Lending criteria and terms and conditions apply (available on application).
The tax comments provided in this document are of a general nature. NAB recommends that you seek independent tax advice in respect of the tax consequences arising from the use of any NAB Equipment Finance solution as they apply to your particular circumstances.
These products are issued by National Australia Bank Ltd ABN 12 004 044 937.
15.49% pa online fixed rate applies to:
Approved Vehicle & Equipment Loan applications that are quoted online:
- with loan amounts up to $250,000; and
- for new or used cars, vans and utes; and
- with loan terms of 1, 2, 3, 4 or 5 years; and
- with no balloon (end of term lump sum payment)
Loan must be drawn down within 35 days from the date of our online quote.
Vehicle and equipment loans are subject to approval. Standard Vehicle & Equipment Loan terms and conditions, fees and charges apply.
Online decisions are subject to eligibility, credit assessment, lending criteria and ID verification. You can read the full eligibility criteria online.
5.49% online fixed rate is available from 5 November 2018, remains valid until withdrawn and is subject to change without notice.
$0 deposit on loans up to $150K: Generally, the security is the asset itself; though in certain circumstances additional security or a deposit might be required – this will be assessed on application.
Loans up to 5 years: Loans applied for online delivered after final approval and receiving the final tax invoice from a dealer. Private sales require extra time to conduct an inspection and valuation.