rate* p.a.

9.86%

Calculate your repayments for this loan

$

Your estimated repayment

$626

based on 30000 loan amount for 5 years at 9.24%

Pros and Cons

For Car Loan

Benefits

  • Lower than average application 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

Drawbacks

  • Service fee charged

QBANK Rate Car Loan overview

For Car Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$1k - $100k

Security type

Secured

Loan term

0 to 7 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Fortnightly, Weekly, Monthly

Age of car

5 to 10 years

Target Market Determination

Visit QPCU Limited 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

$195

Ongoing Fee

$5 Monthly

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Other Restrictions

Car age up to 10 Years old