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9.99% pa
Fixed Rate

10.83% pa
Comparison Rate

Enquire OnlineBook an Appointment

Northern Inland's Smart Personal Loan helps you to purchase used cars, using the vehicle between 6-10 years old as security. You’ll have peace of mind with no surprises with our fixed rate term up to 5 years.

  • Enjoy a 1 to 5 year fixed rate term
  • Secured personal loan (any type of vehicle from 6 years to 10 years old)
  • Low establishment fee
  • Apply for pre-approval so you can shop with confidence, knowing how much you have to spend

8.99% pa
Variable Rate

9.83% pa1
Comparison Rate

Enquire OnlineBook an Appointment

This variable personal loan for used cars can be taken over 1 to 5 years depending on your circumstances. Secured by a vehicle between 6-10 years old, you’ll drive away with a competitive rate.

  • Variable rate for 1 to 5 years
  • Secured personal loan (any type of vehicle from 6 to 10 years old)
  • Low establishment fee
  • Apply for pre-approval so you can shop with confidence, knowing how much you have to spend



  Used Car Loan Variable Rate Features:
Used Car Loan - Variable Rate
Interest Rates
Variable interest rate8.99% pa
Comparison rate9.83% pa1
Fees
Establishment fee$200 
Monthly fee$8 
Features
Minimum amount$5000 
Maximum amount$100000 
Loan term5 years
Redraw facilityYes 2
Additional repayments acceptedYes 3

  Used Car Loan Fixed Rate Features:
Used Car Loan- Fixed Rate
Interest Rates
Fixed interest rate9.99% pa
Comparison rate10.83% pa4
Fees
Establishment fee$200 
Monthly fee$8 
Features
Minimum amount$5000 
Maximum amount$100000 
Loan term1 to 5 years fixed
Redraw facilityYes 2
Additional repayments acceptedYes 3

 

  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 Minimum redraw is $200

3 For Fixed Rate - make extra repayments totaling up to $10,000 over 12 months (as 2 x $5,000 lump sums) during any fixed rate period

4 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.