Everyone loves a new car.

Enjoy a discount rate for cars up to 2 years old and get an optional 10% off a new car insurance policy.3

6.99 % p.a.
7.24 % p.a.*
New car Loan (up to 2 years old)
Comparison Rate

Looking to buy a car? Our low rate car loans are a way to get what you want sooner.

Car Loans
Product name Interest Rate Comparison rate
Special Offer

New car Loan (up to 2 years old)

6.99 % p.a.2 Interest Rate

7.24 % p.a.* Comparison rate

Car Loan (up to 8 years old)

8.49 % p.a.^ Interest Rate

8.75 % p.a.* Comparison rate

We make car buying easier with competitive finance options and car insurance you can rely on.

Features

No monthly fees

Free online redraw

No penalty for extra repayments

No early repayment penalty

Discount rate2 for new car loans with salary credit

Optional: 10% off a new car insurance policy3

Facts

Product facts
Interest Type
Variable
Loan Purpose
Purchase of a motor vehicle. QBANK will also consider refinancing an existing debt where that debt was for the purpose of purchasing a vehicle which is used to secure the loan.
Borrowers
Individual or joint.
Minimum Loan Amount
$1,000
Maximum Loan Amount
$100,000
Maximum Loan Term
7 years
Interest Only Available
No
Security
Registered over the vehicle.
Repayment Frequency
Weekly, fortnightly or monthly.
Additional Repayments
Yes
Repayment Redraw
Yes
Loan Access
Branch, internet, mobile, telephone and BPAY.
Statement Frequency
Quarterly

Disclaimer information Expand

^ Valid for car loan applications of new lending approved after 1 November 2016.

* WARNING: This comparison rate applies only to the example above. 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. The comparison rate displayed is calculated based on a loan amount of $25,000 over a 5 year term. Terms and conditions are available on request. Fees and charges are payable. Normal lending criteria applies.

2 Valid for new lending approved after 17 July 2017 for cars less than 2 years old and is available for a limited time only. To qualify, the customer must deposit a salary credit of at least $1,500 a month into a QBANK Everyday Plus transaction account. Offer may be withdrawn at any time.

3 Offer applies to car loan applications approved after 17 July 2017. The discount applies to a new car insurance policy only and not on current or subsequent renewals.

Terms and conditions are available on request. Fees and charges are payable. Normal lending criteria applies. Interest rates current as at 17 July 2017 and is subject to change without notice.

Work out your repayments

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Car Insurance

Having a car provides us with convenience and freedom. So knowing your insurer will be there when you need it most,
is important.

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Car buying service

We make it easy with our free car buying service.

Find out more

Ready when you are

Apply online

Apply for a car loan any time online.

Apply Now

Let's talk

Speak to a friendly Banking Specialist.

13 77 28

8:45am to 4:30pm Mon-Fri

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