Car loan
Interest rate
5.34% p.a.1
Comparison rate
6.10% p.a.*

Our New Car Loan is a great secured variable rate loan available for brand new cars or brand new registrable motorbikes.

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Apply online and get an instant response

Features and benefits

  • Secured variable rate car loan available for brand new cars or brand new registrable motorbikes only
  • Loan terms available from 1 to 7 years
  • Borrow from $10,000 up to $60,000
  • A low $5 monthly fee
  • Use your money your way by making extra repayments without penalty and the ability to redraw any extra repayments as you need it
  • Benefit from flexible repayment options – pay weekly, fortnightly or monthly
  • Fast approval

Eligibility

You can apply if you:
  • Are over 18 years of age
  • Have a regular income
  • Are not bankrupt
  • Are an Australian citizen or permanent resident
  • Have not had defaults on any Loans, Credit cards, Interest free finance or Store cards in the last 5 years
  • Have been in your current job longer than 6 months
 
What you may need to apply:
  • Your personal details, such as your current and previous address, phone number and email address
  • Details of your income, employment, any assets (e.g. home, car or savings) and debts (mortgages, loans and credit cards) you currently have.

 

Self employed

Community First Credit Union is able to offer loans to self employed applicants including home loans, personal loans, credit cards and overdrafts. Please note that Community First does not offer commercial lending. Find out more here.

Rates

Picture of New car loan

New car loan

Variable rate
Interest rate
5.34% p.a.1
Comparison rate
6.10% p.a.*
How to apply
You can choose to apply online, over the phone, or by visiting one of our Financial Services Stores.
Features and benefits
  • Secured variable rate car loan available for brand new cars or brand new registrable motorbikes only
  • Loan terms available from 1 to 7 years
  • Borrow from $10,000 up to $60,000
  • A low $5 monthly fee
  • Use your money your way by making extra repayments without penalty and the ability to redraw any extra repayments as you need it
  • Benefit from flexible repayment options – pay weekly, fortnightly or monthly
  • Fast approval
Eligibility
You can apply if you:
  • Are over 18 years of age
  • Have a regular income
  • Are not bankrupt
  • Are an Australian citizen or permanent resident
  • Have not had defaults on any Loans, Credit cards, Interest free finance or Store cards in the last 5 years
  • Have been in your current job longer than 6 months
 
What you may need to apply:
  • Your personal details, such as your current and previous address, phone number and email address
  • Details of your income, employment, any assets (e.g. home, car or savings) and debts (mortgages, loans and credit cards) you currently have.

 

Self employed

Community First Credit Union is able to offer loans to self employed applicants including home loans, personal loans, credit cards and overdrafts. Please note that Community First does not offer commercial lending. Find out more here.

Rates
Picture of New car loan

New car loan

Variable rate
Interest rate
5.34% p.a.1
Comparison rate
6.10% p.a.*
Credit eligibility criteria, terms & conditions, fees & charges apply.
1 Rate is current as at 01/05/17 and subject to change without notice. 

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