RACV Car Loans

Get over the hassle of running pillar to post getting your loans approved, paying high rates of interest and complicated repayment methods with RACV

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 Car Loan Offer

RACV New Car Loans


5.99 % p.a.

fixed rate


6.55 % p.a.

comparison rate

  • Low fixed interest rate
  • No ongoing fees
  • Borrow from $15,000
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100% confidential application

RACV Car Loan Offer

Featuring fast approval times, no monthly account fees and friendly service it could be worth your while comparing the RACV Car Loan.

  • Interest rate from: 5.99% p.a.
  • Comparison rate: 6.55% p.a.
  • Interest rate type: Fixed
  • Application fee: $399
  • Minimum loan amount: $15,000
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Rates last updated August 17th, 2018
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
RACV New Car Loans
From 5.99% (fixed)
1 to 7 years
A competitive rate car loan from RACV with no monthly fees and 5-hour loan approval.
RACV Used Car Loans
From 7.49% (fixed)
1 to 7 years
A competitive rate car loan from RACV with no monthly fees and 5-hour loan approval.

Compare up to 4 providers

  • Car Loan. This loan can be used for new cars. You'll receive a competitive rate of 5.99% p.a. and up to 7 year(s) to repay your loan. You can apply for a minimum of $15,000 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?

  • New car
  • Valued at over $15,000

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.

Car Loan Offers

Important Information*
IMB New Car Loan

Borrow up to $75,000 for a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.

Loans.com.au - New Car Loan

This car loan is for new cars and offers a low fixed rate and no ongoing fees.

Latitude Motor Vehicle Loan

Apply online to finance a new or used motor vehicle and receive a response in 90 seconds. You will receive a competitive tailored rate of between 6.99% p.a. to 14.99% p.a. based on your risk profile.

Stratton Finance New Car Loan

Apply for up to $100,000 and have up to 7 year(s) to repay. You can use cash or trade in a vehicle to use as a deposit.

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9 Responses

  1. Default Gravatar
    CatMay 12, 2016

    Hi, can I ask for personal loan of 100.000 and use it for holidays abroad? Thanks.

    • finder Customer Care
      ElizabethMay 12, 2016Staff

      Hi Cat,

      You can consider an RACV personal loan to use for a holiday, You can find out more about it on this page.

      Hope this helps,


  2. Default Gravatar
    CameronJanuary 27, 2015


    Buying a new Jayco camper and am looking to finance some of it. Does the 6.99 apply to Caravan loans also?


    • finder Customer Care
      ShirleyJanuary 28, 2015Staff

      Hi Cameron,

      Thanks for your question.

      Yes the RACV car loan can be used to finance the purchase of a caravan. Please note that the interest rate is ‘from 6.99% p.a.’


  3. Default Gravatar
    edoJanuary 20, 2014

    Hi, I’m currently on temporary business visa 457 (4 years visa) and I’m on the market for buying a car. What I want to know is do I eligible to get a loan from your company. Thank you

    • finder Customer Care
      MarcJanuary 21, 2014Staff

      Hello edo,
      thanks for the question.

      The eligibility requirements of this loan include that applicants are Australian residents or citizens for tax purposes.

      I hope this helps,

    • Default Gravatar
      edoJanuary 24, 2014

      Hi Marc,
      How can I apply for pre-approved car loan?

    • finder Customer Care
      MarcJanuary 28, 2014Staff

      Hi edo,
      thanks for the question.

      Not every lender will offer pre-approved car loans. You may wish to carry out an internet search for car loan lenders who offer pre-approval and then contact them for more information.


    • Default Gravatar
      edoJanuary 21, 2014

      Hi Marc,
      thanks for the answer.

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