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- New Car Loan (NSW, ACT & QLD only)
New Car Loan (NSW, ACT & QLD only)
- 2024 Award Winner
- $5k to $100k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
5.99%
Comparison rate* p.a.
6.37%
New Car Loan (NSW, ACT & QLD only)
- 2024 Award Winner
- $5k to $100k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
5.99%
Comparison rate* p.a.
6.37%
Calculate your repayments for this loan
Your estimated repayment
$580
based on 30000 loan amount for 5 years at 5.99%
Pros and Cons
For New Car Loan (NSW, ACT & QLD only)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Winner of Best New Car Loans, RateCity Gold Awards 2024
Drawbacks
- Higher than average application fee
- Limited to new cars
Greater Bank Rate Car Loan overview
For New Car Loan (NSW, ACT & QLD only)
Details
Total repayments
$34,791
Interest rate type
Fixed
Borrowing range
$5k - $100k
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
Target Market Determination
Visit Greater 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
$275
Ongoing Fee
$0
Missed payment penalty
$6
Early exit penalty fee
$0