What sets RACQ car loans apart from the rest?

RACQ car loan rates start from 8.70%* (comparison rate 9.10%^p.a.) for new cars. When you have a car loan with RACQ you’ll save with our low interest rates and low fees – you can’t beat that!

Why you should choose RACQ car loans

• No ongoing monthly fees means you save
• Save time with quick and easy car loans
• Easy monthly or fortnightly repayments. You can even make extra repayments at any time
• Pre-approvals so you know in advance how much you’ve got to spend
• Fixed interest rates. You know exactly what your repayments are going to be over the term of the loan
• Enjoy friendly service from our experienced finance consultants
• Over the phone and online applications

Apply now

Call 1300 361 316 to speak to a finance consultant today.

Frequently asked questions

What are your fees and charges?

RACQ car loans have no ongoing monthly fees. There is an initial application fee to cover the loan set up. If you would like to know more about this and any other fees which may occur during the life of your car loan please contact RACQ Finance on 1300 361 316.

What information do I need to supply for an application?

When assessing your application for a personal loan, we take many factors into account. You will need to provide proof of your identity and of your ability to repay the car loan, including current pay advice or group certificate. Other details like proof of housing, ownership or rental, employment history, references and credit history are requested during the car loan application process. Apply online today!

Will my interest rate change?

No, your interest rate is fixed for the term of your car loan. So, from the very start of your loan you will know exactly what your repayments are going to be over the term of the loan.

Do I get a discount if I am an RACQ member?

RACQ members receive 1% p.a. off the standard base rate. This discount does not apply to the new car special rate for car loans. Not a member? Join the club today to get 1% p.a. off your car loan!

How long does it take?

In most cases, we will be able to advise the outcome of your application for a car loan within 24 hours. We try to make the whole process as quick and simple as possible.

Does RACQ only finance specific makes of vehicles?

We finance most new and used vehicles of various makes and ages. This includes caravans, watercraft and motorcycles. Contact RACQ Finance on 1300 361 316 to find out more.

Need more information on RACQ car loans?

Call RACQ Finance on 1300 361 316 for more information.

* Conditions, fees and charges apply

Car loans from 8.70% p.a. - Terms and Conditions:

8.70%* p.a. (comparison rate 9.10%^ p.a.)

• * Terms and Conditions apply to Member Discount.
• * Conditions, fees and charges apply. 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. 8.70% p.a. (comparison rate 9.10% 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.