Get a better
ride with Latitude

Keep your repayments low with the option of a balloon payment

Latitude Car & Motor Loan rates from 6.99% ^
(comparison rate 8.10%) *

Keep on top of your finances with an optional month off every year

Select your vehicle type

Car loans from $5,000

Loan features
  • Purchase from a dealer with 1 - 7 year loan terms
  • Private sale purchase with 1 - 5 year loan terms
  • Loans from $5,000
  • Fixed rate for the life of the loan
  • Weekly, fortnightly & monthly
 repayment options
  • Extra repayments accepted1
  • Choose the day of the week 
your repayments are deducted
  • Cars up to 15 years of age at start of loan
Month off

Got a month with high expenses; Rego, Insurance, Summer Holidays? Pay a little extra each month, and then take a month off from your repayments. You can even choose which month you want to take off.

Balloon payments

Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.

Buying a car that is more than 15 years old? Or looking to borrow some extra money for another purpose?
Eg: $20,000 for a car + $5,000 for a holiday. Let us help you with a Latitude Personal Loan. Or call us on 13 28 26.

Motorbike loans from $3,000

Loan features
  • Purchase from a dealer with 1 - 5 year loan terms
  • Loans from $3,000
  • Fixed rate for the life of the loan
  • No private sale
  • Weekly, fortnightly & monthly
 repayment options
  • Extra repayments accepted1
  • Choose the day of the week 
your repayments are deducted
  • Motorbikes up to 7 years of age
Month off

Got a month with high expenses; Rego, Insurance, Summer Holidays? Pay a little extra each month, and then take a month off from your repayments. You can even choose which month you want to take off.

Marine loans from $5,000

Loan features
  • Purchase from a dealer with 1 - 7 year loan terms
  • Private sale purchase with 1 - 5 year loan terms
  • Loans from $5,000
  • Fixed rate for the life of the loan
  • Weekly, fortnightly & monthly
 repayment options
  • Extra repayments accepted1
  • Choose the day of the week 
your repayments are deducted
  • Marine crafts up to 7 years of age
Month off

Got a month with high expenses; Rego, Insurance, Summer Holidays? Pay a little extra each month, and then take a month off from your repayments. You can even choose which month you want to take off.

Balloon payments

Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.

Light vehicle loans from $5,000

Loan features
  • Maximum vehicle size 4.5 tonnes
  • Purchase from a dealer with 1 - 7 year loan terms
  • Private sale purchase with 1 - 5 year loan terms
  • Loans from $5,000
  • Fixed rate for the life of the loan
  • Weekly, fortnightly & monthly
 repayment options
  • Extra repayments accepted1
  • Choose the day of the week 
your repayments are deducted
  • Light vehicles up to 7 years of age
Month off

Got a month with high expenses; Rego, Insurance, Summer Holidays? Pay a little extra each month, and then take a month off from your repayments. You can even choose which month you want to take off.

Balloon payments

Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.

Caravan loans from $5,000

Loan features
  • Purchase from a dealer with 1 - 7 year loan terms
  • Loans from $5,000
  • Fixed rate for the life of the loan
  • No private sale
  • Weekly, fortnightly & monthly
 repayment options
  • Extra repayments accepted1
  • Choose the day of the week 
your repayments are deducted
  • Caravans up to 7 years of age
Month off

Got a month with high expenses; Rego, Insurance, Summer Holidays? Pay a little extra each month, and then take a month off from your repayments. You can even choose which month you want to take off.

Balloon payments

Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.

Rates, fees & charges

Rates from 6.99%^

8.10%* 
comparison rate

Establishment
fee $295

Monthly loan
service fee $10

Early
termination fee $750

Consumer and commercial loans available from 6.99%^ to 14.99%^ p.a. (8.10%* to 16.06%* p.a. comparison rate)

Other Fees & Charges You May Incur:
  • Australia Post payment handling fee - $1.50
  • Late payment fee - $40 in the event that you can't make the minimum repayment by your agreed due date
  • BPAY® payment handling fee - $0.50
  • An early termination fee of up to $750 is payable if you pay the loan out early.

How we compare to the Big 4

Our interest rates start at a lower point than the Big 4. Apply online today to see if you could save on repayments.

Latitude

ANZ

Westpac

CBA

NAB

Important Information

Interest rates correct as at 24th April 2018 from provider's websites. Monthly repayment amount based on a $30,000 loan over 5 years. Latitude Car and Motor loan as compared with the 'ANZ Secured Car Loan', CBA 'Secured Car Loan', NAB 'Fixed Rate Personal Loan For a Car', and Westpac 'Car Loan'.

^ Approved customers only. Terms, conditions, fees and charges apply. For the ‘Latitude Car & Motor Loan' and the 'Latitude Personal Loan’ interest rates range depending on a number of factors, including the information you provide us and our assessment of your application. All applications are subject to lending and approval criteria.

* Comparison rates for all the above products are based on a loan of $30,000 over 5 years.

WARNING: The comparison rates are 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.

EXAMPLE: A secured motor loan of $30,000 borrowed for 5 years with the minimum interest rate of 6.99% p.a. (8.10% p.a. comparison rate), would equate to a total amount payable of $36,584 (including a $295 establishment fee and $10 monthly loan servicing fees).

1 You can make additional payments, however if you decide to make early or extra repayments, an early termination fee may apply.

Calculator

Car & Motor loan calculator

Use our handy calculator to determine what your repayments may be on that new car, motorbike or boat.

Benefits

Stay in control

Choose from weekly, fortnightly or monthly repayments to suit your budget. Make lump sum repayments whenever you want at no extra charge.

Take a month off

Got a month with high expenses; Rego, Insurance, Summer Holidays? Pay a little extra each month, and then take a month off from your repayments. You can even choose which month you want to take off.

Balloon repayments

Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.

Borrow more

Borrow more than 100% of the vehicle price to cover extras like accessories, insurance and even your on-road costs.

What you can expect

1

Apply online and get a response in 1 business day.

2

Provide us with the required documents, such as your payslips, tax invoice for the vehicle or identification documents.

3

Accept and return your loan contract online.

4

We pay and you drive away within 24 hours of receiving your signed contract.

Common questions and answers

My Loan

Application and Approval

Fees, charges and interest