New Car Loan

If you’re looking to buy a new car, shop with confidence with a Gateway New Car Loan. With loans up to $75,000 you’ll have the confidence of knowing what you can spend, and give you the upper hand when negotiating with the dealership.

Our New Car Loan, for cars up to 12 months old, provides you the flexibility to buy a brand new car with all your specifications or strike a deal on an ex-demonstrator. Buy the car you want by paying it off over the life of your loan, instead of only what you can afford upfront right now, with no deposit required so you can borrow 100% of the vehicle purchase price, and no penalty for any extra repayments you make.

Whether you’re upgrading your car for a growing family or something a little sportier, or downsizing to something a little more economical or wanting a car that’s more friendly on the environment - Gateway’s New Car Loan can help.

Gateway’s New Car Loan offers great rates and flexible loan terms up to 7 years, enabling you to fund your new car in a way that best suits your financial position.


Buying a new car is a great time to review your insurance and see if you could be saving on your insurance premium. As a Gateway member you can receive a discounted car insurance premium with CGU Car Insurance.


Want to apply online for a Gateway Bank New Car Loan? Here are the things you’ll need:

  • The details of the car you wish to purchase
  • Your living expense figures
  • Details of your assets, income and liabilities
  • Statements for the last 3 months for your assets & liabilities
  • Your last payslip or evidence of income statement


Want more value? If you’d rather avoid the stress of dealerships all together, you can take advantage of our FREE car broker service, that can help you find the perfect car for your budget. Simply arrange a call back to organise a broker, and drive away in your new car sooner.

Up to 12 months 7.04 % p.a. Interest rate 7.25 % p.a. Comparison rate

Product Features:

Car & Personal Loans
Interest Rate : 7.04% pa
Comparison Rate : 7.25% pa
Establishment Fee : $149
Monthly Fee : $0
Annual Fee : $0
Discharge Fee : $0
Minimum Amount : $3,000
Maximum Amount : $75,000
Maximum Term (Years) : 7
Redraw Facility : Yes
Redraw Fee : $0
Additional Repayments Accepted : Yes
Additional Repayments Fee : $0
Periodic Payments : Yes
ATM/EFTPOS Access : No
Branch Access : Yes

So many personal loans, so little time?

Compare all our personal loans to find your best fit.

How much will my repayments be?

Rates advertised apply to principal and interest repayment types only. Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. Applications for finance are subject our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.

Comparison rate is calculated based on a secured loan amount of $30,000 over a 5 year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.