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New Car Loan

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7.69% pa
Fixed Interest Rate

8.53% pa1
Comparison Rate

Enquire OnlineBook an Appointment

Enjoy the security of fixed repayments and no surprises with Northern Inland's Smart Personal Loan for new vehicles.

  • Choose to fix the rate for 1 to 5 years
  • Secured by new car up to 5 years old
  • Low establishment fee
  • Apply for pre-approval so you can shop with confidence, knowing how much you have to spend

7.69% pa
Variable Rate

8.53% pa
Comparison Rate

Enquire OnlineBook an Appointment

A flexible loan for your new vehicle, with Northern Inland's Smart Personal Loan, you will be on your way to owning the car of your dreams, simply and affordably.

  • Fast, local approval
  • Secured by new car up to 5 years old or term deposit
  • Loan term 1 to 7 years
  • Apply for pre-approval so you can shop with confidence, knowing how much you have to spend

 



  Fixed Rate New Car Loan Features:
New Car Loan- Fixed Rate
Interest Rates
Fixed interest rate7.69% pa
Comparison rate8.53% pa1
Fees
Establishment fee$200 
Monthly fee$8 
Features
Minimum amount$5000 
Maximum amount$100000 
Loan termup to 5 Years
Redraw facilityYes 2
Additional repayments acceptedYes 3

  Variable Rate New Car Loan Features:
New Car Loan - Variable Rate
Interest Rates
Variable interest rate7.69% pa
Comparison rate8.53% pa
Fees
Establishment fee$200 
Monthly fee$8 
Features
Minimum amount$5000 
Maximum amount$100000 
Loan term1 to 7 Years4
Redraw facilityYes 2
Additional repayments acceptedYes 3

 

  Additional Product Information:

 

 

Important Information:

Credit criteria and fees and charges apply. Terms and Conditions are available on application. The issuer of this product is Northern Inland Credit Union Limited. The target market determination for this product is available at nicu.com.au/disclosures.

1 This rate applies to secured loans with 5 year terms for $30,000. 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.

2 Minimum redraw is $200

3 For Fixed Rate - make extra repayments totaling up to $10,000 over 12 months (as 2 x $5,000 lump sums) during any fixed rate period

4 Term depends on security offered. Loans secured by vehicle 6-10 yrs have a loan term of 1-5 years only