Why choose an RACQ Bank New Car Loan?

When you’re investing in a new car it makes sense to get a car loan from a bank you trust; that’s where we come in. At RACQ Bank we’re for you. Forget about rigid car loans you’re locked into for years. We’re different than that. Our new car loans are flexible and designed for you.

Whether you’ll be making fortnightly repayments, monthly repayments or extra repayments – you can have a loan that suits your life. Enjoy your new car with finance you know you can count on.

  • Low fixed rate
  • Flexible repayments
  • Unlimited extra repayments with no penalty
  • Easy online application
  • No deposit
  • No account keeping fees
  • RACQ member discounts

Interest rates and fees

Get more for your money with car finance from RACQ Bank. Save with our low interest rates and put your money towards what’s really important.

New Car Loan (under 2 years old)

6.17 % p.a Fixed Rate
6.72 % p.a Comparison Rate

New car loan calculator

Want to know what your car will cost? Our car loan calculator can tell you what you’ll be paying over your set term and what your repayments will be.

Tips for buying a new car

We’ve been helping Australian motorists for over 100 years. When you’re looking at buying a new set of wheels, know we’ll be with you every step of the way. Read our tips on buying a car today and enjoy your purchase into the future.

  • Know your budget
  • Do your research
  • Buy at the end of the month
  • Negotiate on price
  • Use a car broker