Drive Away Car Loan, over 5 years old

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Car Loan: (Cars over 5 years old)

10.50
%
variable
interest
rate1
PA
10.79
%
comparison
rate2
PA

Drive Away Car loan, perfect for older car purchases:

No redraw fees

No ongoing fees

Early repayment options without penalty

Variable and lump sum repayments

Automatic repayment from salary

 

Key Feature

Interest Rates
Variable Interest Rate
10.50%
Comparison Rate
10.79%
Fee
Annual Fee
0
Monthly Fee
0
Redraw Fee
0
Application Fee
200
Features
Early repayments without penalty
Yes
Automatic Deposits (salary / account)
Yes
Minimum Amount
1,000
Maximum Term in Years
10
Redraw Facility
Yes
Repayments
Weekly, fortnightly or monthly

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What do I need to apply?

Here's a list of everything that you'll need to apply for a car loan with us.

Car loan checklist

Latest 3 months of statements (all pages) for all credit/store cards showing the credit limit

Latest 3 months statements (all pages) of all bank accounts

Latest 3 months statements (all pages) of any “buy now/pay later” accounts (if applicable)

A recent copy of rental lease or if boarding, a letter from the owner

Council Rates notice for all properties owned

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How do I apply?

Applying is simple! At LCU you have the flexibility to apply whenever and wherever you want to.

Apply for a Car Loan Apply online now
Get in touch with our team Call us
Email your enquiry to our team Email us
Visit us at our branch Our location
Take a look at our Car Loans

At LCU, we have a wide range of car loans which have been tailored to suit your needs.

Ready to get started?

When you’re ready to apply, you can book an appointment or request a call from a LCU lending specialist who will help you with your application.

Things you should know

1 Rates are subject to change. Please refer to our rates and fees page. Credit eligibility criteria, terms & conditions, fees & charges apply.

2 Comparison rate based on a secured loan amount of $30,000 over a term of 5 years.

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.

Please view the Target Market determination for this product here