Loan Rates and Offers

*Conditions, fees and charges apply. RACQ Loans are provided by R.A.C.V. Finance Ltd ABN 82 004 292 291 Australian credit licence 391488 and are subject to R.A.C.V. Finance lending criteria. RACQ Operations Pty Ltd ABN 80 009 663 414 credit representative number 364451 is an authorised representative of R.A.C.V. Finance Ltd ACL 391488.  RACQ Members receive 1% p.a. discount off their loan rate only. Member discount does not apply to the new car special rate. Settlement of the RACQ Finance loan contract must occur on or prior to 30 June 2013. Offer cannot be redeemed for cash or other goods & services. Rates subject to change without notice.

^Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. Warning – This comparison rate applies only to examples given. Different amounts and terms will result in different comparison rates. Costs such as a redraw or early repayment fees and cost savings such as fee waivers are not included in the comparison rate, but may influence the cost of the loan. All loans are subject to RACV lending criteria. 7.45% p.a. (comparison rate 7.86% p.a.) is a new car special rate available to approved applicants who are home owners or home buyers approved for loan amounts over $15,000. Member discount of 1% p.a. off your interest rate does not apply to the new car special rates. The current rate advertised is subject to change.
We now need to include all of the above plus the new disclaimer for the used car rate as follows,

^#Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. Please note, this comparison rate applies only to examples given. Differences in the loan amount and loan term will result in a different comparison rate. Costs, such as those relating to redraws or early repayments and savings such as fee waivers, are not included in the comparison rate, but may influence the cost of the loan. All loans are subject to RACV lending criteria. The advertised rate of 10.25% p.a. (comparison rate 10.67% p.a.) is a used car special rate available to approved applicants who are home owners or home buyers approved for loan amounts over $20,000 and who are purchasing a used vehicle under 3 years of age at the time of application. A different vehicle age and different customer circumstances will result in a different interest rate (and comparison rate). The member discount of 1% p.a. off your interest rate applies to the used car rate only. The current rate is available for applications made for a RACQ Finance Loan application made on or before the 30 June 2013 that result in a settled loan before 30 September 2013.  Rates after the 30 June 2013 are subject to change.