RBA Cash Rate: 4.10% · 1AUD = 0.64 USD · Inflation: 2.4%  

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  Billions Capital [ FINANCE SPECIALISTS ]

Home Loan Variable: 5.43% (6.02%*) • Home Loan Fixed: 4.99% (5.91%*) • Fixed: 4.99% (5.91%*) • Variable: 5.43% (6.02%*) • Investment IO: 5.59% (6.66%*) • Investment PI: 4.99% (5.91%*)

  MOTOR SCOUT NEW VEHICLE LOAN

Personal Loan to finance the purchase of a new or demo model vehicle through Motor Scout Car buying service
Category: Personal Loans  Last Updated February 18, 2025  Effective April 14, 2025

 General Lending Rates

Rates listed below are for a FIXED P&I product. Additional Information Rate fixed for the term of the loan. Terms from 3yrs to 7yrs maximum.
Interest Rate
6.49% PA
Comparison Rate
7.41%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

 Product Features

  • Digital Banking Additional Information: SCCU NetBanking
  • Redraw

 Product Eligibility

  • Residency Status - Y. Additional Information: Must be an Australian resident
  • Min Age - 18.
  • Other Additional Information: Capacity to repay the loan
  • Other Additional Information: For Purchase of new vehicle
  • Natural Person
  • Other Additional Information: Available to new business introduced by Motor Scout Australia

 Bank Fees and Charges

  • Personal Loan Security Variation (Event), Amount: 150.00. Additional Information: 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.
  • Direct Debit Dishonour (Event), Amount: 15.00. Additional Information: Charged if your direct debit payment is dishonoured due to insufficient funds
  • Personal Loan Establishment Fee (Upfront), Amount: 250.00. Additional Information: A one off upfront fee for setting up your loan.
  • Redraw In Branch (Transaction), Amount: 25.00. Additional Information: Charged if you access advance payment on your loan in-branch. Redraw available while on VARIABLE rates only
  • Mthly Personal Loan Fee (Periodic), Amount: 8.00. Additional Information: Flat Monthly Fee of $8 for personal or vehicle loans.
  • Loan Variation (Event), Amount: 150.00. Additional Information: When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term.
  • Origination Fee (Upfront), Amount: 990.00.

 Limitations & Restrictions (Constraints)

  • Min Limit of 20000.00
  • Max Limit of 150000.00

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Download our 40-page First Home Buyer Guide. The book includes a large amount of information that will guide you during the buying process, and it provides you with information on your various finance options. 
First Home Buyer Guide, April 2025
  Timezone: 1 · [ CHANGE ]

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