| Fees payable to BEAT |
| Application fee from |
$330 |
The cost for setting up your loan account, which is payable at settlement. |
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| Fees that you will pay the Government |
| Government charges & stamp duty |
Different states have different charges |
Various government fees apply to vehicle loans. We can include these charges in your loan. |
| Motor registration fees |
Different states have different charges |
We can include these charges in your loan. |
| |
| Fees payable to BEAT during the loan |
| Monthly fee |
$5 |
Covers the ongoing administration of your loan and is included in your monthly repayment amount. |
| |
| Fees that you may have to pay BEAT |
| Account statement fees |
$10 |
Payable whenever we receive a request for information about your loan account and we give the information in writing. |
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| Fees which apply if you don't make your repayments |
| Default admin fee |
$25 |
If you fail to make a repayment on time. |
| Dishonour fee |
$25 |
If you make a payment (such as a direct debit) that is dishonoured. |
| Default rate |
2% |
If you fail to make scheduled payments on time. |
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| Fees which may apply when you pay out your loan |
| Break costs |
Variable |
Payable if you pay out the loan early. |
| Pay out figure statement fee |
$10 |
If you request a written statement of the amount needed to pay out your loan. |
| Discharge admin fee |
$125 |
Payable when the loan is repaid in full. |
| Rebatable predetermination fee |
$245 |
Payable if you pay out the loan early. |
