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My Used Car Loan
Written by Ricardo
With My Car Loan, we can lend you up to 100% of the purchase price on your used vehicle.
| Optional Insurance coverage for your repayments or vehicle | |
| No penalties for early payout or additional payments | |
| No Loan Maintenance or Account Keeping Fees | |
| Redraw facility available on variable rate loans only |
| Key Features | |
|---|---|
| Interest rate | your choice of fixed or variable rates View our interest rates |
| Minimum amount | $5,000 |
| Maximum amount | $50,000 |
| Loan period | Up to 7 years for variable rates Up to 5 years for fixed rates |
| Repayments | Monthly / Fortnightly / Weekly |
| Interest charges | Calculated daily, Charged monthly |
| Application fee | $150 |
| Early repayment without penalty | Yes |
| Redraw facility available | Yes, $5 each for redraw $500 and under Free for redraw $501 and over Not available on Fixed Rate loans |
| Loan repayment insurance available | Yes |
| Motor insurance available | Yes |
Apply
Want to get closer to driving your new car? Click on the apply now button to start your online application.
Learn More
- Learn more about the benefits of our car loan
- Review our FAQs to help you assess our loans
- Read our tips on buying a car
- View our interest rates and fees and charges
- Calculate your future payments with our simple online loan calculator
- Find out more about our free car buying service, Private Fleet
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