Fixed Rate Car Loan

Buying a car can be very exciting. There is so much to think about – your budget, your financial situation, financing options, insurance, new vs used, along with type of car and model.

So whether it’s your first time buying a car or time to upgrade your existing car, drive away your dream car without breaking the budget with our Fixed Rate Car Loan. Borrow up to $150,000 for a new or used car and lock in a fixed interest rate for up to 7 years.

Flexible repayment options including weekly, fortnightly, or monthly repayments
No monthly loan fees
Flexibility to make extra repayments

Vehicles up to 5 years old

7.99 % p.a. Interest rate 8.27 % p.a. Comparison rate

Car Loan Rates	Interest rate	Comparison rate
Vehicles up to 5 years old	7.99% p.a.	8.27% p.a.
Vehicles over 5 years old	9.99% p.a.	10.28% p.a.

Product Features:

Car Loan Features
Minimum loan amount :	$1000
Maximum loan term :	7 years
Interest charges :	Calculated daily, charged monthly
Repayment type :	Principal & Interest
Repayment frequency :	Weekly, fortnightly or monthly
Extra repayments :	Unlimited
Establishment fee :	$200
Monthly loan fee :	$0
Early termination fee :	$0
Redraw :	Yes
In principle approval :	Yes
Increase/top up :	Yes

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Updated terms and conditions – March 2025

Relief for members impacted by Tropical Cyclone Alfred

^National Car Search (Australia) Pty Ltd ABN 51 090 920 059 (NCSA) services are for new cars only and are not available in Tasmania or NT. Limited service provided in WA. NCSA is an independent entity and Unity Bank cannot accept liability for NCSA’s services. *This is a NCSA average and not a guarantee. The offer can be withdrawn at any time without notice.

Footnotes:

¹ Eligibility criteria, terms & conditions and fees & charges apply.
² Comparison rate based on secured $30,000 loan over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
³ New separate interest rate tier for Fixed Rate Car Loans where the security is over 5 years old.
⁴ Minimum redraw amount of $100 applies.