Car Loans
At Macquarie Credit Union, we agree paying off a vehicle should not be made harder or more expensive than it needs to be.
Get the Macquarie Credit Union car loan difference
- Swift decision time: You can expect feedback on your complete application in less than 24 hours.
- Flexible repayment options: You can pay in advance and personalise your preferred payment schedule to suit your needs without penalty.
- Redraw facility: Available on all our car loans.
- No penalty for early payout: You can finish paying off your debt without being punished for doing so.
Get started today!
Car Loan Crusher
Roll you current car loan over to Macquarie Credit Union and receive a reduction of up to 2% pa off your current car loan interest rate from a different financial institution.1
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Car Loan – For vehicles up to 2 years old
Get the new car you want with this low rate car loan for a vehicle up to 2 years of age.3
6.99% pa variable interest rate 7.65% pa4 comparison rate |
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Car Loan – For vehicles up to 5 years old
Perfect for a used car purchase or refinance for a vehicle up to 5 years of age. 5
8.95% pa interest rate 9.60% pa4 comparison rate |
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Car Loan – For vehicles up to 10 years old
Designed for a used car purchase or refinance for a vehicle up to 10 years of age.6
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Rates effective 15 December 2023
More Information
Apply
Click here to Download an Application.
Questions?
If you have any questions, please contact us
Terms and Conditions
Normal lending criteria, terms and conditions, fees and charges apply.
Minimum loan amount of $10,000.
1 Normal lending criteria, terms and conditions, fees and charges apply. Up to 2% discount off current car loan at a different financial institution only. Proof of current rate required. Minimum loan amount of $10,000. For vehicles up to 7 years old. Maximum loan term 7 years. Available for new lending only, not available on re-finance of, or an increase to the limit of existing Macquarie Credit Union facilities.
2 Floor rate of 6% pa does apply. Comparison rate of 6.66% pa. Comparison rate calculated on a secured loan amount of $30,000 over a term of 5 years with monthly repayments. Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
3 Normal lending criteria, terms and conditions, fees and charges apply. Minimum loan amount of $10,000. For vehicles up to 2 years old. Maximum loan term 7 years. Available for new lending only, not available on re-finance of, or an increase to the limit of existing Macquarie Credit Union facilities.
4 Comparison rate calculated on a secured loan amount of $30,000 over a term of 5 years with monthly repayments. Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
5 Normal lending criteria, terms and conditions, fees and charges apply. Minimum loan amount of $10,000. For vehicles up to 5 years old. Maximum loan term 7 years. Available for new lending only, not available on re-finance of, or an increase to the limit of existing Macquarie Credit Union facilities.
6 Normal lending criteria, terms and conditions, fees and charges apply. Minimum loan amount of $10,000. For vehicles up to 10 years old. Maximum 7 year loan term for vehicles under 7 years old. Maximum 5 year loan term for vehicles 8-10 years old.