Driving the best Car Loan rates

Driving the best Car Loan rates

Whether you're thinking of changing your car or buying for the first time, come and talk to us in Sarsfield Credit Union.

Our Car Loan rate of 7.5% is one of the best on the market today and we can tailor a flexible and affordable repayment solution that suits your current circumstances.

Why a Sarsfield Credit Union Car Loan is different;

  • Own your own car from day one.
  • There are no hidden fees or transaction charges.
  • There are no balloon repayments.
  • There are no mileage restrictions.
  • Up to 3 Months Pre Approval.
  • Our interest rates are fair and reasonable compared to others in the market.
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment.
  • Your credit union loan is insured - subject to terms and conditions - at no direct cost to you. Other lenders charge for this.
  • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!

How do I apply for a Car Loan?

To get your Car Loan today, please choose one of the following options:

  • Dial a loan on 061 317910 (Press 1)
  • Call in to the branch and talk to our team - (please bring details of your income and expenses)

How do I apply for a  car loan?

For existing members

For fast approval of a standard loan please provide:

  • Proof of Income (3 most recent payslips or social welfare receipts).
  • 3 Months Bank Statements. (including the most recent transactions)
  • 3 Months Credit Card Statements.
  • Your consent to undertake an Irish Credit Bureau check with your loan application.

Loans are subject to approval. Terms & Conditions apply.

If you are not already a Member of Sarsfield Credit Union, you can easily open an account at our branch in Glentworth Street.

Please bring the following documentation with you:

  • Photographic ID (e.g. a current Driving Licence or Passport)
  • Proof of Address (e.g. a utility bill, government letter or bank statement dated within the last 6 months)
  • Proof of PPSN (e.g. Public Services Card, Medical/Drugs Payment Scheme Card, P60, P45, or correspondence from Revenue)
  • If not living in the area, proof of working in the area

Joining is Easy! It takes about 20-25 minutes.

To be eligible for membership of Sarsfield Credit Union you must fall into one of the following categories:

  • Live within our common bond area
  • Work in Limerick City
  • A family member who was a member of the Arch Confraternity
  • Live with a relative that is already a member

Representative Example

Typical Example: Weekly repayment of €46.12 with the interest rate of 7.5% (7.8% APR) based on a loan amount of €10,000 over a repayment period of 5 years. Cost of Credit €1,991.80.

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