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Car Loans

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Car Loan Want to buy a new or used car?

Rates current as at 1st June 2017

With a Transport Mutual Car Loan you can be driving away in no time.

Car Loan Benefits

  • Great Interest Rate
  • Flexible - choose a repayment term that suits you.
  • Variable and lump sum repayments.
  • Early repayment without penalty.
  • Free redraw facility available.
  • Loan repayment insurance available.
  • Motor insurance available.
  • Convenient automatic repayments (salary / account).
  • No loan interview.

From 6.54% pa
interest rate

From 6.82%pa*
comparison rate

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  Car Loan Rates
Loan Type Interest Rate Comparison Rate
New Car Loans from 6.54% pa from 6.82% pa
Exclusive Car Loan Offer (1-5 years) 7.64% pa 7.92% pa
Cars older than 5 Years 15.25% pa 15.48% pa

Comparison rates based on secured loans of $30,000 over 5 years.

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. A comparison rate schedule is available at any Credit Union branch.


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