Green Car Loan

Secured loan for brand new electric and hybrid cars.

Variable rate up to 7 years:

3.99%p.a 1

Comparison rate:

4.76%p.a *

Green Car Loan

Secured loan for brand new electric and hybrid cars.

Fixed rate up to 7 years:

3.99%p.a 1

Comparison rate:

4.76%p.a *

Features and benefits

Save

A lower interest rate than our standard car loan to reward you for greener choices.

Affordable

Borrow from $10,000 over terms from 1-7 years making it easier to find a repayment that suits you.

Swift

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

$5

Monthly fee

We'll simply add this to your loan each month.

$195

Application fee

Lower than many dealer fees, we'll add this to your loan.

$100

PPSR fee

To register your property on the Personal Property Securities Register.

$10,000

Minimum loan amount

Fund even your small purchases for your home.

How to apply

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

Driving savings

With the cost of fuel rising, more Australians are considering the potential savings of driving a hybrid or electric car. Our Green Car Loan rewards you with a lower interest rate than our standard car loan to say thanks for making a greener choice. In fact, the interest saving could contribute to the cost of purchasing the car.

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

Refer to our fees and charges schedule for more information on fees that may be applicable.

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Green Loans

Green Loans for more than cars

Our Green Loan lets you finance the cost of environmentally friendly purchases around the home, like solar panels and more.

Find out more
...

Hints and tips

Making your home greener

Take a look at some of the ways you can reduce your overall household energy consumption.

Find out more
...

Green Car Loan

It's here!

We've electrified the green vehicle market with a new low-cost car loan.

View media release


Credit eligibility criteria, terms & conditions, fees & charges apply. You can view Target Market Determinations here
1 Rate is current as at 14/04/22 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