Looking to buy a brand new car for personal use? Our New Vehicle Loan could help by offering a lower interest rate than our secured personal loan.

New Vehicle Loan
4.65
%
P.A
Fixed Interest Rate
5.58
%
P.A
Comparison Rate*
New Vehicle Loan
$8
Monthly Fee
$0
Online Redraw Fees
  • Loans from $5k – $150k
  • No Penalties for Early Repayment
  • Unlimited Free Extra Repayments

Secured Personal Loan

Unsecured Personal Loan

New Vehicle Loan

Product Features
Minimum Loan Amount
$5,000$5,000$5,000
Maximum Loan Amount
$150,000$30,000$150,000
Minimum Loan Term
3 years3 years3 years
Maximum Loan Term
7 years7 years7 years
Additional Repayments Available
YesYesYes
Product Features
Compare

Secured Personal Loan

Minimum Loan Amount
$5,000
Maximum Loan Amount
$150,000
Minimum Loan Term
3 years
Maximum Loan Term
7 years
Additional Repayments Available
Yes

Unsecured Personal Loan

Minimum Loan Amount
$5,000
Maximum Loan Amount
$30,000
Minimum Loan Term
3 years
Maximum Loan Term
7 years
Additional Repayments Available
Yes

New Vehicle Loan

Minimum Loan Amount
$5,000
Maximum Loan Amount
$150,000
Minimum Loan Term
3 years
Maximum Loan Term
7 years
Additional Repayments Available
Yes
Interest Rates

Secured Personal Loan

Unsecured Personal Loan

New Vehicle Loan

Fixed Rate
6.99%pa

7.91%pa comparison rate*
rates available on application4.65%pa

5.58%pa comparison rate*
Compare

Secured Personal Loan

Fixed Rate
6.99%pa

7.91%pa comparison rate*

Unsecured Personal Loan

Fixed Rate
rates available on application

New Vehicle Loan

Fixed Rate
4.65%pa

5.58%pa comparison rate*
Fees & Charges

Secured Personal Loan

Unsecured Personal Loan

New Vehicle Loan

Establishment Fee
$250$250$250
Other Fees
Security Variation
$150-$150
Loan Variation
$150$150$150
Redraw (Online / In Branch)
$0 / $25$0 / $25$0 / $25
Direct Debit Dishonour Fee
$15$15$15
Monthly Fee
$8$8$8
Compare

Secured Personal Loan

Establishment Fee
$250

Unsecured Personal Loan

Establishment Fee
$250

New Vehicle Loan

Establishment Fee
$250
Other Fees
Compare

Secured Personal Loan

Security Variation
$150
Loan Variation
$150
Redraw (Online / In Branch)
$0 / $25
Direct Debit Dishonour Fee
$15
Monthly Fee
$8

Unsecured Personal Loan

Security Variation
-
Loan Variation
$150
Redraw (Online / In Branch)
$0 / $25
Direct Debit Dishonour Fee
$15
Monthly Fee
$8

New Vehicle Loan

Security Variation
$150
Loan Variation
$150
Redraw (Online / In Branch)
$0 / $25
Direct Debit Dishonour Fee
$15
Monthly Fee
$8
  • Car Buying Service

    Southern Cross Credit Union has partnered with Motor Scout to offer our members an easy and transparent way to buy a new car with the haggle and negotiation done for you – all for FREE! Motor Scout has over 1,000 dealers across Australia and guarantee to get you the best price on your new car!

    Find Your Car

  • The Little Details

    Products issued by Southern Cross Credit Union Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. To help you better asses if these products are right for you please reach out to our team or read through our Target Market Determinations (TMD), designed to help you make an informed decision that is consistent with your objectives, financial situations and needs.

    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.

    *The comparison rate is based on a $30,000 loan repayable over 5 years.

We have been with SCCU for over 45 Years and for the last 24 of them with our business as well. The staff are amazing people to do your banking with and the loans division make every buying and selling experience so easy. Our little hiccups have never been a drama for the staff to help us solve and nothing is ever too much trouble to help us along the way to building our business through banking. Their rates are always competitive and we would never consider another bank or financial institution for all our needs. Loyal staff and loyal friends = Best Bank Ever.
Neil & Kathalina
The Key Considerations for Buying a Used Car

The hunt for a used car can be a complex and confusing one. There are so many different factors and features to weigh up that it can feel like paralysis by analysis. Outside of how the car looks and your allegiance to a brand, there are a couple of key...

The hunt for a used car can be a complex and confusing one. There are so many different factors and...

Read More
What do comparison rates tell us?

Comparison rates help us to compare loan products. They are designed to enable us to compare apples with apples, when it comes to the total cost of lending products, but unfortunately they don't paint the whole picture. What is a Comparison Rate? A comparison rate provides a simplified way to compare...

Comparison rates help us to compare loan products. They are designed to enable us to compare apples with apples,...

Read More