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  4. New Car Loan

New Car Loan

  • $1k to $150k
  • 1 to 7 years
  • Fixed Rate
  • Secured

Interest rate p.a.

7.24%

Comparison rate* p.a.

7.84%

New Car Loan

  • $1k to $150k
  • 1 to 7 years
  • Fixed Rate
  • Secured

Interest rate p.a.

7.24%

Comparison rate* p.a.

7.84%

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 New Car Loan

Benefits

  • Lower than average rate
  • Application fees ranked in the lowest 20%
  • No early exit penalty
  • Unlimited extra repayments
  • Redraw facility
  • Flexible repayment options
  • Can apply online
  • Can apply in branch

Drawbacks

  • Service fee charged
  • Limited to new cars

Queensland Country Bank Rate Car Loan overview

For New Car Loan

Details

Total repayments
Interest rate type

Fixed

Borrowing range

$1k - $150k

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

up to 3 years

Target Market Determination

Visit Queensland Country Bank Limited to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $8

Instant approval

Time to funding

N/A

Fees

Upfront fee

$120

Ongoing Fee

$5 Monthly

Missed payment penalty

$40

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Other Restrictions

New car up to 3 years old