Own Your New Car Outright – No Hidden Costs, No Surprises

Looking to finance a brand new car? With Altura Credit Union’s Promotional Car Loan, you’ll enjoy the peace of mind that comes from owning your car outright — right from the start. At a competitive rate of 6.9% (7.1% APR), this popular loan makes it easier than ever to get on the road with simple terms, flexible repayments, and no hidden costs.

Why Choose Our Promotional Car Loan?

• Low Interest Rate – Just 6.9% (7.1% APR)

• Flexible Terms – Borrow over a period of up to 5 years

• NO balloon payments

• NO early repayment penalties

When you’ve picked your new car from a dealership, we’ll transfer the funds directly to the dealer or issue a cheque in their name. This acts as proof of purchase and secures your promotional rate.

What You Need to Know

• Loan funds must be paid directly to the garage (by cheque or electronic transfer with invoice-provided IBAN and BIC)

• Proof of purchase required, such as an invoice or quotation from the garage

Buying Privately? We’ve Got You Covered.

If you’re buying your new car from a private seller, you can still apply.
You’ll start with our standard car loan rate of 9.25% (9.68% APR), and once you receive the log book, we’ll switch your loan to the promotional rate

Applications are subject to normal lending criteria

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future. **Loans are subject to approval. Terms and conditions apply. APR= Annual Percentage Rate

Apply Now

Apply online via Online Banking, call us on 0818 345 925 or speak to us in your local branch. 

You can complete an enquiry form if you would like a call back.