Predominantly a motoring club, the RACV or Royal Automobile Club of Victoria now provides roadside assistance, car and personal loans, vehicle, home and travel insurance. Their services include driving instruction, tourism and home security products.
With one membership card, you open up a large number of possibilities for channeling your money the right way and not missing out on even a cent of savings. It's not just a one stop shop for buying your car but also getting all the associated services in place.
RACV New Car Loans
RACV New Car Loans
Low fixed interest rate
No ongoing fees
Borrow from $5,000
100% confidential application
RACV New Car Loans
Featuring fast approval times, no monthly account fees and friendly service it could be worth your while comparing the RACV Car Loan.
Car Loan. This loan can be used for new cars. You'll receive a competitive rate of 5.69% and up to 7 years to repay your loan. You can apply for a minimum of $5,000 and find out if you've been approved within five business hours. There are also no ongoing fees.
Is your car eligible to be used as security?
Valued at over $5,000
How you can apply for a Car Loan with RACV
Applying for a car loan is simple. To get started, click "Go to Site" to get your online application started. First, make sure you meet the eligibility criteria outlined below:
Be over the age of 18
Be an Australian citizen or permanent resident
Have a good credit rating
Have stable, ongoing employment
When you apply you will need to provide the following information:
An Australian driver’s licence or some sort of proof of your identity
Your employer’s details including name, address and contact information
Your own financial details including information regarding your assets, expenses, debts and income
You'll usually find out if you've been approved within five working hours, and after you've signed the paperwork you can receive your funds within 24 hours.
Matt Corke is the head of publishing in Australia for Finder. He previously worked as the publisher for credit cards, home loans, personal loans and credit scores. Matt built his first website in 1999 and has been building computers since he was in his early teens. In that time he has survived the dot-com crash and countless Google algorithm updates.
You'll receive a fixed rate from 5.69% p.a. A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees. Note: Product only available to residents of Victoria.
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