Car loan rates and features

Discover our range of car loans for electric vehicles (EVs) and used cars. Learn about rates, making repayments and our terms and conditions.

A red car drives down a straight road, with bushes and sand on either side

Our range of car loans 

Car loans – for new and used electric vehicles (EVs), and other used cars.

Rates and fees

See and compare Bank Australia personal and car loan rates and fees.

Repayments

Extra repayments

You can make extra repayments on our personal and car loans whenever you like.

Early repayment

You can pay your loan off whenever and you pay no early repayment fee.

Can’t make repayments? 

If you’re having trouble making repayments, we can help you figure out what to do. 

Where are the loan terms and conditions?

Read the car loan terms and conditions here.

Common questions about our loans

All car loans

Can I borrow to buy a vintage car?

We offer used car loans for vehicles up to 7 years old. 

Can I borrow to buy a motorbike?

Yes, both our car loans are for motorbikes as well as cars. 

Electric Vehicle Loan

What cars qualify for our Electric Vehicle Loan?

Only fully electric vehicles are eligible with our Electric Vehicle Loan.  

Can I buy a hybrid with the Electric Vehicle Loan?

No, only fully electric vehicles are eligible with our Electric Vehicle Loan.

Can I buy a new or used EV with the Electric Vehicle Loan?

Yes, you can buy a new or used EV up to 7 years old.

A person holding a phone with Bank Australia digital banking on the screen