Car Loan

 General Lending Rates

• Lending Rate Type: Fixed
• Interest Rate: 12.99%, Comparison Rate 14.14%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 5.99%, Comparison Rate 7.20%
• Repayment Type:
• Loan Purpose:

 Product Features

• Other Additional Information: Borrow $10,000-$100,000 and get into your next car sooner. Option to borrow a little more to cover other expenses like insurance and registration. (conditions apply)

• Other Additional Information: Fixed interest rate with a 1-7 year loan term that fits your budget

• Other Additional Information: Get a personalised rate without impacting your credit score. We give you a personalised rate and estimated repayments based on your credit score and the loan details you provide to us. Get your personalised rate and an estimate of your repayments for a Car Loan or Unsecured Personal Loan by answering a few questions. If you already bank with us, sign in to save time.

• Other Additional Information: Your rate and monthly repayments remain the same for the full loan term.

• Other Additional Information: Speedy funding and 5-minute rate quotes with no impact on your credit score. Funds in your existing Westpac account within 60 minutes of contract acceptance.

• Other Additional Information: A preferential fixed rate is available for�eligible electric and hybrid cars

• Other Additional Information: Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties

• Extra Repayments Additional Information: The product has EXTRA_REPAYMENTS option available. $0 extra repayment fee: There's no fee if you want to make extra repayments, however a prepayment fee may apply.

• Fraud Protection Additional Information: The product includes FRAUD_PROTECTION features.

• Relationship Management Additional Information: RELATIONSHIP_MANAGEMENT is available for eligible customers.

 Product Eligibility

• Min Age - 18.

• Residency Status - Should Be A Citizen Or Permanent Resident Of Australia, Or Hold An Acceptable Visa, With A Minimum 1 Year Before Expiry.

• Other Additional Information: You have a regular, verifiable Australian taxable income

• Other Additional Information: Hold a current Australian driver's licence or learner's permit

• Other Additional Information: You should have a fixed, verifiable residential address in Australia.

 Bank Fees and Charges

• Loan Account Fee (Periodic), Amount: 12.00.

• Lending Establishment Fee (Upfront), Amount: 250.00.

• Prepayment Fee (Exit), Amount: 175.00. Additional Information: Applies if you choose a term greater than 2 years and pay it out in less than 2 years. This fee is waived if you pay out your personal loan by refinancing to another Westpac personal loan

• Missed Payment Fee (Payment), Amount: 15.00.

• Bank Cheque Fee (Event), Amount: 10.00.

 Document Downloads

  p-l-contract-general-conditions.pdf (210.7 KB)
  acceptables-visas-upl.pdf (490.2 KB)