A car loan with a low rate.
Certainty.
Know your rate won’t change with a low, fixed interest rate.
Borrowing options.
Borrow up to 150% of the value of your car.
Convenient.
We can approve your car loan in advance, so you can search for your car with confidence.
Flexible.
Make extra repayments on top of your regular repayments.
Benefits.
- Already have a car? Borrow money for any other purpose and use your existing car1 as security
- We can pre-approve your car loan, so you can search with confidence
- If you pay out your loan early, we won’t charge fees or penalties
- Life members – take advantage of discounted interest rates and fees2
- For new cars or cars that are less than eight years old
- Repay your car loan in up to seven years
- Access additional repayments you've made with free redraw via Internet and Mobile Banking3
- Minimum loan amount of $5,000
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services
Interest rates.
Product | Interest Rate (%p.a.) | Comparison Rate (%p.a.) |
---|---|---|
Low Rate Car Loan | 7.99% p.a | 8.37% p.a |
Fees and Charges
Fees and Charges
Loan Establishment / Variation Fee | $195 |
Security Administration Fee | $70 |
View our Fees and Charges Guide for the full details of other loan fees and service fees that may apply.
How to apply.
Looking to buy a car, motorcycle, caravan or boat? Start your loan application online. It takes 10 minutes. Hint: have details of your income, assets and expenses handy.
Speak to a Lending Specialist.
Once we receive your application, a Lending Specialist will contact you to confirm eligibility, next steps and answer any questions you may have.
Assessment & evaluation.
To assess your loan, we’ll need to verify your details and obtain supporting documents. Your Lending Specialist will advise you what is needed and keep you updated through the process.
Approval.
The most exciting stage! If your loan is approved, it’s time to sign your loan documents and drive away in the car of your dreams.
Still have questions about our car loans?
Who can apply.
This loan is available for customers aged 18 years and over. Must be an Australian citizen, permanent Australian resident or hold a Visa. If a Visa holder's income is relied upon to determine serviceability, the term of the Visa must exceed the term of the loan. Lending criteria applies.
When you acquire this product you will automatically become a member of Beyond Bank Australia and become part-owner of the bank.
Popular car loan calculators.
You might also like...
Interest rates are current as at 6 December 2023 and are subject to change.
1 Existing car must be eight years old or less.
2 Eligibility criteria and maximum benefit limits apply.
3 Minimum redraw amount is $500. Free redraw is available via Internet and Mobile Banking. Fees apply for staff-assisted redraw. An amount equivalent to the next scheduled repayment for the loan cannot be redrawn from the in-advance amount.
Please note that transfers made on Internet Banking and Mobile Banking can take up to 24 hours to process. For immediate transfers please call us on 13 25 85 or visit a branch.
*The comparison rate is based on a secured loan of $30,000 with monthly repayments 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.
All applications for credit are subject to Beyond Bank’s credit assessment criteria. Terms and conditions are available on request. Fees and charges apply. This information is available on our website at www.beyondbank.com.au/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch.
All loans are provided by Beyond Bank Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2023.