Car Loans

Looking for an upgrade, a hybrid, fully electric or your very first car?


If you’re looking for new wheels, look no further than St. Canice’s Credit Union for a straightforward car loan.  Whether you’re a young driver looking for your first car, upgrading to a spacious SUV or an eco-friendly electric or hybrid vehicle we’ve got you covered. We understand that buying a car is a significant investment and that’s why we offer flexible and affordable financing options.  So, if you’re looking to buy a new or used vehicle, we have a loan that fits your budget.  Plus, with our great rate for loans over €20,000, you can enjoy even greater savings. You’ll also be in very good company – members borrow over €2,000,000 each month to buy both new and second hand cars.

Choosing the right car is important and that’s why we’re proud to offer car loans with a range of perks that makes us stand out from the rest.  We have no admin or set up charges associated with our loans which means you can borrow knowing that there are no hidden fees lurking in the fine print.  Furthermore, unlike lease agreements, you own your car so there’s no need to worry about mileage restrictions or wear and tear penalties like with PCP. We understand that life can be full of surprises and sometimes personal circumstances change and that’s why we offer the flexibility of early loan repayment without any penalties, which means you have the freedom to pay off your loan ahead of schedule and save on interest.  Best of all, your loan is protected at no extra cost, meaning the premium for this insurance is paid by the credit union, giving you extra confidence that a loan from the credit union is the smart choice.

If you’re looking to embrace a greener option and are considering buying a hybrid or electric car, we go the extra mile to support your more sustainable journey as you can add the cost of a home EV charger to the value of your loan.  With this added benefit you can install your own charge point, enjoy the convenience of recharging your car at home and when you get your EV Home Charger grant; pay that off your loan.

Applying for a car loan is quick and hassle free.  Members can apply online using the fully automated application and pay out option, via our App, by phone or in any of our 9 branches.  Our loans team is committed to assisting you with every step of your car purchase journey; offering expert guidance, a prompt response and a personal service that you can trust.

Here’s why a credit union loan makes sense:

  • A Car Loan is a straight forward loan with regular repayments over an agreed term. There are no administration fees or hidden charges.
  • Unlike a PCP agreement you own the car from the outset and there are no surprise balloon payments.
  • With a Car Loan you can also pay the loan off early, make lump sum repayments or increase your regular repayments without penalty.
  • As your repayments are calculated on a reducing balance with a  Car Loan you pay less interest.
  • Our current Car Loan variable interest rate is very competitive. Click here to access our Car Loan Calculator

Borrow over €20,000 and avail of our discounted Great Rate Loan at 6.2% (APR 6.38%)

Repayment Examples: 
A loan of €9,000 repayable over 3 years would have 156 weekly repayments of €65.10.
Total interest payable: €1,155.14. Total amount repayable: €10,155.14.
Figures correct as of August 2023 based on a Car Loan with a variable rate of 8.2%, representative 8.5% APR.

A loan of €20,000 repayable over 4 years would have 208 weekly repayments of €109.00.
Total interest payable: €2,573.45. Total amount repayable: €22,573.45.
Figures correct as of August 2023 based on a Car Loan with a variable rate of 6.2%, representative 6.38% APR.

Interested? If you are a member and would like to apply, simply:

  • use your online account to apply straight away
  • call us on 056 7722042 for a quick phone loan
  • drop in and apply in any branch
  • email or
  • fill out the quick Loan Enquiry Form.

If you’re not already a member, get in touch and we’ll take it from there.