How much can I borrow for my car loan?

RACQ Bank Car Loans allow our members to apply for loans up to $100,000. Maximum term of 7 years for a new car loan or 5 years for a used car loan (car must not be older than 12 years at the end of the loan term) applies.

The borrowing amount you qualify for depends on your individual circumstances, such as employment history, verification of documents, and credit score.

RACQ Bank Green Car Loans allow our members to apply for loans up to $150,000. Maximum term of 5 years for a new car loan or used car loans (car must not be older than 12 months old).