Car Loan

Our Discounted Personal Loan (Car Loan) gives you a low variable rate and the freedom to reduce the length of your loan by making extra repayments on your car, caravan or motorcycle. 

Key benefits of this loan

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    No monthly account fees

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    Low rate for cars, caravans or motorcycles up to 10 years old

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    Flexible repayment frequency - pay weekly, fortnightly or monthly

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    No fees for additional repayments or early payout

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    Redraw facility against your extra loan repayments

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    Green Car Loan option

Product overview

To help give you the best deal on a car loan, we've got flexible and fair finance options for both new and used cars.

As a customer-owned financial institution, our first priority is to help you. With competitive interest rates starting on loans from $20,000, no monthly fees and a fixed rate for the first five years, our Discounted Personal Loan (Car Loan) could let you drive away with a better deal. 

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Competitive interest rates

Chat to us to see what rate you qualify for
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Available for new and used cars, caravans or motorcycles

Up to 10 years old and loans over $20,000

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No monthly account fees

This means your repayments are 100% paying off your loan without worrying about monthly account fees
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Flexible repayment frequency

Pay weekly, fortnightly or monthly

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Loan term up to 10 years

Fixed rate for the first five years
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No fees for additional repayments or early payout

Enjoy flexibility with your loan
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Redraw facility

Against your extra loan repayments

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Green Car Loan option

A discounted interest rate for a green vehicle – electric cars, hybrid cars or hydrogen cars
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Pre-approval valid for 90 days

Apply online, by calling 13 11 82 or by visiting your nearest branch

Rates

Check out our Discounted Personal Loan (Car Loan) rate.
Interest rate
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Comparison rate
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Discounted Personal Loan (Car Loan)
Loan size $20,000-$120,000
Interest rate
% p.a.
Comparison rate
% p.a.
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Do some quick maths

Calculate how much your loan repayments will be, how long it will take to pay back the loan and options for making extra repayments.
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Cover you can depend on, wherever you go.

Before you drive away in your dream wheels, get covered with car insurance. Ready to make it happen?

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What you'll need

When you apply for a loan, please have the following information handy. 
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Income details
Pay slips, child support, pensions, overtime, allowances, rental income, commissions etc
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Asset information

Cash savings, value of motor vehicles, shares, bonds, property, furnishings etc

accounts
Expense details
Utility bills, rent, board, maintenance, lease payments etc 
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Any other loans or liabilities
Home loans, credit cards or other debt through buy now, pay later services  
home
Residential and employment details
Proof of residential and employment history for the past three years
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Identification documents
Current Australian driver's licence number and expiry, passport, proof of age card

Terms and fees

Personal Loan Application Fee 
$250

Monthly Administration Fee
$0 Monthly Administration Fee. Refer to our Fees & Charges document.

Lending Terms & Conditions document 
Download our Lending Terms & Conditions document

Fees & Charges document 
Download our Fees & Charges document.

Target Market Determination
Target Market Determinations for our products are available on our Target Market Determinations page.

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Need some help? We've got you covered.

Get in touch with us and we can help you get the answers you need.

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Help and support

Access forms, brochures, support articles, FAQs and more below.

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Message us securely

Log into Digital Banking to send us a secure message by clicking the link below, or by using your People First Bank App.

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Locate us

Visit us at a branch to get help with your banking.

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Talk to us

Our Customer Hub team is available to help 24/7.

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