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Car Loans made easy

Finance your next car with one of our great low rates and secure your ride today!

 

Award winning Car Loans!

Award winning

Awarded for outstanding value thanks to our flexibility and rates

New and used

Great rates available for new and used cars

Extra repayments

No charge for extra repayments

Low rates & fees!

I'm looking to buy a car that is...

Secured Fixed Rate Car Loan

For new and used cars up to 7 years old and valued over $7,500, you can use the value of your car as security to reduce the interest rate.

Features & Fees

Minimum loan amount

Repayment frequency

Loan term

Account keeping fee

Establishment fee

Extra repayments

$5,000

Weekly, fortnightly, monthly

1 - 7 years

$5 monthly

$175

$0

Fixed rate loan early payout fee after 12 months

Early payout fee within 12 months1
If the loan term is longer than 12 months

Stamp duty & government charges

Personal Property Security Fee

$0

$300

Charges apply

Fees payable to PPSR

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

Pay less with the bank of the year


* Rates effective 28 September 2020, and subject to change at any time. Where a rate is not specified as referring to a secured loan product, the rate refers to the rate for an unsecured personal loan.

# The Bank at its discretion will charge either an Arrears Administration Fee or 2% Default Interest if an event of default in payment occurs. Refer to the Suncorp Lending Fees & Charges booklet for more information

This comparison widget is provided by RateCity for Suncorp Bank. Suncorp Bank has no liability for any changes to the rates in the widget provided by RateCity.


Eligibility requirements

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What you'll need

  • About 15 minutes
  • ID, e.g. Driver’s licence, Medicare card, and/or your Passport
  • Basic information about your wage, expenses & debts

What happens next?

Eligibility

To apply for one of our loans you must…

  • Be at least 18 years of age
  • Have kept a good credit record for the last 5 years
  • Be employed or receive regular income
  • Not be, or have been bankrupt or insolvent
  • Be a permanent resident of Australia
  • Have no past, present or pending judgements or claims against you

If you're self-employed please call 13 11 55 to apply

Check your eligibility

We let you know what documents we need, you can upload them online or email them to us

Receive a final loan decision in about 2-3 business days (once we have received all of your supporting documents)

Resources to take the stress out of car buying

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Call us

Mon – Fri 8:30am – 7pm (AEST/AEDT)

Visit us

Find your nearest store

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Reviews are independently verified and detail our customers' real experiences.

 


Things you should know

* Rates effective 28 September 2020, and subject to change at any time. Where a rate is not specified as referring to a secured loan product, the rate refers to the rate for an unsecured personal loan.

1. Where a loan has a fixed rate component, an early fee applies if you repay your loan within 12 months of settlement and the term of the loan exceeds 12 months.

2. The Reward and Recognition program ("Suncorp Benefits") is being operated by Loyalty Corp Australia Services Pty Ltd ABN 39 615 958 873 (Loyalty Corp). To register for Suncorp Benefits you must hold a current eligible personal policy or an eligible personal product or service from one of the brands in the Suncorp Network brand. Purchase limits apply to each individual retailer. Full Terms and Conditions are available here. Use of Suncorp Benefits is subject to the operator's privacy policy.

^ Comparison rate based on $30,000 and over 5 years. 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.

3. Car Insurance issued by AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance. This advice has been prepared without taking into account your particular objectives, financial situation or needs so you should consider whether it is appropriate for you before acting on it.

This comparison widget is provided by RateCity for Suncorp Bank: Suncorp Bank has no liability for any changes to the rates in the widget provided by RateCity.

Products and services including banking, superannuation and insurance (including home and car insurance) are provided by separate companies in the Suncorp Group. Each entity is not responsible for, or liable in respect of, products and services provided by other entities of the Suncorp Group. Suncorp Bank (Suncorp-Metway Ltd ABN 66 010 831 722) is only liable for the banking products or services it provides and not the products and services of other companies in the Suncorp Group.

Personal Loans 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 information is intended to be of general nature only. We do not accept any legal responsibility for any loss incurred as a result of reliance upon it – please make your own enquiries.

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.

Eligibility

To apply for one of our loans you must…

  • Be at least 18 years of age
  • Have kept a good credit record for the last 5 years
  • Be employed or receive regular income
  • Not be, or have been bankrupt or insolvent
  • Be a permanent resident of Australia
  • Have no past, present or pending judgements or claims against you

If you're self-employed please call 13 11 55 to apply

Fixed Rate

Fixed rates can make it easier to budget for your purchase, knowing your rate won't change for the life of your loan.

Variable Rate

Variable rates mean that, if our rates go down (or up), so do your repayments.

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.

Got a Question?

Ask Scout, the Suncorp Virtual Assistant