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Lifestyle Loan – For Vehicles Up to 2 Years Old

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Get the new car, caravan, boat or motorcycle you want with this low rate car loan for a vehicle up to 2 years of age.1

  • Swift decision time
  • Flexible repayment options
  • No penalty for early payout
  • Redraw option available

Use our calculator to work out your repayments.

 

5.99% pa
variable interest rate

6.65% pa2
comparison rate

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Features

Lifestyle Loan - For vehicles up to 2 years old
Key Features
$0 DepositYes 
Swift Decision TimeYes
Flexible RepaymentsWeekly, fortnightly or monthly
Variable and Lump Sum RepaymentsYes
Redraw FacilityFree online redraw, minimum amount $500, $20 fee if processed manually 
Time Out OptionYes 
Early Repayment Without PenaltyYes
Loan PeriodUp to 7 years
Minimum Loan Amount$10,000 
Interest Rates
Variable Interest Rate5.99% pa
Comparison Rate6.65% pa2
Interest ChargesCalculated daily, charged monthly
Fees
Establishment Fee$200 
Monthly Fee$5 


More Information

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Questions?

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1 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.

2 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.