Beyond Bank car loans
Beyond Bank offers a range of car loans, whether you’re buying your car from a dealer or from an ad in the paper. Car loans start from $5,000, with loan terms lasting for up to seven years. Beyond Bank can pre-approve your car loan, so you can search for your car with confidence. Discounts are available for borrowers who are purchasing a green vehicle. Beyond Bank also offers bank accounts, home loans, personal loans, credit cards and insurance. Beyond Bank is a customer-owned institution with more than 200,000 customers and more than 40 branches.
About Beyond Bank car loans
Beyond Bank is a customer-owned bank that provides personal finance products online and through branches, including car loans. Beyond Bank offer a range of low cost car loans that may be suitable for your needs. These include a fee-free loan, a low rate loan and a loan that offers flexible features. Customers of Beyond Bank can contact the bank to discuss products through their call centre, online or in a branch.
Features of a Beyond Bank car loan
Depending on which Beyond Bank car loan you decide on you could have access to a range of different features. These may include the ability to make extra repayments and a redraw facility if you wish to access these payments at a later date. If you do wish to take advantage of these features, you will end up paying a higher interest rate so it is important to weigh up what may be of the greatest use to you.
Beyond Bank car loans have various minimum borrowing amounts from $5000-$10,000 and can be repaid in a period of up to seven years. If you wish to pay off the loan sooner there are no additional penalties. Some of Beyond Bank’s car loans will have a restriction on how old a used car can be when purchased if you plan to use the car as security. If you are unsure if the vehicle you have in mind will qualify for the loan, then it is good to contact the lender before making your decision.
Customer service
- Customer service centre (phone)
- Mobile app
- Online banking
- Live Chat
- Branch
- Mobile banking staff
Pros:
- Below average rates available
- No fee loan options available
- Flexible features loan available
- Available for new and used vehicles
Cons:
- Some fees may apply
- Not available to 457 visa holders
What RateCity says
Beyond Bank offers a range of car loans that will appeal to borrowers who are looking to keep costs down. Depending on what you are looking for in a loan, Beyond Bank offers below average interest rates and fee free loans that are quite competitive if you meet the eligibility criteria. If you prefer flexibility in a car loan, Beyond Bank also has loan options that may suit although you will be paying a higher interest rate for the privilege.
Beyond Bank offer environmental discounts to borrowers who are purchasing a vehicle for an approved environmental purpose. If you think your vehicle may qualify then you should contact the lender to see what kind of discounts may apply. Borrowers who are looking to purchase a used vehicle may find that not all Beyond Bank loans will be suitable for their needs as the car will need to be less than six years old.
Applying/ eligibility
To be eligible for a Beyond Bank car loan you must be able to prove that you are financially able to support the loan by showing proof of a steady income. You will also have to make sure your vehicle is eligible under the loan, especially if you are applying for a loan to purchase a used vehicle.
- Must meet eligibility criteria
- Must be able to pay required fees
- Must not be a 457 visa holder
- Must be applying for a loan for an eligible vehicle
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Why choose Beyond Bank
Beyond Bank Car Loans
Car Loans calculator
Use our car loan calculator to see how much you’d have to repay under different borrowing scenarios.
Your estimated repayments
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Total repayments
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- This is an estimate of how much you would pay (weekly/fortnightly/monthly) based on your borrowing amount, interest rate and loan term.
- Calculations assume that details entered into calculator, including interest rates, do not change for the lifetime of the loan.
- Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.
- Months are assumed to be of equal length. However, given that some months are longer than others, interest charged by vary depending upon the month.
- The calculation rounds of the car loan repayment to the closest dollar value without decimals.
- All calculations are estimates only; there are no guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
- Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
- Calculator does not include the cost of fees or other extra charges.
- Calculator does not account for changes to interest rates over time.
- This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Read our full disclaimer.
About Beyond Bank car loans
Beyond Bank is a customer-owned bank that provides personal finance products online and through branches, including car loans. Beyond Bank offer a range of low cost car loans that may be suitable for your needs. These include a fee-free loan, a low rate loan and a loan that offers flexible features. Customers of Beyond Bank can contact the bank to discuss products through their call centre, online or in a branch.
Features of a Beyond Bank car loan
Depending on which Beyond Bank car loan you decide on you could have access to a range of different features. These may include the ability to make extra repayments and a redraw facility if you wish to access these payments at a later date. If you do wish to take advantage of these features, you will end up paying a higher interest rate so it is important to weigh up what may be of the greatest use to you.
Beyond Bank car loans have various minimum borrowing amounts from $5000-$10,000 and can be repaid in a period of up to seven years. If you wish to pay off the loan sooner there are no additional penalties. Some of Beyond Bank’s car loans will have a restriction on how old a used car can be when purchased if you plan to use the car as security. If you are unsure if the vehicle you have in mind will qualify for the loan, then it is good to contact the lender before making your decision.
Customer service
- Customer service centre (phone)
- Mobile app
- Online banking
- Live Chat
- Branch
- Mobile banking staff
Pros:
- Below average rates available
- No fee loan options available
- Flexible features loan available
- Available for new and used vehicles
Cons:
- Some fees may apply
- Not available to 457 visa holders
What RateCity says
Beyond Bank offers a range of car loans that will appeal to borrowers who are looking to keep costs down. Depending on what you are looking for in a loan, Beyond Bank offers below average interest rates and fee free loans that are quite competitive if you meet the eligibility criteria. If you prefer flexibility in a car loan, Beyond Bank also has loan options that may suit although you will be paying a higher interest rate for the privilege.
Beyond Bank offer environmental discounts to borrowers who are purchasing a vehicle for an approved environmental purpose. If you think your vehicle may qualify then you should contact the lender to see what kind of discounts may apply. Borrowers who are looking to purchase a used vehicle may find that not all Beyond Bank loans will be suitable for their needs as the car will need to be less than six years old.
Applying/ eligibility
To be eligible for a Beyond Bank car loan you must be able to prove that you are financially able to support the loan by showing proof of a steady income. You will also have to make sure your vehicle is eligible under the loan, especially if you are applying for a loan to purchase a used vehicle.
- Must meet eligibility criteria
- Must be able to pay required fees
- Must not be a 457 visa holder
- Must be applying for a loan for an eligible vehicle
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.
