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Repayment options to suit you
Choose the loan term - from three to seven years - and repayment frequency.
Great fixed rate
Have peace of mind knowing exactly what your repayments will be.
Make extra payments
Pay more than your minimum repayments as and when you choose.
An early repayment fee applies if you close the loan within the first two years.
Access surplus funds 24/7
Redraw online and on the go with the Bankwest App.
Our Secured Car Loan is great for buying a car, consolidating your debt, home improvements or taking a holiday.
Borrow from $10,000 to $100,000 (up to 120% of the value of your security). As security for the loan, we accept:
Cars or motorcycles that are less than seven years old...
OR cars or motorcycles that are valued at least $10,000
|Fixed interest rate||7.99% p.a.|
|Comparison rate||8.76% p.a.|
|Understand the comparison rate|
|Monthly loan maintenance fee||$5|
|Early repayment fee if loan is closed in first 12 months||$250|
|Early repayment fee if loan is closed in 13-24 months||$100|
Check your eligibility
Note: Applications are subject to credit approval.
Things you need for your application
Already started? Resume your application.
If you’re not planning on using a car as security, we have other fixed rate loans to choose from.
It’s great for consolidating your debt, renovating your home, buying a car or paying for an event.
A higher rate than our other personal loans, but you can redraw your extra repayments and pay the whole loan off early without a repayment fee.
Speak with someone from the team today.