LJ HOOKER NEW VEHICLE LOAN
New Car Loan from $20K-$150K Secured by New or demo vehicle purchase.
At a glance
- Fixed
- 8.24%9.15% comparison
- Loan size
- $20,000 to $150,000
- Upfront fee
- $250
- Monthly fee
- $8
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Car loan from a bank or lenderLowest advertised rate, fixed or variable | 8.24% | 5.74%Westpac's Car Loan | 6.99%of 42 institutions | 34th lowest of 42, level with one other |
Rates
Every rate SCCU publishes for this personal loan, 5 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedFixed for the term of the loan | P&I | 3 yrs fixed | - | 8.24% | 9.15% | - |
| FixedFixed for the term of the loan | P&I | 4 yrs fixed | - | 8.24% | 9.15% | - |
| FixedFixed for the term of the loan | P&I | 5 yrs fixed | - | 8.24% | 9.15% | - |
| FixedFixed for the term of the loan | P&I | 6 yrs fixed | - | 8.24% | 9.15% | - |
| FixedFixed for the term of the loan | P&I | 7 yrs fixed | - | 8.24% | 9.15% | - |
Fees
6 fees published, grouped by when they're charged.
- When you take it out$250PERSONAL_LOAN_ESTABLISHMENT_FEE
- While you hold it$8 a monthMTHLY_PERSONAL_LOAN_FEE
- When you close it or pay it offNo fee published
When you take it out1
- PERSONAL_LOAN_ESTABLISHMENT_FEE
A one off upfront fee for setting up your loan.
$250
While you hold it1
- MTHLY_PERSONAL_LOAN_FEE
Flat Monthly Fee of $8 for personal or vehicle loans.
$8 a month
When you make a transaction1
- REDRAW_IN_BRANCH
Charged if you access advance payment on your loan in-branch. Redraw available while on VARIABLE rates only
$25
When particular things happen3
- DIRECT_DEBIT_DISHONOUR
Charged if your direct debit payment is dishonoured due to insufficient funds
$15 - LOAN_VARIATION
When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term.
$150 - PERSONAL_LOAN_SECURITY_VARIATION
When there is a variation made to the security used for an existing loan agreement. For example you change the vehicle which secures your loan.
$150
Features
- Terms from 3yrs to 7years available
Eligibility and limits
- Minimum age 18
- Residency: Y
- Available to individuals
- Amount $20,000 to $150,000
- Capacity to repay the loan
- Purchase of New or demo Vehicle to be taken as security over the loan
- Available only to business introduced through LJ Hooker Home Loans
Compare it with others
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Published by Southern Cross Credit Union under the Consumer Data Right, last changed by them on 9 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.