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Loans Car Loan

Apply for a Car Loan now!

Our car loan provides a fantastic rate for anyone looking to get on the road or to upgrade their current car. The main difference between using a car loan from Douglas Credit Union and a hire purchase agreement to buy a car is that with Douglas Credit Union you borrow money, pay for your car, and own it immediately.

When you use a hire purchase agreement, the motor dealer sells the car to the finance company. The finance company rents the car to you for an agreed period of time in return for a monthly repayment over a number of years. During the Hire Purchase Agreement, you use the car but the finance company actually owns it. At the end of the agreement, the finance company passes ownership of the car to you, provided you have made all the repayments. You don’t own the car until you make the last repayment. This means you cannot sell the car if you run into problems making your repayments.


Car Loan Rate 7.9% (8.2% APR) Variable Rate of Interest Per Annum

Loan Amount Over 5 Years:

261 Weekly Repayments Of:

Cost of Credit:

Total Amount Repayable:



€15,000

€46.56

€2104.51

€12,104.51



*Figures correct as of 26/05/2017 Check out our Loan Calculator


Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Douglas Credit Union Limited is regulated by the Central Bank of Ireland.

Douglas Office
  • Tel:
  • Fax:
  • Email:
  • Web:
  • 021 489 4555
  • 021 489 4733
  • www.douglascu.ie
  • Douglas Credit Union Limited West Douglas, Cork
Opening Hours
  • Mon, Tues, Thurs & Fri: 9.30am - 5pm
  • Wed: Closed
  • Sat: 9.30am - 12.30pm
Grange Office
  • Tel:
  • Fax:
  • 021 489 0355
  • 021 489 0367
  • Unit 3, Supervalue S/C, Grange Road,Douglas, Co. Cork
Opening Hours
  • Mon, Tues: Closed
  • Wed, Thur, Fri: 9.30am - 5pm
  • Sat: 9.30am - 12.30pm
Passage West / Monkstown Office
  • Tel:
  • Fax:
  • 021 484 1317
  • 021 486 3084
  • Chapel Square, Passage West, Co. Cork
Opening Hours
  • Mon, Tues, Thurs & Fri: 9.30am - 5pm
  • Wed: Closed
  • Sat: 9.30am - 12.30pm
Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears.
This may affect your credit rating which may limit your ability to access credit in the future.
Douglas Credit Union Limited is regulated by the Central Bank of Ireland. Reg No. 46CU