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- Queensland Country Bank
- New Car Loan (New or Demo Cars)
New Car Loan (New or Demo Cars)
- 2024 Award Winner
- $1k to $150k
- 1 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
6.24%
Comparison rate* p.a.
6.84%
New Car Loan (New or Demo Cars)
- 2024 Award Winner
- $1k to $150k
- 1 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
6.24%
Comparison rate* p.a.
6.84%
Calculate your repayments for this loan
Your estimated repayment
$389
based on 20000 loan amount for 5 years at 6.24%
Pros and Cons
For New Car Loan (New or Demo Cars)
Benefits
- Interest rates ranked in the best 20%
- Application fees ranked in the lowest 20%
- 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
- Service fee charged
- Limited to new cars
Queensland Country Bank Rate Car Loan overview
For New Car Loan (New or Demo Cars)
Details
Total repayments
$35,000
Interest rate type
Variable
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 $0
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 - Document fees apply
Promoted car loan products
New Car Loan
Real Time Rating™
- $2k to $75k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
6.57%
Comparison rate* p.a.
7.19%
Australian Credit Licence 488228
Fees & charges apply
New Car Loan
- Via broker
- $10k to $250k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.52%
up to 18%
Comparison rate* p.a.
6.95%
Australian Credit Licence 364340
Fees & charges apply
New Car Loan
- Via broker
- $10k to $300k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.29%
up to 24.99%
Comparison rate* p.a.
7.41%
Australian Credit Licence 511803
Fees & charges apply
New Car Loan - Home Owner Special
Real Time Rating™
- $5k to $150k
- 3 to 7 years
- Variable Rate
- Secured
Interest rate p.a.
6.24%
Comparison rate* p.a.
7.36%
Australian Credit Licence 395219
Fees & charges apply
Product data updated on 25 Apr 2024