NORTHERN INLAND CREDIT UNION LTD.
Brand New Vehicle Loan
NORTHERN INLAND CREDIT UNION LTD. · pers loans
Provider last updated this product 2026-05-11.
Go to provider
You'll complete your application on
NORTHERN INLAND CREDIT UNION LTD.'s website. Confirm the rate and fees with them
before applying.
A special fixed rate personal loan, with no establishment fee, for cars, motorbikes, caravans, boats or trailers that are brand new never and been driven before.
As published by the lender
- Vehicles - New vehicles
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 7.74% | 8.30% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 60 months | - | calculated daily, paid monthly |
| Comparison Rate is calculated on a loan amount of $30,000 over a term of 5 years. These rates are for unsecured loans only. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| ALTERNATE_SECURITY_CAR_LOAN | EVENT | $100 | - |
| LATE_REPAYMENT_FEE | EVENT | $15 | - |
| LOAN_MONTHLY_FEE | PERIODIC | $8 | - |
| STAFF_TRANSFER | EVENT | $10 | - |
| PREPAYMENT_FEE_-_SECURED_LOANS | EVENT | $100 | payable when you pay out the contract early. Waived if you refinance with us or paid out with savings. |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 7.74% | 8.30% |
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
- No restriction on amount of additional payments you make
- Make weekly, fortnightly or monthly repayments
- 1 to 7 year loan terms available
Who can apply
- otherCredit criteria and eligibility applies to all applicants. Terms and Conditions are available on application.
- min age - 18
- residency status - AU
- natural personAvailable for personal borrowers only
- otherFor the purchase of cars, motorbikes, caravans, boats or trailers that are brand new and never been driven before, or demo model
- otherLoan is to be secured by purchased vehicle or a term deposit
- otherThe vehicle used as security must have full comprehensive insurance for the life of the loan
Limits
- min limit - 5000.00
- max limit - 150000.00
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: 2026-05-11T17:11:38.000+10:00 · Product ID: NICUL75F_BNC