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Secured Car Loan

A fixed rate personal loan that uses your car as ‘security’ over the loan, giving you access to a lower interest rate.

Why choose our Secured Car Loan?

Choosing a secured car loan helps you get on the road for less. How? We offer you a low interest rate in return for using your car as security for the loan.  Plus, plan your budget with fixed repayment amounts and enjoy the flexibility to make extra payments when you choose. 

Key features

With so much flexibility

  • Choose weekly, fortnightly, or monthly repayments
  • Repay your loan over 1 – 7 years
  • Make extra repayments at no extra charge
  • Option to set up automatic or direct salary transfers for simple, convenient repayments

Considering refinancing an existing secured car loan from another institution?

As long as your car is less than 7 years old, we can help you do this too. Simply apply online or contact us on 13 11 55.

Personal & car loan calculator

How much will my repayments be?

Looking for more options?

If you don’t think a Secured Car Loan is right for you, or your vehicle doesn’t meet the eligibility criteria, take a look at our Personal Loans.

Ready to apply?

Call us

We're open 24 hours a day,
7 days a week

Call us on 13 11 55

Complete an application online

Apply online

Insights and stories

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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

* WARNING: 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 8th May 2018. Rates subject to change. Approval is not instant and is subject to Suncorp Bank’s standard lending criteria.

Eligibility and lending criteria apply.

Loans are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). To approved applicants only. Fees, charges, terms and conditions apply and are available on request.

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.

Fixed Rate

Lock in your interest rate and repayment amount

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.