At a glance

7.39 %P.A.
Fixed Rate Car Loan
8.19 %P.A.
Comparison Rate**
Additional repayment fees or early repayment fees
Loan terms and repayment options to suit you

Why choose our Car Loan?

When it’s time to upgrade to a new set of wheels, we can help you hit the road sooner with a low interest car loan. 

Whether you are looking for something sporty, upgrading the family car or buying a pre-loved car, by using your car as security you can lock in a low rate with terms, repayments and features tailored to fit your budget.

Repayment options that suit you

Choose from weekly, fortnightly or monthly repayments on loan terms between 1 and 7 years

Unlimited repayments and no early repayment or break costs

Make unlimited additional repayments anytime or repay your loan early with no additional costs

Borrow from $5,000

 With a low minimum loan amount of $5,000 you can borrow part or all of your purchase price

Borrow up to 100%

Borrow 100% of the purchase price for a car purchased from a dealer or up 90% for private sales

Interest rates

Choose the interest rate that suits your budgeting needs.

Fixed or Variable Rate Car Loans

Fixed Rate Car Loans

Fixed Rate Car Loans give you the certainty of knowing what your repayments will be over the course of your loan. Your repayment amount is determined at the start of the loan. 

Variable Rate Car Loans

Variable Rate Car Loans have interest rates that go up and down based on the market. 


Interest rate % p.a.

Comparison rate % p.a. **

Fixed Motor Vehicle Secured



Variable Motor Vehicle Secured




At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Fee Type Amount

Application Fee


Monthly Maintenance Fee


A full list of fees can be found in our Fees and Charges Guide

Important information

Ready to apply?

Follow these steps to begin your Personal Loan application.

Step 1. 

Check your eligibility. You must:

  • 18 years of age or older
  • need a loan of $5,000 or more
  • never been bankrupt
  • be an Australian Citizen or Permanent Resident
  • earn a regular income

Have the following information ready:

  • Proof of identity
  • Employment details
  • Financial details such as income, assets, expenses and liabilities.


We can also help with:

Loan Protection Insurance

Protect your ability to meet your loan repayments

Loan Protection Insurance

In the event of illness, injury, unemployment or loss of life, ensure your loan repayments are met.

  • Tiered cover options
  • Cover your personal loan repayments
  • Joint cover available
Car Insurance

Get moving with our Car Insurance

Car Insurance

When you get into a car accident or your car is stolen, the last thing you want to think about is how you're going to pay for everything. That's why we've got you covered.

  • Choose from Comprehensive and Third Party
  • Choose market value or agreed cover
  • Optional extras