Car Loans

New Car Loan Options:  Great Rates to Suit your Budget!

We are delighted to Introduce a new range of car loan rates for our members, offering something for every kind of buyer!

 

Car Loan Option Loan Amount Loan Rate Loan Type
1. €5,000-€9,999 8.5% Separate Loan
2. €10,000-€19,999 7.5% Separate Loan
3. €20,000+ 6.5% Separate Loan
4. Any Amount 10.5% Standard Rate/ “Top-Up”

 

  • Invoice/Quote required from Car Dealership/garage
  • Loan can be drawn down up to 90 days after approval
  • No Penalties for early repayment or extra payments
  • Immediate Ownership of your vehicle
  • Special Rates 1-3 are not available as a Top-Up loan on a standard rate loan
  • Terms and conditions apply. Loans are subject to approval.

 

Sample Repayment

Loan Amount

 

€10,000
Loan Rate 7.5%   (7.79% APR)
TOTAL Cost of Credit €2,006.00
Total Amount Repayable €12,006.00
Weekly repayments over 5 years €46.00

 

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Sample Repayment:

For a €10,000, 5 year variable interest rate loan with 261 weekly repayments of €46.00, an interest rate of 7.5%, a representative APR of 7.79%; the total amount payable by the member is €12,006. Information correct as at 1st April 2018

 

Documentation Checklist:

  • 2 Current Payslips or Social Welfare Receipts
  • Current 3 Month Bank Statement for all loans €5,000+ above savings
  • Self Employed: 2 Years Set of Accounts + Tax Clearance Cert
  • Current Proof of Address – Utility bill etc dated within 3 months
  • Proof of PPS No.
  • Invoice/Quote required from Car Dealership/garage

 

If you would like a loan you can follow any one of these easy steps: