Fixed rates - Property owner

Our car loans reward good borrowers with competitive rates. A larger deposit means a lower loan to value ratio (LVR) and rate. If you're looking at a new car and own property in your own name, you could get an even more competitive rate.
 

New and demo vehicle

Loan to value ratio (LVR)Fixed interest rateComparison rate*
≤ 100%6.40% p.a.7.86% p.a.
> 100%6.70% p.a.8.16% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

New and demo vehicle

Loan to value ratio (LVR)Fixed interest rateComparison rate*
≤ 100%6.40% p.a.7.86% p.a.
> 100%6.70% p.a.8.16% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

Used vehicle

Loan to value ratio (LVR)Fixed interest rateComparison rate*
≤ 100%7.10% p.a.8.55% p.a.
> 100%7.40% p.a.8.85% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

Fixed rates - Non-property owner

New and demo vehicle

Loan to value ratio (LVR)Fixed interest rateComparison rate*
≤ 100%7.25% p.a.8.70% p.a.
> 100%7.70% p.a.9.14% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate. 

What is LVR?

What is a comparison rate?

New and demo vehicle

Loan to value ratio (LVR)Fixed interest rateComparison rate*
≤ 100%7.25% p.a.8.70% p.a.
> 100%7.70% p.a.9.14% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

Used vehicle

Loan to value ratio (LVR)Fixed interest rateComparison rate*
≤ 100%7.95% p.a.9.39% p.a.
> 100%8.40% p.a.9.84% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

Variable rates - Property owner

Our car loans reward good borrowers with competitive rates. A larger deposit means a lower loan to value ratio (LVR) and rate. If you're looking at a new car and own property in your own name, you could get an even more competitive rate.
 

New and demo vehicle

Loan to value ratio (LVR)Variable interest rateComparison rate*
≤ 100%6.75% p.a.8.21% p.a.
> 100%7.05% p.a.8.50% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are variable.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

New and demo vehicle

Loan to value ratio (LVR)Variable interest rateComparison rate*
≤ 100%6.75% p.a.8.21% p.a.
> 100%7.05% p.a.8.50% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are variable.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

Used vehicle

Loan to value ratio (LVR)Variable interest rateComparison rate*
≤ 100%7.45% p.a.8.90% p.a.
> 100%7.75% p.a.9.19% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are variable.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?

Variable rates - Non-property owner

New and demo vehicle

Loan to value ratio (LVR)Variable interest rateComparison rate*
≤ 100%7.60% p.a.9.05% p.a.
> 100%8.05% p.a.9.49% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are variable.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate. 

What is LVR?

What is a comparison rate?

New and demo vehicle

Loan to value ratio (LVR)Variable interest rateComparison rate*
≤ 100%7.60% p.a.9.05% p.a.
> 100%8.05% p.a.9.49% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are variable.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate. 

What is LVR?

What is a comparison rate?

Used vehicle

Loan to value ratio (LVR)Variable interest rateComparison rate*
≤ 100%8.30% p.a.9.74% p.a.
> 100%8.75% p.a.10.18% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are variable.
For personal use car loans, where the loan term is greater than 60 months, an additional 1.00% applies to the displayed rate.

What is LVR?

What is a comparison rate?


 

Business use car loan rates

Select from the options below to filter car loan interest rates.

Fixed rates - Property owner

Our business use car loan is suitable for individuals, partnerships or companies where the car will be used predominantly for business purposes. Property ownership can be applicable to the borrowing entity or its directors.

 

New and demo vehicle

Loan to value ratio (LVR)Interest rate
≤ 100%6.55% p.a.
> 100%6.85% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.

What is LVR?

New and demo vehicle

Loan to value ratio (LVR)Interest rate
≤ 100%6.55% p.a.
> 100%6.85% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.

What is LVR?

Used vehicle

Loan to value ratio (LVR)Interest rate
≤ 100%7.25% p.a.
> 100%7.55% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.

What is LVR?

Fixed rates - Non-property owner

New and demo vehicle

Loan to value ratio (LVR)Interest rate
≤ 100%7.40% p.a.
> 100%7.85% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.

What is LVR?

New and demo vehicle

Loan to value ratio (LVR)Interest rate
≤ 100%7.40% p.a.
> 100%7.85% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.

What is LVR?

Used vehicle

Loan to value ratio (LVR)Interest rate
≤ 100%8.10% p.a.
> 100%8.55% p.a.

 

Rates are for new loans and are subject to change. Rates displayed are fixed.

What is LVR?

Car loan fees

Fee type Amount 
Establishment fee - Personal Use$250.00
Establishment fee - Business Use$450.00
Administration/Account keeping fee
$15.00 per month
 
Discharge fee
(This fee may apply depending on the car loan product. This will be confirmed in your Loan Agreement)
$50.00 


Other fees and charges may apply.

Car loan options

Applying online is easy

Submit your application in a few simple steps. Apply if you are 18 years or older and a permanent resident of Australia.
 


 

Get a quick quote

Click on Apply Online. Answer a few simple questions and we'll provide a tailored quote with your rate and repayments.

 

Continue to apply online

Provide information about you, your car, what you earn and what you owe.

 

Get an answer fast

Once you’ve submitted your application, one of our friendly car loan specialists will review it and get in touch to answer any questions and guide you through the next steps.

 

Additional information

For all applications submitted from 06 December 2022 Personal Use Car Loans originated directly with Macquarie (and not through a broker) are provided by Macquarie Bank Limited ABN 46 008 583 542 Australian Credit Licence 237502 (‘Macquarie Bank’). All other car and asset loan products and leases are provided by Macquarie Leasing Pty Ltd ABN 38 002 674 982 Australian Credit Licence 394925 (‘Macquarie Leasing’). Please refer to your loan agreement or lease, once available, for your credit provider or lessor. ​All applications are subject to the satisfaction of approval criteria. Terms, conditions, fees and charges apply.

The comparison rate is based on a secured Personal Use Car Loan of $30,000 and a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

*

Comparison rate applies only for personal use car loans without a lump sum or balloon repayment option.

Information and interest rates are current as at 1 March 2024 for new loans only and are subject to change.