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* Comparison Rate. The Comparison Rate is based on a secured loan of $30,000 for 5 years. Fees and charges may be applicable. ^ The $150 establishment fee is waived for vehicles that meet an ANCAP rating of 5 star.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Loan Terms. 7 year maximum for new. 5 year maximum for used.
Interest rate is displayed as a fixed rate.
The $150 establishment fee is waived for vehicles that meet an ANCAP rating of 5 star.
We calculate emissions associated with each car loan we finance based on average vehicle emissions figures and average mileage figures for Australian vehicles. (sources National Greenhouse Accounts Factors and Australian Bureau of Statistics).
Each year, Bank Australia purchases carbon offsets eligible under the National Carbon Offset Standard (NCOS) that are equivalent to the total estimated emissions from car loans funded in that year.