ING - Car Loan – loan
Car loan up to $250 000
Loan amount
$10,000 – $250,000
Interest from
8.99%
Term
1 – 7 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Car loan up to $250 000
- Term 1 - 7 years
ING is a digital-first bank in Australia (part of the global ING Group headquartered in the Netherlands) known for its branchless, app and online-based banking model, offering a secured fixed-rate car loan for new and used vehicles.
✓ Pros
- Fixed repayments for the loan term
- Fully digital application process
- Backed by a large international banking group
- Lower typical rate than unsecured borrowing because the car is security
✗ Cons
- No physical branch network for in-person support
- Vehicle can be repossessed on default
- Loan term should be matched to the vehicle's useful life
How to apply
- Apply
- Accept the contract
- Get paid
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident
- ✓ Regular income
- ✓ Vehicle details for security purposes (new, demo or used)
- ✓ Valid photo ID and proof of address
Frequently asked questions
24 hours
The minimum loan amount at ING - Car Loan is $10,000.
About ING Bank (Australia) Limited
| Company | ING Bank (Australia) Limited |
|---|---|
| Address | 60 Margaret St, Sydney NSW 2000 |
| Website | https://www.ing.com.au |