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2021-11-30 2:45 pm
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Commercial Car Loan

Low-rate loan with carbon offsets for business vehicles, including low emissions cars.

Compare our rates

New cars

6.45
%
p.a.
Fixed interest rate
Effective 24 November 2021

Snapshot

  • 7 years – Maximum loan term
  • $1,000 – Minimum loan amount
  • $0 – Early repayment fee

Used cars

8.95
%
p.a.
Fixed interest rate
Effective 24 November 2021

Snapshot

  • 7 years – Maximum loan term
  • $1,000 – Minimum loan amount
  • $0 – Early repayment fee

With LEV discount

5.45
%
p.a.
Fixed interest rate
Effective 24 November 2021

Snapshot

  • 7 years – Maximum loan term
  • $1,000 – Minimum loan amount
  • $0 – Early repayment fee

Who it's for

  • Business customers with an ABN
  • Annual turnover less than $50m
  • Small to medium sized businesses (SMEs)
  • Not-for-profits and community groups

What it's for

Bank Australia car loans are for cars and motorbikes.  

  • Brand new or up to 7 years old
  • Registered with the Road Traffic Authority
  • Comprehensively insured
  • Loan amount cannot exceed $1,000,000

What you get

"It was so simple to set up my business accounts with Bank Australia. Great customer service and product knowledge"
Erin, Bank Australia business customer

Carbon offsets

We offset your business vehicles’ carbon emissions for the life of the loan. Find out how.

A fixed rate

The interest rate is fixed for the life of the loan – there are never any repayment surprises.

Extra flexibility

Set up monthly, weekly or fortnightly repayments – whatever works for your budget cycle.

Fee-free extras

You can pay extra whenever you like without penalty. You can even pay your loan off early.

Calculate your repayments

See what your repayments could be with our car loan range.


Responsible banking policy

We believe that the clean money movement is *the* way forward for a sustainable and values-led banking sector. The movement is underpinned by the Bank Australia responsible banking policy – which was formed, and continues to evolve, through research and development with Bank Australia customers. 


Read more

Fees and charges

Here’s what to expect with our car loan range:
What it's for
Amount
Establishment fee
$495
Monthly fee
$0
Late payment fee
$0

It pays to know. Please read the Product Disclosure Document and see all fees and charges before deciding if this account is right for you. See all rates and fees.

Money, People & Planet

See more at the Bank Australia blog

The fine print

General advice warning: In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.

Bank Australia is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.

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