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New Car Loan

Purchasing a new car? Our Overdrive Car Loan has no monthly account keeping fees and the flexibility to make extra payments without penalty.

No monthly account keeping fees
Free redraw facility
Loan repayment insurance available
Make lump sum repayments or payout your loan without penalty

 Interest rate View our interest rates
Minimum amount No minimum
Maximum age of car / loan period No more than 7 years at the end of the loan term
Repayments Monthly / Fortnightly / Weekly
Interest charges Calculated daily, charged monthly
Processing fee $100 (funded with loan)
Variable and lump sum repayments Yes
Early repayment without penalty Yes
Redraw facility available Yes
Monthly account keeping/service fees $2
Loan Repayment Insurance available Yes
Auto repayments (salary / account) Yes

More Information

Compare our Car Loans
Learn more about the benefits of one of our car loans
Need answers? Check out our FAQs
Find out more about our Loan Repayment Insurance
Read our budgeting tips

Apply

Apply for a Car Loan.

Questions?

If you have any questions, please contact us.