Australian Defence CU New Car Loan
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Moneybuddy says
This is a variable rate loan from the Defence Credit Union, with a very competitive interest rate that starts at *.** per cent. The loan is secured, and there’s a minimum amount of $**** that can be used to pay for new cars up to twelve months old. The loan is to be paid back with fortnightly premiums, while there is no penalty for early repayment or additional repayments. An application fee of $** is also required.
The Basics
Interest -
Car type New
Security Secured
Car loan type Conventional Car Loan
Start rate p.a. -
Comparison rate p.a. -
Max. loan -
The cool stuff: features
Loan insurance available? Yes
Repayment schedule Weekly
Online application Yes
Redraw facility Yes
Early repayment allowed Yes
Additional repayments allowed Yes
The Facts & Figures
Min. loan -
Min. term -
Max. term -
The ugly stuff: fees
Signup fee -
Exit fee -
Monthly fee -
Comparison Rate Disclaimer -
* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.
Pros
- Very competitive rateNo penalty for early repaymentsFree car buying help from Car Search Brokers Australia
Cons
- Variable rate
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