Buying a new or second-hand car can be expensive. If you don’t have the funds upfront, consider a NAB Personal Loan to help get you on the road faster. The best bit? Avoiding dealer finance might help you save on extra fees, commissions or high-interest rates.

Our personalised interest rate

Our personalised interest rates
Variable rate1
Headline rate
12.69% p.a.
Comparison rate2
13.34% p.a.
Our personalised interest rates
Fixed rate1
Headline rate
12.69% p.a.
Comparison rate2
13.34% p.a.
Our interest rate range
Rates can range from 9.99% p.a. to 18.99% p.a.
Comparison rate range2
Comparison rates can range from 10.66% p.a. to 19.59% p.a.
Application Fee $150
Monthly Fee $10
Exit Fee $0


Same day funds

  • If you are an existing customer and apply in- store by 2pm, you could walk away with your money that very same day2.
  • If your application is approved, your money will be in your NAB account within two hours.

Tailor your loan

  • Borrow from $5,000 to $55,000 with loan terms from 1 to 7 years.
  • Fixed or variable interest rate options.
  • If you've made extra payments you can redraw them at any time (variable rate loans only).
  • Repayments work out to be $85 per week3 based on a Fixed Rate loan of $20,000 over 7 years (13.34%p.a. comparison rate4).

Choose flexible repayment options

  • Choose from weekly, fortnightly or monthly repayment option to suit your budget and needs.
  • Make lump sum repayments whenever you want at no extra charge.
  • Pay off your loan early without fees.

Quick document acceptance online

  • We know your time is important, so to make it easy, you can accept your loan documents in NAB Internet Banking. No more waiting in a queue at a branch or printing and signing documents.

Apply now for your car loan

Discover more


​Tips on paying for your new car

How to get behind the wheel – sooner than you might think.
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​Cost saving tips for running your car

How to reduce any unnecessary car expenses.

​Things to ask a car dealer

​Questions you should ask before applying for car dealer finance.

After more?

Dog in a car

NAB Personal Overdraft

Access extra cash on the fly through your NAB transaction account up to an approved limit.
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NAB Reward Saver

Grow your savings faster with bonus interest for regular deposits and no withdrawals. View disclaimer 1
Couple in a car

Car insurance

Don’t be caught without car insurance. With NAB Car Insurance cover choices, you can select a level of cover you’re comfortable with that fits within your budget.

Important information

1Headline rates, interest rates and information current as at 14th March 2020 and subject to change. Terms, conditions, fees, charges and lending criteria apply.

2Only available to existing customers. Completed applications (including all supporting documentation) must be submitted in-store by 2pm Monday – Friday. Same day funds will be unavailable if your loan purpose is to refinance non–NAB debts or if NAB requires your application to be reviewed by a lending specialist. Please speak to us to find out more.

3Based on a fixed and variable loan of $20,000 over a term of 7 years at the Fixed and Variable Headline Rate of 12.69% p.a. (13.34% p.a. comparison rate4). Terms, conditions, fees, charges, exclusions and lending criteria apply.

4Comparison rate calculated on an unsecured loan amount of $30,000 over a term of 5 years based on monthly repayments.

5The following Visa categories are NOT acceptable: Visitor Visa (exception, a Special Category Visa - NZ Citizen is acceptable), Working Holiday, Student, Exchange/gap year, Transit/short stay/seasonal, and Bridging.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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