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
From
7.29 %p.a.
fixed rate
From
8 %p.a.
comparison rate
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 7.29% 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?
New car
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.
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Want to buy a classic car but don't have the ready money? There are still financing options available for classic vehicles. Find out what loans you have to choose one and which one will work best for you.
If you've come to the end of your novated lease and you are left with a balloon payment, you might be wondering whether to refinance that into a personal loan or take on another novated lease.
If you've been wanting a boat but didn't know where to start, read up a range of boat loans you can apply for. Secured and unsecured options are available and you could have the funds the next business day.
You can still get a car loan if you want to finance a used car. Find out how you can get a used car loan and see what rates are available for the used car you want. Learn how to best compare lenders and apply for your loan today.
Finding the right car loan shouldn't be as hard as finding the right car. Get a loan that will give you pre-approval so you can go shopping with the right amount of funds.
Hi there,
Are the same rates (car loan rates) applicable for purchasing a bike? Wanting to buy a used motorcycle. Thanks.
Cheers,
D
Finder
JohnOctober 16, 2018Finder
Hi Dave,
Thank you for leaving a question.
Bike rates are different from car loan rates but you may do a comparison by visiting our page for motorcycle loans which gives you the providers that could assist you on this. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have. Hope this helps!
Cheers,
Reggie
CatMay 12, 2016
Hi, can I ask for personal loan of 100.000 and use it for holidays abroad? Thanks.
Finder
ElizabethMay 12, 2016Finder
Hi Cat,
You can consider an RACV personal loan to use for a holiday, You can read our RACV personal loan review for more details.
Hope this helps,
Elizabeth
CameronJanuary 27, 2015
Hi,
Buying a new Jayco camper and am looking to finance some of it. Does the 6.99 apply to Caravan loans also?
Cheers
C
Finder
ShirleyJanuary 28, 2015Finder
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.’
Cheers,
Shirley
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
MarcJanuary 21, 2014Finder
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,
Marc.
edoJanuary 24, 2014
Hi Marc,
How can I apply for pre-approved car loan?
Finder
MarcJanuary 28, 2014Finder
Hi Edo,
Thanks for the question.
While not every lender will offer pre-approved car loans, you may refer to our guide on car loans that offer pre-approval and then contact them for more information. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
Cheers,
Marc
edoJanuary 21, 2014
Hi Marc,
thanks for the answer.
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Hi there,
Are the same rates (car loan rates) applicable for purchasing a bike? Wanting to buy a used motorcycle. Thanks.
Cheers,
D
Hi Dave,
Thank you for leaving a question.
Bike rates are different from car loan rates but you may do a comparison by visiting our page for motorcycle loans which gives you the providers that could assist you on this. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have. Hope this helps!
Cheers,
Reggie
Hi, can I ask for personal loan of 100.000 and use it for holidays abroad? Thanks.
Hi Cat,
You can consider an RACV personal loan to use for a holiday, You can read our RACV personal loan review for more details.
Hope this helps,
Elizabeth
Hi,
Buying a new Jayco camper and am looking to finance some of it. Does the 6.99 apply to Caravan loans also?
Cheers
C
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.’
Cheers,
Shirley
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
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,
Marc.
Hi Marc,
How can I apply for pre-approved car loan?
Hi Edo,
Thanks for the question.
While not every lender will offer pre-approved car loans, you may refer to our guide on car loans that offer pre-approval and then contact them for more information. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
Cheers,
Marc
Hi Marc,
thanks for the answer.