bcubcu

New Car Loan

bcu · pers loans

Provider last updated this product 2026-09-30.

Get a step closer to your dream car with a car loan from BCU Bank. Available for new and used cars with redraw, flexible terms and the ability to pay out early with no additional fees.

As published by the lender

Lending rates

TypeRateComparison^PurposeRepaymentFixed termApplies toInterest
VARIABLE6.74%7.05%OTHERPRINCIPAL AND INTEREST--calculated daily, paid monthly
Rate available to existing customers. Rate available for new accounts. Rate available to new customers.

Fees

FeeTypeAmountDetails
Statement Retrieval FeeREPLACEMENT$2.50Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement.
Statement Retrieval > 12 MthsEVENT$2.50-
Loan Establishment FeeUPFRONT$200One off establishment fee.
Goods Security Administration FeeUPFRONT$20Charged per vehicle taken as security.
PPSR Search FeeUPFRONT$3.70Payable at cost for obtaining a search on the Personal Property Securities Register.
PPSR Registration FeeUPFRONT$11.40Payable at cost for registering the loan security on the Personal Property Securities Register.
Late Payment Notification FeeLATE_PAYMENT$5When payment to a personal loan becomes overdue by 11 and 30 days.
Notice of Demand FeeEVENT$75When payment to a personal loan becomes overdue by 46 days.
Collection Agent Administration FeeLATE_PAYMENT$100Payable when you are in arrears for more than 90 days and we choose to engage an external collection agent.
Management Administration FeeLATE_PAYMENT$50When payment to a personal loan becomes overdue by more than 90 days.
Default Interest RateOTHER-A default rate may be charged on any overdue amount if you fail to pay the amount due under the loan contract by its due date. The default rate is 2% per annum above the Annual Percentage Rate applying to the loan account and accrues daily from the due date until payment is made.

Rate history

Rate Comparison rate

% p.a. 6.74% 6.89% 7.05%15 Jul10 Aug4 Sep30 Sep 15 Jul 26: 6.74% Rate 6.74% Comparison 7.05%
The figures behind this chart
FromUntilRateComparison
2026-07-152026-09-30 (current)6.74%7.05%

Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.

Features

digital bankingextra repaymentsnpp enabledredraw

Who can apply

Limits

The provider's own documents

Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.

Last updated by data holder: 2026-09-30T16:00:43.1982365Z · Product ID: 189