Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

Secured Car Loan

A fixed rate secured car loan that lets you access a lower interest rate by using your car as security.

Money magazine awards 2018  Canstar outstanding value car loan 5 star

Current interest rates

Online application takes about 15 minutes

Why choose our Secured Car Loan?

You can upload your documents online

You’ll receive a response within 15 minutes

You can repay your loan after 12 months without penalty

You won’t be charged for extra repayments

Choosing a secured car loan can help you get on the road for less. By using your car as security for your loan, you can access a lower interest rate than you can with a unsecured loan. Plus, plan your budget with fixed repayment amounts and enjoy the flexibility to make extra payments when you choose.

Loan Calculators

Personal Loan Repayment Calculator

Estimate how much your loan repayments might be based on the amount you'd like to borrow.

Calculate repayments

Comparison Calculator

Compare our personal loans to find the best loan for you.

Compare personal loans

Rates and fees

Interest rates

Fees

Description

Fee

Establishment Fee (financed with the loan)

$175

Monthly Account Keeping Fee

$5 per month for the term of your loan

Fees payable to PPSR apply.

Stamp Duty

Stamp Duty and government charges apply.

Early Payout Fee1

$0 if you’ve had the loan for more than 12 months.

$300 if you pay it off within 12 months, and your loan term is longer than that.

Establishment fees and monthly fees are waived for Suncorp Home Package Plus customers.

For a complete guide to the fees and charges on our Personal Loans, download our Lending Fees and Charges brochure.

Personal Loans can be used for ...

Car

Debt consolidation

Travel

Renovations

Weddings

Other

Get started in minutes

Apply online

You'll need 15 minutes and two forms of identification

 

Call us

Mon – Fri 8:30am – 7pm
(AEST/AEDT)

Visit us

Visit your nearest store and we'll take you through it face to face

Insights and stories

Showing 3 of 4 articles Showing 2 of 4 articles Showing 1 of 4 articles

Get help with finding and buying a new car

  • Discover the right car for you
  • Price your next car
  • Request a test drive
  • Get trade-in valuation
Find out more

1. An early payout fee applies if you repay your loan within 12 months of settlement and the term of the loan exceeds 12 months.

* The comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as 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. Comparison rate is based on a $30,000 loan over 5 years.

^ Rates effective 26 July 2018.

Banking products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”) to approved applicants only. Please read the relevant Product Information Document and Terms and Conditions before making a decision regarding a Suncorp Banking product. Fees, charges, terms and conditions apply and are available on request or at Product Information Documents and Forms page.

The Personal Property Securities Register

The Personal Property Securities Register (PPSR) is a national online register that can provide information to help protect consumers when they are buying personal property such as cars, boats or artworks (not including land or buildings). If you are buying a car privately you should conduct a search and check that there is no money owing on the car.

Next Day Working Conditional Approval

Provided the information you supplied in your application is correct and you can prove that to us.

Comparison Rate

A comparison rate is a rate that indicates the true cost of a loan. This rate incorporates certain fees and charges that are applicable for the chosen product.