SWS Bank Car Loans Review

We break down the fixed-rate car loans from SWS Bank, including fees, features and who they’re best suited for.

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South West Slopes Bank offers 4 different vehicle loans, depending on whether you want variable or fixed, or you're after a commercial vehicle.

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Updated regularly
Product Finder Score Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
SWS Bank 5 Year Variable Interest Vehicle Loan
Variable1 - 5 Years $1,000 - $200,000
SWS Bank logo
Finder Score
9.9 Excellent
Interest Rate (p.a.)
5.79%
to 5.79%
Comp. Rate (p.a.)
5.79%
to 5.79%
Application Fee
$0
Monthly Fee
$0
Monthly Repayment
$909.81
More info
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Finder Score for car loans

To make comparing car loans even easier we came up with the Finder Score. Interest rates, fees and features across 200+ car loan products and 100+ lenders are all weighted and scaled to produce a score out of 10. The higher the score, the more competitive the product.

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South West Slopes Bank lender profile

  • Formed in 1972, SWS Bank was founded by employees from various councils in the South West Slopes region of NSW.
  • Today South West Slopes Bank has over 15,000 members, with branches in Young, Temora, West Wyalong and Cootamundra.
  • South West Slopes Bank also offers insurance, saving and deposit accounts, home loans, personal loans, financial education services and green loans for energy efficient products.

What do I need to know about SWS Bank’s car loans?

  • Fees: None of the bank’s car loans have application, account or establishment fees.
  • Borrowing amounts: You can borrow up to $200,000 for all of its car loans.
  • Redraw facility: Its loans offer a free redraw facility.
  • Car age: SWS lends for cars less than 3 years old.
  • Loan term: Repay over 5 or 7 years, with a lower interest rate for the 5 year term.
  • Additional repayments: You can make extra repayments towards your loan at no extra cost.
  • Internet banking: Keep on top of your remaining loan balance through internet banking.

How do I apply for a SWS car loan?

You can apply for a car loan online or in a local branch.

To be eligible you will need to:

  • Be over 18 years old.
  • Be living in Australia.
  • Be an Australian citizen or permanent resident.
  • Become a member of SWS Bank.

During the application process you will need to provide details of your income and any other debts.

Compare other products from South West Slopes Bank

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Written by

Senior Money Writer

Rebecca Pike is Finder’s senior money writer, with over 10 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise, A Current Affair, 9News, and Sky News, and contributes expert analysis to publications like Yahoo Finance and The Latch. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise
Rebecca has written 234 Finder guides across topics including:
  • Home loans
  • Cost of living
  • Budgeting
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