Low Rate
Our Car Interest Rate is from Variable 6.75% (6.96% APR)*.
Easy Application
Start Your Application Online.
Join & Apply
No Waiting For New Members
Borrow Up to €75,000
Finance New or Used Cars.
Car Loan
Key Features
Why a Credit Union Loan?
- We finance new or used vehicles
- Borrow from us and own your car from the start
- Drive when and where you like with no mileage limits
- Our low car loan variable rate is from 6.75% (6.96% APR)*
- No penalty for early repayment of your loan
Our Green Car Loan is from Variable 5.90% (6.06% APR)*.
Contact us and see if we can help!
Loan Calculator
The information provided on this Calculator is for information purposes only and does not constitute an offer of credit or any form of advice, recommendation or arrangement by the Credit Union. The calculation is based on limited information provided by you, a credit decision will require further information and full underwriting.
Disclosures
*APR (Annual Percentage Rate): Maximum Variable 9.5% (9.92% APR)*
Loan Term Options: Repayment terms of 1 – 7 years. No penalty charges for early repayment. Used cars over 2 years old have a maximum term of 5 years.
Fees and Charges Disclosure:
- No hidden fees or set-up costs.
- No upfront repayments.
- No transaction charges.
Contact Information:
Phone:01 286 2624 Email:loans@eastcoastcu.ie
Consequences of Non-Payment:
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.
Warning: Possible fluctuations in the interest rate could affect the amount payable.
Representative Example:
Car Loan Rate: A loan of €15,000 over 5 years with 60 monthly instalments costs €295.25 per month at a variable interest rate of 6.75% (Annual Percentage Rate (APR) 6.96%). The total interest you pay is €2,715.00. The total amount you pay is €17,715.00.
Standard Loan Rate: A loan of €3,000 over 3 years with 36 monthly instalments costs €96.10 per month at a variable interest rate of 9.5% (Annual Percentage Rate (APR) 9.96%). The total interest you pay is €459.60. The total amount you pay is €3,459.60.
You must be a member of East Coast Credit Union to be granted a loan. To become a member you must live or work within our common bond.
Loans are subject to approval.
Terms & Conditions Apply – Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at East Coast Credit Union. It does not constitute a loan offer.