Bank of Queensland car loan reviews

Bank of Queensland
Bank of Queensland's overall rating for car loans

(as rated by the Mozo community)

6.6 / 10

based on 21 reviews

Price

Features

Customer service

Convenience

Trust

Featured car loan from Bank of Queensland

Recent Bank of Queensland car loan reviews

Bank of Queensland

Bank of Queensland car loan review

Overall rating   8 / 10

Good value and easy process with realistic advice.

Easy process and in branch staff at Sanctuary Cove were excellent.

Full review

Easy process and in branch staff at Sanctuary Cove were excellent.

    Price   7 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Jack, Queensland, reviewed almost 3 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   0 / 10

Rivals loan sharking

Going into 7 years to pay off a $30,000 car loan, yes folks I am paying back $14600 in interest charges. It is disgusting. I wish I did my homework better but I just trusted them, what a mistake.

Full review

Going into 7 years to pay off a $30,000 car loan, yes folks I am paying back $14600 in interest charges. It is disgusting. I wish I did my homework better but I just trusted them, what a mistake.

    Price   2 / 10

    Features   2 / 10

    Customer service   0 / 10

    Convenience   1 / 10

    Trust   0 / 10

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Roly, Western Australia, reviewed almost 4 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   5 / 10

Pretty good

The loan is only new but the interest rate was very low at 4.85% Looks good so far

Full review

The loan is only new but the interest rate was very low at 4.85% Looks good so far

    Price   9 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   5 / 10

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Boyd , , reviewed almost 4 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   7 / 10

Grate bank to work with

Boq is the best I was in trouble and they helped me get my car for my 3 kids thank you very much

Full review

Boq is the best I was in trouble and they helped me get my car for my 3 kids thank you very much

    Price   5 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   5 / 10

    Trust   8 / 10

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Nathan, , reviewed almost 4 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   10 / 10

smart and human

Friendly and knowledgable

Full review

Friendly and knowledgable

    Price   8 / 10

    Features   10 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Tegan, Queensland, reviewed almost 4 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   5 / 10

Overall good

Sometimes customer service can be impolite

Full review

Sometimes customer service can be impolite

    Price   4 / 10

    Features   2 / 10

    Customer service   3 / 10

    Convenience   3 / 10

    Trust   4 / 10

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Nigel, , reviewed almost 4 years ago

Bank of Queensland

Bank of Queensland Car Loan (Fixed, Secured) car loan review

Overall rating   1 / 10

Like all banks!

Even though you have traded with this bank for 25 problem free years, once you are 60+ years of age they don't want to know you. Got my loan at a better price elsewhere.

Full review

Even though you have traded with this bank for 25 problem free years, once you are 60+ years of age they don't want to know you. Got my loan at a better price elsewhere.

    Price   6 / 10

    Features   3 / 10

    Customer service   2 / 10

    Convenience   8 / 10

    Trust   4 / 10

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Regnald, Queensland, reviewed almost 4 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   9 / 10

Great prices and great customer service

This was the cheapest repayment with all the banks in my area and that's why I chose them. They have been really good and I havnt had any hidden fees come out unlike some other banks!

Full review

This was the cheapest repayment with all the banks in my area and that's why I chose them. They have been really good and I havnt had any hidden fees come out unlike some other banks!

    Price   7 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   5 / 10

    Trust   10 / 10

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Name not supplied, New South Wales, reviewed about 5 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   10 / 10

Helpful top service

Helpful top service.

Full review

Helpful top service.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Name not supplied, Queensland, reviewed about 5 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   4 / 10

Bank of Queensland is not small business friendly.

We have been customers with Bank of Queensland for over 10 years. We are small business owners and have used Bank of Queensland for leasing purposes in the past and found the process simple. But when it came to a Car Loan, the process was very...

Full review

We have been customers with Bank of Queensland for over 10 years. We are small business owners and have used Bank of Queensland for leasing purposes in the past and found the process simple. But when it came to a Car Loan, the process was very limiting for a business owner. The policies put in place by BOQ do not allow for countbacks on the balance sheet. I was disappointed.

    Price   6 / 10

    Features   6 / 10

    Customer service   3 / 10

    Convenience   8 / 10

    Trust   5 / 10

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Andrea, Queensland, reviewed over 5 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   5 / 10

Average - no give whatsoever

When one takes out a product such as this, the interest rate is fixed and does not come down with the general rate and that is very unfair. The lenders are making so much profit from these loans!

Full review

When one takes out a product such as this, the interest rate is fixed and does not come down with the general rate and that is very unfair. The lenders are making so much profit from these loans!

    Price   3 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   6 / 10

    Trust   5 / 10

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Pamela, Queensland, reviewed almost 6 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   8 / 10

very good service

I highly recommend an equipment finance arrangement your also ahead in life.

Full review

I highly recommend an equipment finance arrangement your also ahead in life.

    Price   10 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   9 / 10

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Deniz, Queensland, reviewed almost 6 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   9 / 10

Brilliant customer service coupled great rates.

Every time we have dealt with Bank of Queensland, not only the manager but staff know us by name, we can call and speak to them anytime, no 13 numbers and waiting in auto queues, direct numbers are given to us. Rates competitive and branch has...

Full review

Every time we have dealt with Bank of Queensland, not only the manager but staff know us by name, we can call and speak to them anytime, no 13 numbers and waiting in auto queues, direct numbers are given to us. Rates competitive and branch has flexibility to approve certain loans. Very happy with the overall experience with BOQ, out of all the banks I have ever dealt with, this bank is undoubtedly the best overall. Would recommend to anyone.

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Fiona, Queensland, reviewed over 6 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   10 / 10

Great customer service and bank manager experience

BOQ branch in Mackay were second to none. They helped me work out what i could afford and the best options and rates that were best for me. The staff were very helpfull to me. BOQ stands out for me because you actually get the on on one experience...

Full review

BOQ branch in Mackay were second to none. They helped me work out what i could afford and the best options and rates that were best for me. The staff were very helpfull to me. BOQ stands out for me because you actually get the on on one experience with th branch manager, they make you feel important.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Robert, Queensland, reviewed over 6 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   8 / 10

This bank has helped us finance our door to door delivery fleet over and over again. They are always straight forward and helpful beyond our expectations!

Full review

This bank has helped us finance our door to door delivery fleet over and over again. They are always straight forward and helpful beyond our expectations!

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Mary, Western Australia, reviewed over 6 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   8 / 10

I work for QLD health as you know we have had payroll issue, bank of QLD help me through this period, not only suspending my car loan but consolidating my other loans to make life easy.

Full review

I work for QLD health as you know we have had payroll issue, bank of QLD help me through this period, not only suspending my car loan but consolidating my other loans to make life easy.

    Price   8 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   6 / 10

    Trust   10 / 10

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Debby, Queensland, reviewed over 7 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   3 / 10

They did not give me an choice of the lenght of the loan - it was a flat 5 years - I would have prefer 10 years

Full review

They did not give me an choice of the lenght of the loan - it was a flat 5 years - I would have prefer 10 years

    Price   4 / 10

    Features   4 / 10

    Customer service   2 / 10

    Convenience   6 / 10

    Trust   4 / 10

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Amanda, Queensland, reviewed over 7 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   4 / 10

BOQ is one of the truste banks, i have been with them in the past but decided to change to bendigo, i feel i get better intrest and better support then i did with BOQ

Full review

BOQ is one of the truste banks, i have been with them in the past but decided to change to bendigo, i feel i get better intrest and better support then i did with BOQ

    Price   5 / 10

    Features   8 / 10

    Customer service   7 / 10

    Convenience   2 / 10

    Trust   5 / 10

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Josh, Queensland, reviewed over 7 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   6 / 10

The personalized and local service are commendable. They do go the extra mile for people.

Full review

The personalized and local service are commendable. They do go the extra mile for people.

    Price   6 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   6 / 10

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Joshua, New South Wales, reviewed almost 9 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   9 / 10

I have had no problems with Heritage Building Society. They provided us with a great new car loan at the BEST interest rate we could find. Really nice staff, they make you feel very comfortable and welcome.

Full review

I have had no problems with Heritage Building Society. They provided us with a great new car loan at the BEST interest rate we could find. Really nice staff, they make you feel very comfortable and welcome.

    Price   9 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   7 / 10

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Kim, Queensland, reviewed almost 9 years ago

Bank of Queensland

Bank of Queensland car loan review

Overall rating   10 / 10

BoQ are so easy to communicate with and always helpful, especially with their car loans.

Full review

BoQ are so easy to communicate with and always helpful, especially with their car loans.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Belinda, Queensland, reviewed about 9 years ago

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Car loan comparisons on Mozo - rates updated daily

  • RACV New Car Loan (Fixed, Secured)

    RACV New Car Loan (Fixed, Secured)

    • No ongoing fees
    • Fast approval secure personal loan
    • Choose to repay over 1 to 7 years

    Interest rate

    5.99% p.a.to 15.00% p.a.

    comparison rate*

    6.55% p.a.to 15.61% p.a.based on $30,000
    over 5 years

    Fees

    $399.00upfront
    and
    $0.00/month

    Go to site

    More info

    • No ongoing fees
    • Fast approval secure personal loan
    • Choose to repay over 1 to 7 years
    • Upfront fees: $399
    • Monthly fee: $0.00
    • Exit fee:
    • Repayment options: Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $5,000.00
    • Maximum loan amount:
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Need more information?
    Go to site

    More info

  • Australian Military Bank Car Loan - Excellent Credit (Up to 5 years old, Variable, Secured)

    Australian Military Bank Car Loan - Excellent Credit (Up to 5 years old, Variable, Secured)

    • Tailored rates based on your personal credit history
    • Apply Online
    • No penalty for early repayments

    Interest rate

    5.71% p.a.to 8.66% p.a.

    comparison rate*

    6.57% p.a.to 10.07% p.a.based on $30,000
    over 5 years

    Fees

    $100.00upfront
    and
    $10.00/month

    Go to site

    More info

    • Tailored rates based on your personal credit history
    • Apply Online
    • No penalty for early repayments
    • Upfront fees: $100
    • Monthly fee: $10.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $1,000.00
    • Maximum loan amount: $80,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Overall rating

    6.3

    Based on 28 Australian Military Bank car loan reviews

    Need more information?
    Go to site

    More info

  • loans.com.au New Car Loan (Up to 2 years old, Fixed, Secured)

    loans.com.au New Car Loan (Up to 2 years old, Fixed, Secured)

    • No monthly or ongoing fees
    • Borrow $5K to $100K
    • 3,4,5 year loan term available

    Interest rate

    5.44% p.a.to 5.94% p.a.

    comparison rate*

    5.99% p.a.to 6.5% p.a.based on $30,000
    over 5 years

    Fees

    $400.00upfront
    and
    $0.00/month

    Go to site

    More info

    • No monthly or ongoing fees
    • Borrow $5K to $100K
    • 3,4,5 year loan term available
    • Upfront fees: $400
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $100,000.00
    • Minimum loan term: 3 Years
    • Maximum loan term: 5 Years
    Need more information?
    Go to site

    More info

  • CUA Secured Car Loan (Fixed)

    CUA Secured Car Loan (Fixed)

    • $0 establishment fee for a limited time. Conditions apply. $90 Security Admin fee applies
    • No penalties for early payout or extra repayments. Free redraw.
    • No monthly fees

    Interest rate

    6.79% p.a.

    comparison rate*

    6.92% p.a.based on $30,000
    over 5 years

    Fees

    $90.00upfront
    and
    $0.00/month

    Go to site

    More info

    • $0 establishment fee for a limited time. Conditions apply. $90 Security Admin fee applies
    • No penalties for early payout or extra repayments. Free redraw.
    • No monthly fees
    • Upfront fees: $90
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $100,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Overall rating

    8.8

    Based on 42 CUA car loan reviews

    Need more information?
    Go to site

    More info

  • SocietyOne Car Loan - Excellent Credit (Fixed, Unsecured)

    SocietyOne Car Loan - Excellent Credit (Fixed, Unsecured)

    • Low rates that reward your good credit
    • Apply online in minutes
    • No monthly or early repayment fees

    Interest rate

    7.50% p.a.to 9.99% p.a.

    comparison rate*

    9.51% p.a.to 12.71% p.a.based on $10,000
    over 3 years

    Fees

    $300.00upfront
    and
    $0.00/month

    Go to site

    More info

    • Low rates that reward your good credit
    • Apply online in minutes
    • No monthly or early repayment fees
    • Upfront fees: $300
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Fortnightly, Monthly
    • Security required: Unsecured
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $50,000.00
    • Minimum loan term: 2 Years
    • Maximum loan term: 3 Years
    Need more information?
    Go to site

    More info

*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. 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.

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*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. 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.

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