Car Loan

Imagine owning the car of your dreams...

People First Credit Union offers car purchase loans with competitive interest rates to get you on the road.

Quick turnaround times, easy applications and a team of professional local staff to make the whole process as seamless as possible.

We offer two different interest rates depending on the amount you borrow, so you won't have to worry about high interest when you borrow more.

Available for new or second-hand cars.
No transaction fees or early repayment penalties.
Professional, friendly service from our local team.
You own the car immediately when you purchase,
  • No deposit required.
  • No lump sum payment required.
  • No inflated payments.
  • Flexible, tailored payment schedules.
  • Free loan protection insurance, subject to criteria.
  • Option for repayments by direct debit.
  • Loans are based on your ability to repay, not solely on your savings.
  • Open Banking allows for easy, secure communication of financial documents.

 

 

Car Loan Up to €25,000

8.99% Interest Rate (9.37% Representative APR)

Representative Example

A loan of €12,000 over 3 years:

  • 36 monthly repayments
  • Repay €381.67 per month.
  • Total amount repayable is €13,739.21 (including cost of credit of €1739.21).
  • 9.37% APR
Representative Example

Examples provided are for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this example only provides an indicative quote and actual repayments may vary.

Monster Car Loan over €25,000

6.99% Interest Rate (7.22% Representative APR)

Representative Example

A loan of €28,000 over 6 years:

  • 72 monthly repayments
  • Repay €477.37 per month
  • Total amount repayable is €34,368.11 (including cost of credit of €6,368.11).
  • 7.22% APR.
Representative Example

Examples provided are for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this example only provides an indicative quote and actual repayments may vary.

Why wait to own the car you've been dreaming of? At People First Credit Union, our Car Purchase Loan puts you in the driver's seat right away! Unlike hire purchase agreements and other credit options, our loan allows you to take full ownership of your dream car from the start with competitive interest rates and convenient repayment terms. Rev up your ambitions and hit the road to success with our Car Purchase Loan.
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This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. Whilst every care has been made in the production of information, People First Credit Union, or any of its staff, cannot be held responsible for any errors. This calculator only provides an indicative quote and actual repayments may vary. Loans are subject to approval, terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears and this may affect your credit rating which may limit your ability to access credit in the future.

How do I apply?

  • 3 months bank statements (including Revolut if applicable)
  • 2 recent payslips (or other proof of income)
  • Valid Photo ID (Driving License or Passport)
  • Valid Proof of Address dated within the last six months (mobile phone bills not accepted)

Our lenders may request additional documentation in order to completely assess your application.

Open Banking allows for a faster approval and provides a more secure method of sharing your financial information.

This is an optional service. You will be provided with details of this on receipt of your application.

Apply online

Our easy online process takes you through the whole application.

APPLY NOW

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Face to Face

Come and chat with one of our financial advisors in any of our branches.

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Phone a Loan

Call our lending team to arrange an application.

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We've partnered with Allianz to give you discounts on your car insurance!

Get a quote online now and see how much you might save!

Loans are subject to approval. Lending criteria, terms & conditions apply.

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: For variable rate loans, the cost of your monthly repayments may increase.

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 People First Credit Union. It does not constitute a loan offer. People First Credit Union or its staff cannot be held responsible for any errors or omissions.