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LCU - Car Loan

Secured | Variable | Cars over 5 years old

The LCU Car Loan offers an advertised interest rate from 10.50% p.a. and a comparison interest rate from 10.79% p.a.. The LCU Car Loan is a Variable rate, Secured loan with a borrowing range of between $1,000 and $75,000 and a loan repayment term of between 1 and 10 years.

More LCU Car Loan details can be found below or visit LCU to learn more or apply.

Compare Car LoansProduct Image For LCU - Car Loan - Secured | Variable | Cars over 5 years old
A Secured loan with an advertised rate of 10.50% p.a. and comparison rate of 10.79% p.a.
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Advertised Rate

10.50% p.a. Variable

Comparison Rate

10.79% p.a.

Borrowing Range

$1,000 to $75,000

Establishment Fee

$200 one off
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Interest

Rate Type
Variable
Advertised Rate
10.50% p.a.
Variable
Comparison Rate
10.79% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily

Loan Security

Loan Security
Secured
Secured By
Vehicle

Loan Terms

Loan Term
1 to 10
years
Borrowing Range
$1,000 to $75,000
Repayment
Monthly, Weekly, Fortnightly

Features

Redraw Available
Yes

Fees

Establishment Fee
$200
one off
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event

Who is the product designed for?

This product is suitable for retail clients who:

  • Require a loan when they are looking to purchase a new motor vehicle including a boat, caravan or motorbike off the lot.
  • Are 18 years of age or more and can meet the credit assessment criteria for the product.
  • Are willing to offer a registered security over the loan (or other acceptable security) as security for the loan.

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