Fixed car loan

For vehicles up to 5 years old

Fixed Interest rate:

5.34%p.a. 1

Comparison rate from:

6.10%p.a. *

Can be used for cars, caravans, boats and motorbikes that can be registered.

Variable car loan

For vehicles up to 5 years old

Variable Interest rate:

5.34%p.a. 1

Comparison rate from:

6.10%p.a. *

Can be used for cars, caravans, boats and motorbikes that can be registered.

Features and benefits


Loans over 1-7 years so you can find a repayment to suit your budget.


Peace of mind that you can redraw repayments made in advance on your loan.


We can arrange a swift conditional approval so you can start car hunting.


Monthly fee

A small monthly fee applies.


Application fee

We'll simply add this to your loan - no need to pay it separately.


PPSR fee - cars

We'll register cars on the Personal Property Securities Register.


Minimum loan amount

Borrow from as little as $10,000 with higher loan amounts available.

How to apply

You can apply online, over the phone or at one of our financial services stores.

You can apply if you:

  • Are over 18 years of age
  • Have a regular income
  • Are not or have not been bankrupt (including Part IX agreements)
  • Are an Australian citizen or a permanent resident
  • Have not had defaults on any Loans, Credit cards, Interest free finance or Store cards in the last 5 years
  • Have been in your current job longer than 6 months
  • Have an acceptable Credit Risk Profile (Credit Score)

  • Your personal details, such as your current and previous address, phone number and email address
  • Details of your income, employment, any assets (e.g. home, car or savings) and debts (mortgages, loans and credit cards) you currently have.

Community First Credit Union is able to offer loans to self employed applicants including home loans, personal loans, credit cards and overdrafts.

The types of documentation we will request from you may vary between applicants due to differences in individual situations and the type of loan you are applying for. The following are some examples of documentation you may be asked to provide.

  • Last 2 years full Tax Returns and financials/profit & loss statements for both of your personal and/or company tax returns to support your Self Employed income, and last 2 pay slips for other applicants
  • Proof of any rental income for properties via real estate statement or copy of executed lease
  • Latest Notice Of Assessments for each applicant
  • Last 3 months most recent everyday transaction account statements where your income is credited to.
  • Last 3 months statements of any loans or credit cards you are refinancing to us
  • Copy of current rates notice if it is a mortgage application

Fees and charges

An early repayment fee applies to the Fixed Car Loan which is $10 per month for the remaining term of the loan if the loan is paid out early. Refer to our latest fees and charges schedule for more information about fees and charges.

Credit eligibility criteria, terms & conditions, fees & charges apply. You can view Target Market Determinations here
1 Rate is current as at 01/05/17 and subject to change without notice.
* The comparison rate is based on a secured loan amount of $30,000 over a loan term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Community First Credit Union LimitedABN 80 087 649 938 | AFSL and Australian credit licence 231204 | BSB 512-170