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Car Loans

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SCU Car Loans offer super low competitive rates and flexible repayment options

With a quick approval process and  a host of other benefitsWhat are you waiting for? Take out an SCU Car Loan today.

If your car is new, or near new, it can be used as security for your loan. That means a lower rate for you. And with your finance ready and waiting, you can look the car dealer in the eye and negotiate the best deal you can get. If negotiating car prices is not your thing, we can help you there too, with our complimentary car search service.

Car insurance is also available through SCU5 so we can help you with the whole car buying process, helping you drive away quicker. 

 

apply for a car loan with scu

Choose a Product

 

 

SCU Car Loans

Fixed Rate Car Loan

A loan with a low fixed rate and no monthly account keeping fees. For new cars and used cars (up to 2 years old).

  • Low Application Fee
  • Borrow up to 100% of the purchase price up to $50,000
  • Loan repayment insurance available
  • Redraw facility
  • Loan period up to 7 years

 7.95% pa3
fixed interest rate

 8.09% pa2 
comparison rate

Apply for a car loan

Car loan calculator

  Additional Information
Fixed Rate Car Loan
Minimum amount $10,000
Maximum amount Up to 100% of the purchase price of vehicle up to $50,000
Maximum age of car Up to 2 years
Loan period Up to 7 years
Monthly, fortnightly or weekly repayments Yes
Early repayments without penalty Yes
Redraw facility Yes ($20 per redraw, minimum $100)

Variable Rate Car Loan

We can lend you up to 100% of the purchase price of your new car or used car (up to 3 years old), including on the road costs.

  • Low Application fee
  • Borrow up to 100% of the purchase price
  • Lump sum or variable repayments
  • Redraw facility
  • Loan repayment insurance available

 10.05% pa1
variable interest rate

 10.19% pa2
comparison rate

Apply for a car loan

Car loan calculator

  Additional Information
Variable Rate Car 
Minimum amount $10,000
Maximum amount Up to 100% of the purchase price of the vehicle up to $50,000
Maximum age of car 3 years
Loan period Up to 7 years
Monthly, fortnightly or weekly repayments Yes
Early repayments without penalty Yes
Redraw facility Yes ($20 per redraw, minimum $100)
  Useful Links and Tools

Questions?

If you have any questions, please contact us Find out more about SCU car loans

 

1. Based on a secured variable rate loan.
2. Comparison rate based on a $30,000 loan over a term of 5 years. WARNING This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
3. Based on a secured fixed rate loan.

4.SCU arranges this insurance as agent of the insurer Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFSL 234708. We do not provide advice on the insurance based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please refer to the relevant Product Disclosure Statement, available here. If you purchase this insurance, we will receive a commission that is a percentage of the premium. Interest rates shown apply to new loans only. Ask us for more details before we provide you with any services on this product.

 

 

 

 

 

SCU Car Insurance

Compare*

 
SCU  8.09% pa
Bank of QLD  11.78% pa
Commonwealth Bank  10.53% pa

View all SCU rates

*Based on a secured fixed New Car Loan. Information was sourced from each financial institutions website on 25 July 2013 and is subject to change. Terms & conditions and fees & charges apply. Comparison rate based on a $30,000 loan over a term of 5 years. WARNING This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.