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New Car Variable

Personal Loans New Car Variable

Whether you're looking for your very first car, or planning to upgrade, deciding how to finance your new purchase is easy.

Interest Rate 9.70% pa
Comparison Rate 9.88% pa1

Our Variable New Car Loan can be used to finance any new vehicle from $10,000, with flexible repayment options and a competitive variable rate.

It's the perfect way to get into your new car and on the road fast!

Features
Redraw facility for advance repayments
Flexible repayment options - Pay weekly, fortnightly or monthly
Loan repayment insurance available
Flexible repayment term (12 - 60 months)
No Monthly Fees
Ability pay loan out early
Loan amounts
Borrow from $10,000 to $100,000
Repayment Options
Payroll deposit
Direct credit your salary
Electronic funds transfer
Internet transfer
Branch deposit
Flexible Repayment Options

To make budgeting easier, you can choose how often you make your repayments, i.e. weekly, fortnightly or monthly. Choosing to make your repayments weekly or fortnightly reduces the interest you pay and is an easy way to own your car sooner.

Redraw Facility

Redraw extra payments at any time.

Insurance

You never know what is around the corner, so we recommend you consider the Special Insurance Options available to Illawarra Credit Union members.

Normal lending criteria, terms and conditions, fees and charges apply. Please refer to the Credit, Fees and Charges schedule for current details on fees and charges applicable to the Variable Rate New Car Loan. 1) Interest rates are based on a loan for an amount of $30,000 secured over a term of 5 years. Warning: the comparison rate only applies to the example or examples given above. Different amounts 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. Interest rates effective 08/09/2010 and are subject to change.