Important disclosure

The Mac Car Loans

The Mac car loans are available to make sure you don’t have to wait until your savings add up. Want to know the best bits? You can get low-interest cash of up to $100,000 to buy that car you’ve been itching to drive, whether it’s new or used.

Get the application process underway by comparing offers and estimating your loan repayments below.

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Loan Amount



5 months

The Mac

New Car Loan

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With no ongoing fees, fast loan turnaround and pre-approval available, you’ll be cruising along an open stretch of road in no time.
The Mac

Used Car Loan

EST Monthly Repayment
Advertised Rate
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The Mac’s Used Car Loan is an easy solution to owning your dream car sooner. With low rates, pre-approvals and fast loan turnarounds, what are you waiting for? provides factual information in relation to financial products. While attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at time of publishing. The information published on is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with recommends that you read the relevant PDS or offer documentation before taking up any financial product offer. For more information please see's Terms of Use and Services Guide.

Minimum and maximum loan periods vary between 6 months and 10 years. Comparison interest rates vary between 6.55% and 19.07% p.a. Total interest repayments vary between $4,290 and $14,531 over the life of the loan. *Comparison rate is based on an unsecured loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

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The Mac car loans – Hit the open road sooner, not later

According to the Macarthur Credit Union, the story of its humble beginnings took off in 1971. Back then, the Clutha Employees Credit Union catered to the employees of the local coal mines in Camden. Today, The Mac’s reach has widened, together with its range of products and services, which includes The Mac car loans.

The Mac car loans are competitively priced and suitable for both new and used car buyers. Here’s the full breakdown.

The Mac car loans overview

  • Loan amounts. $1,000 – $100,000
  • Loan terms. Up to 7 years
  • Interest rates. From 4.99% p.a.
  • Security. Secured car loan
  • Pros. There’s a wide borrowing range of between $1k and $100K, which is more than enough to cover all types of dream vehicles.
  • Cons. The Mac only offers secured car loans, which means your car might be repossessed if you default.
  • Best for. Anyone looking to finance a new or used car and willing to offer that car as security for the loan.

Which auto loans does The Mac offer?

The Mac offers two types of car loans:

  • New car loan. This option is suitable for new cars, motorbikes, and caravans.
  • Used car loan. With this option, you can purchase any used car, motorbike, and caravan up to 4 years old. Generally, the older the vehicle, the higher the interest rate, which is why financing a used car with The Mac costs more than a new car.

The Mac personal loans are also suitable for used cars and things like debt consolidation, renovations, or a holiday.

Features of The Mac car loans

  • Flexible amounts and terms. The Mac’s car loans offer large amounts of up to $100k. Some lenders only offer up to $50K, so you’ll be able to do more if you borrow from this lender.
  • Extra repayments accepted. The Mac will allow you to make additional repayments on top of your minimum ones. What’s more, you don’t have to worry about extra repayment fees. If you make enough early repayments you can also close your account early and free of charge, saving you on interest costs.
  • Free redraw facility. Any extra repayments you make are available via redraw whenever you need cash down the line for unexpected expenses.
  • Pre-approval available. The Mac can make you an offer before you go car shopping, so you know which price range to consider. That means you also hold most of the power in any negotiation with your car seller.
  • Repayment flexibility. You can opt for a weekly, fortnightly, or monthly repayment frequency, depending on what suits your pay cycle.

Rates, fees, and charges

The Mac charges a $250 application fee and a $15 PPSR Registration fee for its car loans. Thankfully, that’s where it mostly ends. There’s no redraw fee, early repayment fee, or ongoing annual or monthly fee.

And if you make repayments as agreed, you won’t have to worry about dishonour fees. Additionally, The Mac car loans are as competitive as they come, especially if you’re financing a new car.

Qualifying for an auto loan from the Mac

During the car loan application, you’ll be asked for the following information:

  • Employment and income details
  • Details about your living expenses, any assets you own such as property, vehicle, shares, and any other debts you owe.
  • Details about your Australian driver’s licence and passport (only if you’re new to The Mac).

Keep in mind that applications are open to permanent Australian residents who are at least 18 years old and have a good credit score.

How to apply

The Mac’s online application process is quite simple.

  • Start by clicking “Go to Site” in the table above.
  • Then fill in the application form on The Mac’s website
  • If you’re approved and accept the offer, The Mac says you’ll get your funds in short order.

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