The details shown below are for a fixed loan of at least $20,000
The details shown below are for a variable loan of at least $5,000
The details shown below are for a fixed loan of at least $5,000
Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
|
|
Fixed | Better Car Loan (Special Offer, Fixed, Secured) | $20,000 | |
|
|
Variable | Better Car Loan (Variable, Secured) | $5,000 | |
|
|
Fixed | Better Car Loan (Fixed, Secured) | $5,000 |
Loan: $20,000
Loan: $5,000
Loan: $5,000
The Police Credit Union Better Car Loan offers rates that start at a low 5.69% p.a. (5.96% p.a. comparison rate*), minimal fees and flexible repayment options. Customers can borrow anywhere from $20,000 with this loan and choose to pay it back over 1 to 5 years. Plus, Police Credit Union snagged a 2022 Mozo Experts Choice Award^ for Best Car Loan.
If a flexible low-rate loan is what you need to purchase a new car, the Police Credit Union better Car Loan has a range of features that might suit your needs.
Right now this loan has a special low-rate offer, with fixed rates starting at 5.69% p.a. (5.96% p.a. comparison rate*). And there are also minimal fees attached to this product - with no ongoing service, exit or early repayment costs to worry about.
Police Credit Union also offers a range of loan terms from 1 to 5 years and the choice of a weekly, fortnightly or monthly repayment plan. And if the option of extra repayments is what you need, customers can make additional contributions whenever they like as well as use the redraw facility if they wish to.
Despite the Police Credit Union originally only being available to those who work or worked in the Australian Police Force, it now offers products that are available to all Australian residents. So this Better Car Loan could be a good option for anyone looking for a low rate fixed car loan.
While there are no service, exit or early repayment fees, just remember to consider the upfront $195 in your budget.
|
Fixed |
|
|
5.69% p.a. fixed |
|
|
5.96% p.a.based on $30,000 |
|
$195.00 |
|
|
$0.00 |
|
|
$15.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$20,000.00 |
|
|
none |
|
|
1 Year |
|
|
5 Years |
|
|
Vehicle |
|
Weekly, Fortnightly, Monthly |
|
|
yes |
|
|
yes |
|
|
none |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.
|
Variable |
|
|
6.99% p.a.variable |
|
|
7.26% p.a.based on $30,000 |
|
$195.00 |
|
|
$0.00 |
|
|
$15.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
none |
|
|
1 Year |
|
|
7 Years |
|
|
Vehicle |
|
Weekly, Fortnightly, Monthly |
|
|
yes |
|
|
yes |
|
|
none |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.
|
Fixed |
|
|
6.69% p.a. fixed |
|
|
6.96% p.a.based on $30,000 |
|
$195.00 |
|
|
$0.00 |
|
|
$15.00 |
|
|
$0.00 |
|
|
$0.00 |
|
$5,000.00 |
|
|
none |
|
|
1 Year |
|
|
5 Years |
|
|
Vehicle |
|
Weekly, Fortnightly, Monthly |
|
|
yes |
|
|
yes |
|
|
none |
|
|
none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.
OurMoneyMarket
Low Rate Personal Loan
5.85% p.a.to 8.48% p.a.
6.47% p.a.to 8.84% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.89% p.a.to 8.69% p.a.
6.89% p.a.to 9.81% p.a.based on $10,000
over 3 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.95% p.a.to 17.95% p.a.
7.78% p.a.to 18.37% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
NAB
Personal Loan (Variable, Unsecured)
6.99% p.a.to 18.99% p.a.
7.91% p.a.to 19.83% p.a.based on $30,000
over 5 years
loans.com.au
New Car Loan - Prime Special
6.09% p.a.
6.64% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.85% p.a.to 8.48% p.a.
6.47% p.a.to 8.84% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan
6.39% p.a.to 7.49% p.a.
6.39% p.a.to 9.16% p.a.based on $10,000
over 3 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.95% p.a.to 17.95% p.a.
7.78% p.a.to 18.37% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
