Important disclosure
Low Rate Car Loan - Low Rate Car Loan
Winner of Best Used Car Loans, Best New Car Loans, RateCity Gold Awards 2023
Interest Rate
6.24%
p.a
Variable
Comparison Rate*
6.65%
p.a
Variable
6.24%
p.a
Variable
6.65%
p.a
Variable
Calculate your repayments for this loan
Your estimated repayment
$583
based on $30,000 loan amount for 5 years at 6.24%
Pros and cons
For Low Rate Car Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Winner of 2023 RateCity Awards
Drawbacks
- Higher than average application fee
Police Credit Union Rate Car loan overview
For Low Rate Car Loan
Details
Total repayments $35,000 | Interest rate type Variable |
Borrowing range $20k - $100m | Security type Secured |
Loan term 0 to 7 years | Secured by Vehicle |
Loan type Is Fully Drawn Advance | Repayment frequency Weekly, Fortnightly, Monthly |
Age of car | Target Market Determination Visit Police Credit Union 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 $295 | Ongoing Fee $0 |
Missed Payment Penalty $15 | Early Exit Penalty Fee $0 |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
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p.a
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