Why choose an RACQ Bank Used Car Loan?

Choose an RACQ Bank Used Car Loan and make your money go further. Our loans offer competitive interest rates, no account keeping fees and flexible repayments so you can fit your loan into your life. When getting the most bang for your buck matters, choose a bank you can trust.

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

Interest rates and fees

Finance your car with a used car loan from RACQ Bank. Enjoy low interest rates and save on car maintenance, account fees, establishment costs and more.

Used Car Loan (over 2 years old)

8.95 % p.a Fixed Rate
9.52 % p.a Comparison Rate

Used car loan calculator

Know what you can afford before you buy. Our online calculator shows you exactly what you’ll be paying over your set loan term so you can hit the sales yard with confidence.

Tips for buying a used car

When you’re buying a used car it’s good to be a savvy shopper. We’ve got tips on how to get the best deal on a pre-loved car.

  • Do your research
  • Take it for a test drive
  • Know your budget
  • Check the car’s history
  • Get a vehicle inspection
  • Research recent sales
  • Haggle on price