Personal Loans

Enjoy the freedom to buy a new car, take a much-needed holiday or even tackle some home renovations. 

Used Car Loan

Used Car Loan

If you’re looking to buy a pre-loved car or motorbike that’s between 1 and 5 years old, our Used Car Loan gives you a competitive interest rate and a range of great features.


interest rate



Apply online

in under 15 minutes



Our Used Car Loan features:

  • Minimum loan size $1,000, maximum $70,000
  • Loan term of up to 7 years
  • Available for cars and motorbikes between 1 and 5 years old
  • The option to make extra repayments
  • The option to pay off your loan early without penalty
  • Flexible repayment frequencies - pay weekly, fortnightly or monthly
  • The option to make repayments straight from your salary
  • Redraw facility available
  • Loan repayment insurance available
Applying for the Used Car Loan is easy. Applications can be made online,
by calling 1300 13 23 28 or by visiting your nearest branch.

Rates & Fees

Here's a summary of the rates and fees for the Used Car Loan:

  • Interest Rate: 
  • Comparison rate*: 

*Comparison rate based on a $30,000 loan over 5 years unsecured. WARNING: The comparison rate is applicable 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. 

  • Application fee: $150
  • Monthly fee: $10
  • Annual fee: $0

Additional fees, including a redraw fee and personal property security administration fee, may be payable. For more information please see our Schedule of Fees and Charges.

Download our Schedule of Fees and Charges



We get asked a lot of similar questions about our Used Car Loan, here are our most common ones. Call us on 1300 13 23 28 if you have a different question. 

Can I make extra repayments on my loan?
Yes. You can make additional repayments on your loan and reduce your overall loan term without penalty.

Can I redraw excess funds from my loan?
Yes. If you’re ahead in your repayments, the Used Car Loan allows you to redraw extra funds if needed.

How old can my car or motorbike be?
Your car or motorbike needs to be within 1 and 5 years old.

Can I choose my repayment frequency?
Yes. You can choose the repayment frequency that best suits you - weekly, fortnightly or monthly repayments.

How long do I have to pay off my loan? 
You can pay off your loan over a period of up to 7 years. If you want to pay off your loan sooner, you can also make extra repayments at no extra cost.

Interest Rate
Comparison Rate*
Redraw Facility
Minimum Amount
Maximum Amount
Loan Period
Early Repayments without Penalty
Loan Repayments from Pay
Flexible Repayment Options
Maximum Car Age

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