Vehicle Loans
Used Vehicles (Private)
Finance a used private vehicle with a down payment that depends on the age of the unit.
Interest
0.8%-1.25% reducing by age
Up to
Vehicle value
Term
48-60 months
Security
MBS / IOC. 15-25% down payment by age.
Age bands
Vehicles 1-3 years: 15% down, 0.8% reducing, 60 months. Vehicles 3-5 years: 20% down, 1% reducing, 60 months. Vehicles 6 years old: 25% down, 1.25% reducing, 48 months. MBS / IOC applies.