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New Car Loan

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With great rates and no penalty for early payout, the IMB New Car Loan could have you cruising in the car of your dreams sooner than you thought. So what are you waiting for?

  • Great interest rates
  • Borrow up to $70,000
  • Fixed repayments for easy budgeting
  • No penalty for early repayments
  • Flexible terms from 1 to 7 years
  • No ongoing account keeping fees
  • Available for New Motor Vehicles and Demonstrator Vehicles if odometer reading is less than 3,000km and first registration is within the last 3 months.

 

Loan Amount Interest Rate p.a Comparison Rate p.a*
$2,000 -  $70,000  7.33% 7.51%
Key features
Minimum loan amount $2,000
Maximum loan amount $70,000
Personal loan period 1 - 7 years
Repayments Monthly – Repayments are fixed & will never increase.
Additional Repayments Yes
Interest charges Calculated daily, charged monthly
Fees and charges View fees and charges
Loan Repayment Insurance available Yes
Ongoing Account Keeping Fee $0
Minimum Eligibility To be eligible for an IMB New Car Personal Loan you must be over 18 years of age; have a good credit history and have a monthly income.

Rates current as at date of appearance and subject to change. The IMB New Car Personal Loan is available Australia wide for new vehicles or demonstration vehicles with an odometer reading less than 3,000km and first registration within the last 3 months *Comparison rate is based on a $30,000 secured loan over 5 years. WARNING: This comparison rate applies only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in different comparison rates. Normal IMB lending criteria, terms and conditions, fees and charges apply. IMB Ltd ABN 92 087 651 974 AFSL/Australian Credit Licence 237 391.

 
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