Car Loan

No catches, no complexity- just fast, easy loans to finance almost any motor vehicle2 and get you moving sooner

Variable Interest Rate
From 11.49%p.a
Comparison Rate
From 11.88%p.a1

Features & Benefits

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Competitive Interest Rate
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No Monthly Service Fee
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Free Additional Repayments
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Redraw Facility Available³

Unlike a lot of car finance deals out there these days, at Regional Australia Bank we don't believe in hidden fees, charges and costs. Our Car Loans have a single competitive interest rate and no ongoing fees. They're flexible too, available for any car up to 10 years old, as well as motorbikes, caravans and even boats!

Our Car Loans also offer flexible features like unlimited additional repayments, no penalty for early payout, a redraw facility3 and terms up to 5 years. Along with a low application fee and no monthly service fees or charges, we've got just what you need to get moving!

Product Details

Interest Type
Variable
Repayment Options
Principal & Interest
Security Type
Vehicles less than 10 years old
Minimum Amount
$5,000
Maximum Term
5 years
Advance Payments
Yes
Redraw
Yes3
Repayment Frequency
Weekly, Fortnightly or Monthly
Monthly Service Fee
None
Approval Fee
$195
PPSR Check Fee (if required)
$26
Staff Assisted Redraw Fee
$103
Variable Interest Rate
From 11.49%p.a
Comparison Rate
From 11.88%p.a1

Disclaimer

1 WARNING: This comparison rate is for a secured variable rate “Car Loan” based on $25,000 over 5 years. It refers to the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate. Interest rates are on a per annum basis and are current as at 01/02/17 and are subject to change.

2 Available for purchases of vehicles less than 10 years old.

3 Minimum redraw amount is $200 and a Redraw Fee applies for staff assisted redraws.

Terms, conditions, fees, charges and normal lending criteria apply. See Fees & Charges for full details.
Please refer to the Product Details when considering if this product is right for you.
Community Mutual Ltd is the issuer of the product.