Motor Loan

Car Loan

Would you like to own a brand new or classic car? We can help you to finance it. Own your car from the very first day, unlike Personal Contact Plan (PCP) where you will not own until the final payment has been made. Repayments can be spread to repay the cost over 7 years.

Loan Application Process

Step

1

Become a Member

Join Progress Credit Union and avail of numerous tailored benefits, outstanding cumstomer service and amazing community

Step

2

Calculate your Loan

Estimate how much you could borrow and calculate your repayments: weekly, fortnightly, or monthly using our online calculator

Step

3

Apply for Loan Online

Apply for your loan from the comfort of your home with our new online loan application. Upload all your loan documents through our mobile app - no paper no stress!

Step

4

Sit back and relax!

Voilá! You are done! Our team are now reviewing your application, we will be in touch shortly to confirm your loan application.

Our Approval Rate

We have secured a strong 99% approval rate!

We aim to provide a high quality lending service to our members so you can trust in your Credit Union for your lending requirements.

Calculate Your Loan Repayments

Apply for a loan today with interest rates that suit you!

Car Loan
Maximum Loan Amount :
Maximum Loan Term :

€

Required Term

Repayment Frequency
€
APR
6.75%
# Repayments
Total
Apply for Loan
€
APR
6.75%
# Repayments
Total
Apply for Loan
€
APR
6.75%
# Repayments
Total
Apply for Loan
€
APR
6.75%
# Repayments
Total
Apply for Loan

This calculator is 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 calculator only provides an indicative quote and actual repayments may vary.

The benefits of a Car Loan with us are

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Member Testimonials

“Ut faucibus pulvinar elementum integer enim neque volutpat. In fermentum et sollicitudin ac orci phasellus. Amet nulla facilisi morbi tempus. Lacus luctus accumsan tortor posuere ac.”

Gerry O'Donovan, Progress CU Member

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John McClean, Progress CU Member Read more

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Tony Daly, Progress CU Member Read more

Representative Example

A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.

Loan Amount

€5,000

Rate of interest - APR

6.75%

Loan Term

3 years

Total interest

€511

Montly Repayment

€267

Total Cost of Credit

€5,511

The requirements of a Car Loan

  • Become a member at Progress CU
  • Apply Online
  • Copy of 3 most recent payslips
  • 3 months of bank statements
  • Additional information may also be required

Ready to apply?

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