With no $175 establishment fee before 31 March, 2012^.
Excited about getting behind the wheel of a new car? Suncorp Car Loans can help get you there sooner.
- Fast approval
- Competitive interest rate of 9.75% p.a.
- Low fees and flexible terms
Calculate Your Repayments
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Remember, this is only an estimate and other factors may need to be taken into consideration. This calculator and the resulting calculations do not constitute a loan application, loan offer, or loan approval
Secured Loans vs Unsecured Car Loans
Secured Loans, like the Suncorp Bank Secured Car Loan are available if you're buying a car that is less than five years old from a dealership. We use your car as security for the loan, which means we can offer a lower interest rate for your loan. If you're after a used car that doesn't fit the above description you can apply for an unsecured personal Loan.
Features
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Fast approval |
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Fixed competitive rate |
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Low fees |
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Repayment flexibility |
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Flexible loan terms |
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Optional loan protection insurance |
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* early payout Fee applies if you repay your loan within 12 months of settlement and the term of your loan exceeds 12 months.
Secured Loans are available in Qld, NSW, ACT, SA, WA, Vic and Tas. Unsecured Car Loans are available to all Australian residents who can settle their loan at a Suncorp Bank branch.
Car Loans Interest Rates
Secured Car Loans
| Loan Type | Annual Percentage Rate | Comparison Rates* |
|---|---|---|
| Secured Car Loans $5,000 and over Personal loan interest rates can change at any time prior to a loan being funded (settlement) after which time the rate will be fixed for the Fixed Interest Period. |
9.75% p.a. |
12.04% p.a. (based upon $10,000 over 3 years) 10.34% p.a. (based upon $30,000 over 5 years) |
Rates effective 30 November 2011, but are subject to change.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Personal Loan - Unsecured
| Loan Amount | Annual Percentage Rate | Comparison Rates* |
|---|---|---|
| $5,000 and over Personal loan interest rates can change at any time prior to a loan being funded (settlement) after which time the rate will be fixed for the Fixed Interest Period. |
13.90% p.a. |
16.18% p.a. (based upon $10,000 over 3 years) 14.49% p.a. (based upon $30,000 over 5 years) |
Rates effective 8 July 2009, but are subject to change.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Fees
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Establishment Fee (financed with the loan) |
$0^ |
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Monthly fee |
$5 per month for the term of your loan. |
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PPSR (Personal Property Security Register)Fee |
Fees payable to PPSR apply.
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Stamp Duty |
Stamp Duty and government charges apply. |
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Early Payout Fee |
$300 (Payable on the day the loan is paid out, if the loan is paid out within 12 months of settlement and the term of the loan exceeds 12 months.) |
Car loan interest rates can change at any time up until you receive your money (loan settlement). Once the loan has been settled, the interest rate will be fixed for the life of the loan.
^The $175 loan establishment fee will be waived for secured car loans that are approved before 31 March 2012. Approval is not instant and is subject to Suncorp Bank’s standard lending criteria. Offer valid until 31 March 2012.