For you

Personal loans are a popular option when buying a car. Choose from a Secured Car Loan, Variable or Fixed Rate loan.  

You could also choose a Novated Lease. This is when we make a lease arrangement with your employer so you can finance a car for personal use through salary sacrifice.  

Secured Car Loan

This loan may suit you if you'd like to:
 
  • Buy a new car or one that's less than 5 years old
  • Borrow at least $10,000
  • Get a lower, fixed interest rate by using your car as security
  • Have fixed repayments for the life of the loan
  • Make up to $1,000 in extra repayments per year without a fee1

Fixed Rate Loan

This loan may suit you if you'd like to:
 
  • Borrow from $4,000 to $50,000
  • Not use your car as security
  • Have fixed repayments and a fixed interest rate for the life of the loan
  • Be able to make up to $1,000 a year in extra repayments without a fee1

Variable Rate Loan

This loan may suit you if you'd like to:
 
  • Borrow from $4,000 to $50,000
  • Not use your car as security
  • Make extra repayments without a fee
  • Be able to redraw available funds

 

Novated lease

This may suit you if you'd like to:
 
  • Lease a car through salary sacrifice
  • Have unlimited personal use of the vehicle
  • Buy the car off us at the end of the lease 

For business

Popular with businesses and business owners, our car finance options may be what you're looking for.     

Equipment loan (chattel mortgage)

This may suit you if you're looking to:
 
  • Own the asset now and pay it off
  • List your equipment as an asset on your balance sheet
  • Customise repayments with a balloon payment at the end of the agreement

 

Hire purchase

This may suit you if you're looking to:
 
  • Hire an asset from the Bank and pay it off
  • Claim potential tax benefits 
  • Customise repayments with a balloon payment at the end of the agreement

 

Finance lease

This may suit you if you're looking to:

  • Buy the car or equipment off us at a later date
  • Have flexible payment terms and no upfront deposit
  • Claim potential tax benefits

Tools & calculators  

Personal loan selector

Use our personal loan selector tool to choose between Variable, Fixed Rate or Secured.

Use selector

Repayments calculator

Understand what your repayments will be. Adjust the term and the amount to meet your budget.

Use repayments calculator

How much can I borrow?

Estimate how much you can borrow and work out the repayments at the current interest rate.

Use borrowing calculator

Things you should know

 

1 Additional repayments made on a Fixed Rate Loan are not available to be redrawn. View the Personal Loan Terms and Conditions.  

For business loans

The information on this page is for general information purposes only and has been prepared without considering your objectives, financial situation or needs. You should, before acting on the information, consider its appropriateness to your circumstances.

Applications are subject to the Bank’s normal credit approval and suitability of the asset. Fees, charges and conditions apply. Full terms and conditions will be provided with any agreement upon credit approval.

Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information.