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Car Loans

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When you are in the market for a new car, or one up to three years old, we can help you with up to 100% of the purchase price.

This is the easy way to slide behind the wheel of a smart new chariot. If your car is new, or near new, it can be used as security for your loan. That means a lower rate for you. And with your finance ready and waiting, you can look the car dealer in the eye and negotiate the best deal you can get. If negotiating car prices is not your thing, we may be able to help you there too. Ask us for the details.

Choose a Product

 

 

SCU Car Loans

 

New Car Loan (Variable)

We can lend you up to 100% of the purchase price of your new car (up to 3 years old), including on the road costs.

  • Low application fee
  • Borrow 100% of the purchase price
  • Lump sum or variable repayments
  • Loan repayment insurance available

10.05% pa 1
variable interest rate

10.19% pa 2
comparison rate

Apply for a car loan

Car loan calculator
  Additional Information
New Car Loan (Variable)
Minimum amount $10,000
Maximum amount Up to 100% of the purchase price of the vehicle
Maximum age of car 3 years
Loan period Up to 7 years
Monthly, fortnightly or weekly repayments Yes
Early repayments without penalty Yes
Redraw facility Yes ($20 per redraw, minimum $100)

 

New Car Loan (Fixed)

A loan with a low fixed rate and no monthly account keeping fees.

  • Low application fee
  • Variable lump sum repayments
  • No loan interview required
  • Loan period up to 5 years

10.39% pa 3
fixed interest rate

10.53% pa 2
comparison rate

Apply for a car loan

 
  Additional Information
New Car Loan (Fixed)
Minimum amount $10,000
Maximum amount Up to 100% of the purchase price of the vehicle
Maximum age of car Up to 3 years
Loan period Up to 5 years
Monthly, fortnightly or weekly repayments Yes
Early repayments without penalty Yes
Redraw facility No
  Useful Links and Tools

Questions?

If you have any questions, please contact us Find out more about SCU car loans

1. Based on a secured variable rate loan.
2. Comparison rate based on a $30,000 loan over a term of 5 years. WARNING This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different.
3. Based on a secured fixed rate loan.

 
SCU 10.19% pa
CBA 12.02% pa
Westpac 12.36% pa

View all SCU rates

* Based on a secured variable New Car Loan. Information was sourced from each financial institutions website on 14 April 2011 and is subject to change. Terms & conditions and fees & charges apply. Comparison rate based on a $30,000 loan over a term of 5 years. WARNING This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.