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Car Loans

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Whether you’re looking for a new car, a used car or simply looking to refinance your existing car loan to a better deal, Northern Beaches Credit Union has the right car loan for you.

New Car Loan

Our secured variable rate New Car loan is available to Members who want to finance brand new cars or brand new registrable motorbikes whilst receiving a rate similar to a home loan.

  • Low $5 monthly fee
  • No penalty for additional repayments
  • Redraw available with no minimum redraw amount
  • Loan terms of 1-7 years
  • Loan amounts from $10,000

5.34% p.a*
interest rate


6.10% p.a **
comparison rate

 

  Additional Information
FEATURES

Variable New Car Loan

Loan amounts Minimum of $10,000 
Loan period 1 to 7 years
Repayments Weekly, fortnightly or monthly
Interest charges Interest calculated daily, debited to loan monthly in arrears
Establishment Fee $295
Account keeping fees $5 per month
Lump some repayments Yes
Loan Repayment Insurance available Yes
Motor Vehicle Insurance available Yes 
Redraw facility Yes - no minimum amount
Early repayment penalty No

 

Car Loan (for cars up to 3 years old)

Our secured fixed rate Car Loan features a low monthly fee, a redraw facility and fast approval so you can purchase your car sooner. This loan is for brand new cars, brand new registrable motorbikes, or cars that are up to 3 years old.

  • Low $5 monthly fee
  • Ability to make extra repayments
  • Redraw available with no minimum redraw amount
  • Loan terms of 1-5 years
  • Loan amounts from $10,000

7.99% p.a*
interest rate

8.76% p.a**
comparison rate

 

  Additional Information
FEATURES Fixed Car Loan
Loan amounts Minimum $10,000
Loan period 1-5 years
Repayments Weekly, fortnightly or monthly
Interest charges Interest calculated daily, debited to loan monthly in arrears
Establishment Fee $295
Account keeping fees $5 per month
Lump sum repayments Yes
Loan Repayment Insurance available Yes
Motor Vehicle Insurance available Yes
Redraw facility Yes - no minimum
Early repayment penalty Yes, $10 per month for the remaining of the term

 

Used Car Loan

Our Used Car loan features no monthly fees, a redraw facility and fast approval so you can purchase your car sooner. 

  • No monthly account keeping fees
  • No penalty for additional repayments
  • Redraw available with no minimum amount
  • Loan terms of 1-5 years
  • Loan amounts from $5,000

13.49% p.a*
interest rate from

13.78% p.a**
comparison rate from

 

  Additional Information
FEATURES Used Car Loan
Loan amounts Minimum $5,000
Loan period 1 to 5 years
Repayments Weekly, fortnightly or monthly
Interest charges Interest calculated daily, debited to loan monthly in arrears
Application Fee $195
Account keeping fees Nil
Lump sum repayments Yes
Loan Repayment Insurance available Yes
Motor Vehicle Insurance available Yes
Redraw facility Yes - no minimum amount
Early repayment penalty No

 

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Questions?

If you have any questions, please contact us Enquire now

 

 

Terms and conditions, fees and charges apply – details available on application. All loans subject to lending guidelines. *Rates are current as at 24/06/2016 and subject to change without notice. **Comparison rate is calculated on a loan amount of $30,000 over 5 years. ^Comparison rate is calculated on a loan amount of $10,000 over 3 years. WARNING: The comparison rate is true only for the example or examples given. Different amount and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. 

Our New Car Loan and New Car Loan up to 3 years are not available for refinances from existing NBCU or CFCU car loans. A fee of $250 is charged to non credit union members - fees apply to vehicle purchased at Government auctions.

Please consider the relevant product Conditions of Use available on this website. You should read and consider these Terms and Conditions when deciding to use any product