GREAT FEATURES APPLICABLE TO YOUR VEHICLE OF CHOICE.
At BRED, we provide options to enable you to drive in financial comfort and reach your destination with ease.
Interest Rates
Enjoy lower rates for shorter loan terms, helping you save on interest and pay off your car faster. Prefer a longer term? Benefit from affordable monthly payments that fit your budget while driving your dream car.
| Rate % p.a | Term |
|---|---|
| 6.25 % | 2 years |
| 6.75 % | 3 years |
| 7.25 % | 4 years |
| 7.75 % | 5 years |
| 8.25 % | 6 years |
| 8.75 % | 7 years |
Loan Term
- New Vehicles – up to 7 years
- Unregistered Second hand or Second-hand registered vehicles – up to 5 years
Mandatory Conditions
- 12 months in employment
- Vehicle will only be financed for private use
Equity/Deposit
Brand New Vehicles
- 0% equity for executives where single annual gross income is greater than $50,000 and BRED Home Loan Customers
- 10% for others
Equity – Unregistered Second hand import
- 0% equity for BRED Home Loan Customers
- 10% for others