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Used Car Loan

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Are you looking for the perfect used car?

Would you like to make buying a used car easy? We offer Car Loans to help you get the right car for your lifestyle. Our flexible Used Car Loan, for used cars older than current & prior calendar year models, is straightforward with no hidden costs.

 9.79% pa
variable interest rate

 10.41% pa
comparison rate1

Apply Online Call +855 97 542 5306 Web Chat

The Details:

The vehicle cannot be older than 12 years at the completion of the loan contract. Choose weekly, fortnightly or monthly repayments, whatever suits you.
We accept additional repayments so you can pay off your loan faster, and you won’t be penalised for paying off your loan early Take advantage of free Redraw with a $500 minimum.
We offer 1-5 year Fixed Interest Rate options so you can avoid interest rate rises. The Break Cost Fee only applies during fixed rate period.
Our flexible Used Car Loans start at $5,000, with no maximum. Secure a loan for up to 9 years
Interest calculated daily and charged monthly in arrears. When applying, ask about optional Loan Repayment Insurance.
  Rates & Fees
Used Car Loan (L32)
Promotional Interest Rates
Variable Interest Rate  9.79% pa
Comparison Rate1  10.41% pa
Fixed Interest Rates 1 to 5 Years Yes, refer to Interest Rates page
Application Fee $0 
Establishment Fee2 $90 
Monthly Fee $0 
Annual Fee $0 
  Ready to Apply

Let us assist with your borrowing needs. For a car loan, you can:

Apply Online

Apply Online

Phone Us

Call +855 97 542 5306 between 8:00am and 7:00pm Monday to Thursday and Friday 8:00am and 6:00pm.


Complete a Car Loan Application and return it to us.
Download the Car Loan Documentation Checklist for a list of the documents required to apply for your Loan.

Visit Us

Complete an application in person at our Hawthorn East or Moonee Ponds Service Centres.

Terms and Conditions

Part A - Product Information
Part B - Fees and Charges
Part C - Interest Rates

  More Info


Principal and interest repayments.


We ask for a Goods Security Agreement on the motor vehicle for all Car Loans. Your motor vehicle must also be registered in the name of the borrower.


Use our loan calculators to assist you to make informed decisions about borrowing money and paying off your loan:

Loan Repayments Calculator
Work our what your minimum weekly, fortnightly or monthly loan repayments would be for any borrowed amount.

Extra Repayments Calculator
Calculate how much time and interest you can save by paying more than the minimum repayment.

Lump Sump Repayment Calculator
Calculate the time and interest you can save by paying a lump sum off your loan


Important Information
Car Loan Interest Rates effective 9 April 2016. Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
This insurance product is issued by CGU Insurance. This document contains general information only and may not suit your particular circumstances. Before making decisions about insurance products you should consider the appropriateness of the information having regard to your circumstances and the Product Disclosure Statement available by calling 1800CGU CCI (1800 248 224).
1. Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate.
2. Only payable if loan is funded. Waived for Student Banking Package customers.