Important disclosure

Greater Bank

New Car Loan

Real Time Rating™

  • $5k to $100k
  • 1 to 7 years
  • Fixed Rate
  • Secured

2024 Award Winner

Interest Rate

5.99%

p.a

Comparison Rate*

6.37%

p.a

Real Time Rating™
Tags
  • $5k to $100k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

5.99%

p.a

Comparison Rate*

6.37%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$913

based on $30,000 loan amount for 3 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

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

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

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New Car Loan

  • Via broker
  • $10k to $250k
  • 1 to 7 years
  • Fixed Rate
Interest Rate

From

6.52%

p.a

up to 18%

Comparison Rate*

From

6.95%

p.a

Promoted

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New Car Loan

  • Via broker
  • $10k to $300k
  • 1 to 7 years
  • Fixed Rate
Interest Rate

From

6.29%

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up to 24.99%

Comparison Rate*

From

7.41%

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Promoted

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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