Macquarie Consumer Car Loan
The Macquarie Leasing Consumer Car Loan is suitable for customers acquiring passenger cars used wholly or predominantly for personal use. The product is governed by the National Consumer Credit Protection Act.
Consumer Car Loan Parameters
Loan amount $10,000 – $150,000
Term 12 – 60 months
Vehicle age Maximum vehicle age at maturity is 9 years
Loan establishment fee $350
Monthly account administration fee $5.50
Payments Monthly arrears or advance
Payment method Direct debit*
Consumer Car Loan Final Balloon Payments
Final balloon payments may be scheduled into the loan where it is not unsuitable for the customer. Only customers assessed by Macquarie as appropriately credit-worthy will be approved for final balloon payments in accordance with these guidelines:
12 – 36 month terms Up to 40% final balloon
37 – 48 month terms Up to 35% final balloon
49 – 60 month terms Up to 25% final balloon
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