Let's help you hit the road faster. Get approval before you buy.
Fees & charges
Payment Handling Fee
|$1.50 per payment|
|Late Payment Fee||$35 if you don't make the minimum repayment by your agreed due date|
|Early Repayment Fee||No early repayment fee, so you can pay your loan off sooner at no extra charge!|
Eager to test drive but need to know your limits? Before zooming around town, work out what your repayments might be.Let's see my Repayments
Why choose a Gem Loan?
Know where you stand, with an interest rate that's fixed for the life of your loan.
Choose a repayment schedule that suits you - weekly, fortnightly or monthly.
Pay it faster and save
Save on interest by paying off more each month with our 'Pay It Faster' option.
No early repayment fees
We don't charge early repayment fees, so you can pay off your balance whenever you like.
Let’s talk car loan details
|Fixed rate||For the life of the loan|
|Loan amounts||From $2,000|
|Car age||Cars up to 20 years of age at the start of the loan (for secured loans only)|
|Repayments||Weekly, fortnightly, monthly|
|Loan terms||6 months - 7 years|
|No early repayment fees||Pay your loan off sooner, at no extra charge!|
Frequently asked questions
About my Gem Car Loan
Application and approval
Fees, charges and interest
^Rates range from 8.99% to 22.99% fixed p.a. for unsecured personal loans and from 6.99% to 18.99% fixed p.a. for secured personal loans. Your interest rate depends on your personal circumstances and credit history. The interest rate and repayment amount remain the same for the life of the loan. And if you choose to pay your loan off sooner, we will not charge you an early repayment fee.
Credit and lending criteria, and fees apply including a $240 establishment fee.
Example: A secured Gem Car Loan of $20,000 borrowed for three years with an interest rate of 6.99% fixed p.a. would equate to a total repayment amount of $22,268.16 (including a $240 establishment fee).