Get on the road sooner with our award-winning New Car Loan.

With a great low fixed rate and no ongoing fees, you’ll have the flexibility to redraw and make penalty-free extra repayments.


6.99 % p.a. Interest rate 7.26 % p.a. Comparison rate

New Car Loan Benefits

How much would my repayments be?

Special Offers

Product Features:

Car Loans
Minimum Loan Amount : $10,000
Maximum Loan Amount : $150,000
Maximum Loan Term : 7
Establishment Fee : $195
Additional Repayments Accepted : Yes
Redraw Facility : Yes
Redraw Fee - Online : $0

Car Loan Journey
What to expect

1. Submit your application

Complete the online application form and send us:
1. Last 30 days of bank statements
2. Your two most recent payslips

2. Conditional approval

Your loan is approved subject to some conditions. Meeting these conditions typically means you’ll need to provide some additional documents to support your application. Your Lending Specialist will be in touch to let you know what is required.

3. Full approval

Congratulations – your loan has been fully approved!
We will start getting your contract ready and your Lending Specialist will contact you to discuss how you'd like to make your loan repayments.

4. Contracts sent

You'll receive an email with your contract attached. Once you've read it and are happy to proceed, you'll need to call us to accept the contract.

5. Pick up your new car!

We will call you to let you know the funds have been released to the dealer and you can drive away in your new wheels!

Buying an electric or hybrid vehicle? Take a look at our Green Car Loan!

We're ready to help you

Important Information

Loans are issued by Railways Credit Union Limited trading as MOVE Bank ABN 91 087 651 090. AFSL/ Australian credit licence 234536. Loan rates are subject to change. . All rates quoted are per annum. Suitability and assessment criteria, fees, charges, terms and conditions apply. Available only for new lending to MOVE Bank and excludes internal refinance.

For more information about the CANSTAR 5-star methodology please click here

^ Loan is not available for private sales.

+ For more information about fee-free banking please visit our Fees & Charges page. See Special Services Fees section for overseas ATM withdrawal fees. MOVE Bank does not charge eligible members for ATM transactions, however individual ATM providers may charge fees for using their service.