The details shown below are for a fixed loan of at least $20,000
The details shown below are for a fixed loan between $5,000 and $19,999
Choose the version of this loan that suits you best
| Loan type | Name | Min loan amount | Max loan amount | |
|---|---|---|---|---|
| | Fixed | Fixed Rate Car Loan (Secured) | $20,000 | |
| | Fixed | Fixed Rate Car Loan (Secured) | $5,000 | $19,999 |
Loan: $20,000
Loan: $5,000 $19,999
If you’re in the market for a new set of wheels, you’re going to need a low cost car loan to help get you your dream car. The Police Credit Union Fixed Rate Car Loan features fixed rates from as low as 4.69% (4.69% comparison rate*) and no ongoing fees. This car loan was also awarded a 2021 Mozo Experts Choice Award for Best Car Loan, so you know you’re onto a winner!
One of the great things about the Police Credit Union Fixed Rate Car Loan is that it’s available to all kinds of South Australian borrowers, not just those in the police force. With competitive fixed rates starting from 4.69% (4.69% comparison rate*) for borrowers with a great credit rating and no ongoing fees, this is a car loan that can help keep your wallet happy.
You’ll also be able to make free extra repayments to your loan to help reduce your interest and redraw any of these additional repayments if you ever need them. Talk about flexibility!
However, there is a $150 upfront fee to consider, plus if you pay off your loan within the first three years, you will be charged a $250 early repayment penalty. It’s also worth mentioning that as this is a secured loan, you will need to use your new car as security against the loan.
The Police Credit Union Fixed Rate Car Loan could be a great choice for borrowers with a top notch credit score looking to lock in a low fixed rate. This car loan might also be a good pick for Aussies in South Australia looking to bank with a credit union with a customer-first attitude.
Just keep in mind that if you are thinking about paying the loan off within the first three years, you will be slapped with a $250 early repayment penalty. You’ll also need to budget for the $195 upfront fee.
| Fixed | |
| 4.69% p.a. fixed | |
| 4.96% p.a.based on $30,000 |
| $195.00 | |
| $0.00 | |
| $15.00 | |
| $0.00 | |
| $250 if loan repaid in first 3 years |
| $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.
| Fixed | |
| 6.69% p.a. fixed | |
| 6.96% p.a.based on $10,000 |
| $195.00 | |
| $0.00 | |
| $15.00 | |
| $0.00 | |
| $250 if loan repaid in first 3 years |
| $5,000.00 | |
| $19,999.00 | |
| 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.
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5.45% p.a.to 19.99% p.a.based on $30,000
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5.35% p.a.to 19.09% p.a.
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over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.49% p.a.
6.39% p.a.to 8.19% p.a.based on $30,000
over 5 years
SocietyOne
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5.95% p.a.to 10.49% p.a.
5.95% p.a.to 12.83% p.a.based on $10,000
over 3 years
Symple Loans
Personal Loan
5.75% p.a.to 25.99% p.a.
6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.49% p.a.to 20.95% p.a.
6.49% p.a.to 20.95% p.a.based on $30,000
over 5 years
Plenti
New Car Loan (Fixed)
4.89% p.a.to 8.89% p.a.
5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years
Wisr
Secured Car Loan
4.74% p.a.to 16.01% p.a.
5.01% p.a.to 16.31% p.a.based on $30,000
over 5 years
SocietyOne
Car Loan - Excellent Credit (Fixed)
5.95% p.a.to 19.99% p.a.
5.95% p.a.to 21.0% p.a.based on $10,000
over 3 years
Bank First
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5.29% p.a.
5.56% p.a.based on $30,000
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Secured Car Loan (Fixed)
6.79% p.a.
7.16% p.a.based on $30,000
over 5 years
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Used Car Loan (Fixed)
5.29% p.a.to 9.99% p.a.
5.84% p.a.to 10.56% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 17.95% p.a.
5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
over 5 years
Alex Bank
Personal Loan
5.45% p.a.to 19.99% p.a.
5.45% p.a.to 19.99% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.49% p.a.
6.39% p.a.to 8.19% p.a.based on $30,000
over 5 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
SocietyOne
Unsecured Personal Loan (Fixed)
5.95% p.a.to 10.49% p.a.
5.95% p.a.to 12.83% p.a.based on $10,000
over 3 years
Symple Loans
Personal Loan
5.75% p.a.to 25.99% p.a.
6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years
Wisr
Unsecured Personal Loan
6.49% p.a.to 20.95% p.a.
6.49% p.a.to 20.95% p.a.based on $30,000
over 5 years
