New Wheels Car Loan
New Wheels Car Loan
Our New Wheels Car Loan offers a competitive variable interest rate for cars up to 5 years old. This is a great way to save on near new cars with our special offer.
7.25 % pa
7.29 % pa
No redraw fees
No ongoing fees
Early repayment options without penalty
Variable and lump sum repayments
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What documents do I need?
Evidence of Income:
Copy of 2 current pay slips or a letter from your employer stating commencement date and salary details
If your pay is not currently deposited to an LCU account, please supply 3 months' of complete bank statements
Proof and source of other income
If self-employed please provide full financial statements and tax assessments for the last 2 years and current figures no more than 3 months old
A copy of a recent rental lease or bank statements showing receipt of rent.
Evidence of Commitments:
Statement of your home and/or other loans
A copy of a recent rental lease or if boarding, a letter from the owner
Latest 3 months' of statements for all credit cards and store cards
Rates are subject to change. Please refer to our rates and fees page .
1 Comparison rates are calculated on a secured loan amount of $30,000 over a term of 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..
New Wheels Car Loan Interest Rates Variable Interest Rate 7.25 % pa Comparison Rate 7.29 % pa Features Redraw Facility Available Maximum Amount $50,000 Automatic Deposits (salary / account) Yes Minimum Amount $ 1,000 Loan period up to 7 years Repayments Weekly, fortnightly or monthly Early repayments without penalty Yes Fees Annual Fee $ 0 Monthly Fee $ 0 Redraw Fee $ 0
Your needs and financial circumstances have not been taken into account. Terms, conditions and Lending criteria apply and are available on application. Other fees and charges may apply. Please review our Account & Access Facility - Terms of Conditions & Schedule of Fees & Charges before acquiring any products.
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