Car Loan

Car Loan

8.95% (9.35% APR)

About Our Car Loans

Whether it is your first set of wheels, a brand-new car or a used classic – our car loans can help you finance your vehicle. Funds are paid directly to the car dealership or alternatively proof of purchase required to apply for a car loan. No balloon payment, no deposit necessary and you own your car from day one.

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Explore our Loans

We have the right loan to suit you

1

Become a Member

Once you are living, working or studying within our common bond you are eligible to join us today and start borrowing.

2

Calculate your Loan

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

3

Apply for Loan Online

Apply for your loan from the comfort of your home. The application process is easy and quick.

4

Sit back and relax!

The decisions are made quickly on loan applications

Loan Calculator

Apply for a loan with interest rates that suit you!

Car Loan
Maximum Loan Amount :
Maximum Loan Term :


Required Loan Term

Repayment Frequency
APR
9.35%
Repayments
Total
Total Cost
APR
9.35%
Repayments
Total
Total Cost
APR
9.35%
Repayments
Total
Total Cost
APR
9.35%
Repayments
Total
Total Cost

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.

Representative Example

The example will help to show you the typical costs associated with a loan

Loan Amount

€5,000

Rate of interest - APR

9.35%

Loan Term

3 years

Total interest

€720

Monthly Repayment

€95

Total Cost of Credit

€5,720

Discover Our Greenify Car Loan Rate!

Electric Vehicle Loans

The Greenify Car Loan 5.5% (5.6% APR) is a lower rate available for Electric Vehicles. This includes fully electric cars, plug-in hybrids (PHEVs), EV chargers, electric motorcycles and electric bikes.


Please note: If the vehicle is a standard hybrid or a “self-charging” hybrid (HEV), and does not have a plug-in option, it would instead qualify for our regular (previous) Green Car Loan rate of 6.5%, 6.7% APR.

Our Benefits

The benefits of borrowing from us

We offer loans ranging from €150 to €150,000

You can easily apply for a loan in-person at the office or directly through the website or mobile app.

No early repayment fees and no hidden fees or charges.

Repayments are flexible and tailored to suit the individual borrower's needs.

Interest is charged only on the outstanding reducing balance

Loans are based on the ability to repay and not only on savings in the Credit Union.

Loan Protection Insurance is free for members (subject to T&Cs)

You can have more than one loan at the same time

Please note that all loan applications will be subject to a CCR (Credit Report) check.


Loans are subject to approval, Lending Terms & Conditions Apply. Warning: If you do not meet your repayments on your loan, your account will go into arrears. This may limit your ability to access credit in the future. Donore Credit Union Limited. is regulated by the Central Bank of Ireland. Reg. No: 133CU.