An RACQ Bank Car Loan makes it easy to get the car you want. Whether family, fun, or fuel efficiency is driving your next purchase, we’re here to make it happen. Plus, you’ll receive the same low interest rate and flexible payment options for new or used cars.
For a full list of fees and charges refer to the Loan Fee Schedule
We offer flexible car finance options, including:
You can apply for an RACQ Bank Car Loan online anywhere, anytime. Our secure streamlined car loan form takes approximately 15 minutes to complete and submit. Once we receive it, we'll kick-start the process for you.
To apply you will need:
We'll review your car loan application and call you back as soon as possible. When we touch-base we'll let you know what supporting documents we need to complete the process.
We'll review everything you've provided and confirm if your car loan application has been successful.
Congratulations! If successful, we'll provide some paperwork for you to complete and send back, then we'll make the funds available after we’ve received all documentation.
We’re run by Queenslanders for Queenslanders.
RACQ has been serving members for over 117 years.
Need help or would like to know more? RACQ Bank offers many convenient ways for you to get in touch with us.
Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.
Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
Comparison rate calculated on a secured loan amount of $30,000 over 5 years based on monthly repayments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Rates current as at 21 November 2023 and subject to change at any time.
Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the PDS and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.
^Excludes pay later option. Discount amounts may be pro-rated for cover of less than 12 months.
RACQ Bank Car loan available for new lending only.