EMONEY NEW VEHICLE LOAN
New Car Loan from $20K-$150K Secured by New or demo vehicle purchase.
- From
- 8.24%
- 9.15% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 3 years Fixed for the term of the loan | 8.24% | 9.15% | — |
| Fixed · 4 years Fixed for the term of the loan | 8.24% | 9.15% | — |
| Fixed · 5 years Fixed for the term of the loan | 8.24% | 9.15% | — |
| Fixed · 6 years Fixed for the term of the loan | 8.24% | 9.15% | — |
| Fixed · 7 years Fixed for the term of the loan | 8.24% | 9.15% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| PERSONAL_LOAN_SECURITY_VARIATION When there is a variation made to the security used for an existing loan agreement. For example you change the vehicle which secures your loan. | Event | $150.00 |
| DIRECT_DEBIT_DISHONOUR Charged if your direct debit payment is dishonoured due to insufficient funds | Event | $15.00 |
| PERSONAL_LOAN_ESTABLISHMENT_FEE A one off upfront fee for setting up your loan. | Upfront | $250.00 |
| REDRAW_IN_BRANCH Charged if you access advance payment on your loan in-branch. Redraw available while on VARIABLE rates only | Transaction | $25.00 |
| MTHLY_PERSONAL_LOAN_FEE Charged monthly · Flat Monthly Fee of $8 for personal or vehicle loans. | Ongoing | $8.00 |
| LOAN_VARIATION When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term. | Event | $150.00 |
Features
- Digital banking
- SCCU NetBanking
- Redraw facility
Eligibility
- Residency status — YMust be an Australian resident
- Minimum age — 18 years
- Capacity to repay the loan
- Individuals only
- Purchase of New or demo Vehicle to be taken as security over the loan
- Available only to business introduced through Emoney
Constraints
- Minimum limit — $20,000.00
- Maximum limit — $150,000.00
Published by Southern Cross Credit Union under the Consumer Data Right · Last updated 9 June 2026 · Product ID EMONEY_NEW_VEHICLE_LOAN · View on CDR.gov.au