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  4. Better Car Loan Variable

Better Car Loan Variable

  • From $5k
  • 0 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

7.24%

Comparison rate* p.a.

7.65%

Better Car Loan Variable

  • From $5k
  • 0 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

7.24%

Comparison rate* p.a.

7.65%

Calculate your repayments for this loan

$

Your estimated repayment

$597

based on 30000 loan amount for 5 years at 7.24%

Pros and Cons

For Better Car Loan Variable

Benefits

  • Lower than average rate
  • No ongoing fees
  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Suitable for both new or used car

Drawbacks

  • Higher than average application fee

Police Credit Union Rate Car Loan overview

For Better Car Loan Variable

Details

Total repayments
Interest rate type

Variable

Borrowing range

$5k - $100m

Security type

Secured

Loan term

0 to 7 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Monthly, Fortnightly, Weekly

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