Suncorp - Car Loan – loan
Car loans up to $80 000
Loan amount
$5,000 – $80,000
Interest from
9.49%
Term
1 – 7 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Car loans up to $80 000
- Term 1 - 7 years
Suncorp is a major Queensland-headquartered banking and insurance group, ASX-listed, offering secured fixed-rate car loans for new and used vehicles alongside its well-known insurance products.
✓ Pros
- Backed by a major ASX-listed banking and insurance group
- Fixed repayments for the loan term
- Lower typical rate than unsecured borrowing because the car is security
- Can be bundled with Suncorp insurance products
✗ Cons
- Fewer branches outside Queensland compared with the big four
- Vehicle can be repossessed on default
- Loan term should be matched to the vehicle's useful life
How to apply
- Work out how much you can afford
- Get a head start on your application
- Find the right car
- Consider ongoing costs and insurance
- Get full loan approval
- Look after your new wheels
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 Suncorp - Car Loan is $5,000.
About Suncorp-Metway Ltd
| Company | Suncorp-Metway Ltd |
|---|---|
| Address | Suncorp Bank, 243 Edward St, Brisbane City QLD 4000 |
| Website | https://www.suncorp.com.au |