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Discounted New Car Loan

SpecialPromotional rate available for car loan applications received by 30 June 2019
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Customise your loan summary by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

New Car Loan (Special) Pros and Cons

Pros:
  • Features a low rate
  • No ongoing fees
  • No early exit penalty
  • Can apply online
  • Can apply in branch
Cons:
  • Application fee charged
  • Limited to new cars
  • Requires security to be held

Bank First New Car Loan (Special) Fees and Features

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Upfront Fee
Upfront Fee
$150
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty
$20
Redraw Activation Fee
Redraw Activation Fee
$0
Repayment Type
Repayment Type
Variable
Loan Type
Loan Type
Secured
Secured by vehicle
Secured by vehicle
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat
Upfront Fee
Upfront Fee
$150
Early Exit Penalty Fee
Early Exit Penalty Fee
$0
Missed Payment Penalty
Missed Payment Penalty
$20
Redraw Activation Fee
Redraw Activation Fee
$0
Repayment Type
Repayment Type
Variable
Loan Type
Loan Type
Secured
Secured by vehicle
Secured by vehicle
Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments

Compare and review car loans with similar features

Interest Rates
Advertised Rate
Advertised Rate
6.99%
variable
Advertised Rate
7.99%
variable
Advertised Rate
9.49%
variable
Advertised Rate
Headline rate
12.69%
variable
Comparison Rate
Comparison Rate
7.91%
Comparison Rate
8.96%
Comparison Rate
10.45%
Comparison Rate
13.56%
Monthly Repayment
Monthly Repayment
$594
Monthly Repayment
$608
Monthly Repayment
$630
Monthly Repayment
$678
Total Repayments
Total Repayments
$35,640
Total Repayments
$36,480
Total Repayments
$37,800
Total Repayments
$40,680
Loan amount
Loan amount
$10k to $100k
Loan amount
$10k to $75k
Loan amount
$10k to $75k
Loan amount
$5k to $55k
Suitable For
Motorcycle
Motorcycle
Motorcycle
Motorcycle
Motorcycle
Boat
Boat
Boat
Boat
Boat
Loan Fees
Upfront Fee
Upfront Fee
$250
Upfront Fee
$200
Upfront Fee
$200
Upfront Fee
$150
Missed Payment Penalty
Missed Payment Penalty
$20
Missed Payment Penalty
$30
Missed Payment Penalty
$30
Missed Payment Penalty
$35
Redraw Activation Fee
Redraw Activation Fee
N/A
Redraw Activation Fee
$0
Redraw Activation Fee
$0
Redraw Activation Fee
$0
Loan Profile
Loan Type
Loan Type
Secured
Loan Type
Secured
Loan Type
Secured
Loan Type
Unsecured
Secured by vehicle
Secured by vehicle
Secured by vehicle
Secured by vehicle
Secured by vehicle
Available to 457 Visa Holders
Available to 457 Visa Holders
Available to 457 Visa Holders
Available to 457 Visa Holders
Available to 457 Visa Holders
Features Flexibilities
Redraw Facility
Redraw Facility
Redraw Facility
Redraw Facility
Redraw Facility
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Bank First is owned entirely by its customers, and focuses on providing them with a better banking experience.

Since 1972, Bank First has helped over 200,000 Australians with their banking needs; from managing their money and saving for a rainy day, right through to purchasing their first home and planning for retirement.

From their products through to their dedicated customer service, Bank First prides itself on putting customers first.

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