SCCU
MOTOR SCOUT NEW VEHICLE LOAN
SCCU · pers loans
Provider last updated this product 2026-06-30.
Personal Loan to finance the purchase of a new or demo model vehicle through Motor Scout Car buying service
As published by the lender
- Vehicles - New vehicles
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 6.49% | 8.85% | OTHER | PRINCIPAL AND INTEREST | 36 months | - | calculated daily, paid monthly |
| Fixed for the term of the loan | |||||||
| FIXED | 6.49% | 8.85% | OTHER | PRINCIPAL AND INTEREST | 48 months | - | calculated daily, paid monthly |
| Fixed for the term of the loan | |||||||
| FIXED | 6.49% | 8.85% | OTHER | PRINCIPAL AND INTEREST | 60 months | - | calculated daily, paid monthly |
| Fixed for the term of the loan | |||||||
| FIXED | 6.49% | 8.85% | OTHER | PRINCIPAL AND INTEREST | 72 months | - | calculated daily, paid monthly |
| Fixed for the term of the loan | |||||||
| FIXED | 6.49% | 8.85% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Fixed for the term of the loan | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| PERSONAL_LOAN_SECURITY_VARIATION | EVENT | $150 | When there is a variation made to the security used for an existing loan agreement. For example you change the vehicle which secures your loan. |
| DIRECT_DEBIT_DISHONOUR | EVENT | $15 | Charged if your direct debit payment is dishonoured due to insufficient funds |
| PERSONAL_LOAN_ESTABLISHMENT_FEE | UPFRONT | $250 | A one off upfront fee for setting up your loan. |
| REDRAW_IN_BRANCH | TRANSACTION | $25 | Charged if you access advance payment on your loan in-branch. Redraw available while on VARIABLE rates only |
| MTHLY_PERSONAL_LOAN_FEE | PERIODIC | $8 | Flat Monthly Fee of $8 for personal or vehicle loans. |
| LOAN_VARIATION | EVENT | $150 | When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term. |
| ORIGINATION_FEE | UPFRONT | $990 | - |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 6.49% | 8.85% |
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
Who can apply
- residency status - YMust be an Australian resident
- min age - 18
- otherCapacity to repay the loan
- otherFor Purchase of new vehicle
- natural person
- otherAvailable to new business introduced by Motor Scout Australia
Limits
- min limit - 20000.00
- max limit - 150000.00
Last updated by data holder: 2026-06-30T21:40:50.000+10:00 · Product ID: MOTORSCOUT_NEW_VEHICLE_LOAN