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Brand New Car Loan

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3.99% pa
Variable Interest Rate

4.58% pa1
Comparison Rate

Enquire OnlineBook an Appointment

Northern Inland's Smart Personal Loan offers a special variable rate for cars, motorbikes, caravans, boats or trailers that are brand new – never been driven before. Your new car or recreational item could be yours in no time at all.

  • Loan term 1 to 7 years
  • Secured by brand new car, motorbike, etc, or a Term Deposit
  • No establishment fee
  • Apply for fast pre-approval so you can shop with confidence

3.99% pa
Fixed Interest Rate

4.58% pa2
Comparison Rate

Enquire OnlineBook an Appointment

Northern Inland's Smart Personal Loan offers a fixed rate for brand new – never been driven - vehicles.

  • Loan term 1 to 5 years
  • Secured by brand new car, motorbike, caravan, boat or trailer, or a Term Deposit
  • No establishment fee
  • Apply for fast pre-approval so you can shop with confidence

 



  Variable Rate Brand New Car Loan Features:
Brand New Car Loan
Interest Rates
Variable interest rate3.99% pa
Comparison rate4.58% pa1
Fees
Establishment fee$0 
Monthly fee$8 
Features
Minimum amount$5000 
Maximum amount$100000 
Loan term1 to 7 Years
Redraw facilityYes 3
Additional repayments acceptedYes 

  Fixed Rate Brand New Car Loan Features:
Brand New Car Loan - fixed
Interest Rates
Fixed interest rate3.99% pa
Fixed Rate Comparison Rate4.58% pa2
Fees
Establishment fee$0 
Monthly fee$8 
Features
Minimum amount$5000 
Maximum amount$100000 
Loan term1 to 5 Years
Redraw facilityYes 3
Additional repayments acceptedYes 4

 

  Additional Product Information:

 

 

Important Information:

Credit criteria and fees and charges apply. Terms and Conditions are available on application. The issuer of this product is Northern Inland Credit Union Limited. The target market determination for this product is available at nicu.com.au/disclosures.

1 This rate applies to secured loans with 5 year terms for $30,000. WARNING This comparison rate applies only to the example or examples given. 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.

2 This rate applies to secured loans with 5 year terms for $30,000. WARNING This comparison rate applies only to the example or examples given. 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.

3 Minimum redraw is $200

4 Make extra repayments totaling up to $10,000 over 12 months (as 2 x $5,000 lump sums) during any fixed rate period