For the purchase of an environmentally friendly new car.
Our Green Car Loan offers a reduced interest rate, no monthly fees and flexible repayment options for the purchase of an environmentally friendly new car with an overall Green Star rating of 5 as rated by the Australian Government Green Vehicle Guide.
Main Features
- Reduced interest rate for an eligible environmentally friendly new car.
- Weekly, fortnightly or monthly repayments.
- Additional repayments accepted.
- Redraw available ($500 minimum).
- No early repayment penalties.
- $5,000 minimum loan amount.
- No maximum loan amount.
- 9 year maximum loan term.
- Optional Loan repayment insurance.
Eligibility
- Used for the purchase of a new car with a build date of the current year or previous year; and
- The vehicle must have an overall Green Star rating of 5 as rated by the Australian Government Green Vehicle Guide at www.greenvehicleguide.gov.au.
Interest
Calculated daily and charged monthly in arrears.
Loan Repayments
Principal & interest repayments.
Security
A Goods Mortgage on the motor vehicle is required for all Car Loans. The motor vehicle must also be registered in the name of the borrower.