Macquarie - Car Loan – loan
Car loans up to $250 000
Loan amount
$10,000 – $250,000
Interest from
11.00%
Term
1 – 7 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Car loans up to $250 000
- Term 1 - 7 years
Macquarie Bank is one of Australia's largest financial institutions, ASX-listed and best known for investment banking, but it also offers retail banking products including secured fixed-rate car loans for new and used vehicles.
✓ Pros
- Backed by one of Australia's largest financial groups
- Fixed repayments for the loan term
- Fully digital application process
- Lower typical rate than unsecured borrowing because the car is security
✗ Cons
- Limited branch presence compared with the big four retail banks
- Vehicle can be repossessed on default
- Loan term should be matched to the vehicle's useful life
How to apply
- Complete our online application form
- Final review
- Loan approved
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 Macquarie - Car Loan is $10,000.
About Macquarie Bank Limited
| Company | Macquarie Bank Limited |
|---|---|
| Address | 1 Shelley St, Sydney NSW 2000 |
| Website | https://www.macquarie.com.au |