Important disclosure

BCU Bank

Car Loan (0-5)

Real Time Rating™

  • $4k to $150k
  • 1 to 5 years
  • New or used car
  • Variable Rate

2024 Award Winner

Interest Rate

6.49%

p.a

Comparison Rate*

6.77%

p.a

Real Time Rating™
Tags
  • $4k to $150k
  • 1 to 5 years
  • New or used car
  • Variable Rate
Interest Rate

6.49%

p.a

Comparison Rate*

6.77%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$98

based on $5,000 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

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 loans

Promoted

Lower Rate

Car Loan (Car > 5 Years)

Real Time Rating™
  • $3k to $50k
  • 1 to 5 years
  • Variable Rate
  • Secured
Interest Rate

9.74%

p.a

Comparison Rate*

9.95%

p.a

Promoted

Secured

Used Car Loan (Car < 10 Years)

Real Time Rating™
  • $1k to $80k
  • 0 to 7 years
  • Variable Rate
  • Secured
Interest Rate

10.70%

p.a

Comparison Rate*

11.35%

p.a

Promoted

Generic

New Car Loan

Real Time Rating™
  • $2k to $75k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

6.57%

p.a

Comparison Rate*

7.19%

p.a