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No ongoing fees.
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No monthly account keeping fees.
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No penalty for additional repayments.
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No penalty for early loan payout.
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Fast loan approvals – within 7 working hours (Monday to Friday, 8.30am to 5.00pm).
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Receive the cheque at your convenience within 24 working hours.
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Purchase a car with an RAC Car Loan and receive a refund on the vehicle inspection fee.
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Members get 2% p.a. off the standard interest rate and receive a reduced establishment fee.
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Not a member? You can become a member by taking out Affiliate Membership from as little as $20, or Roadside Assistance Membership from as little as 22 cents a day. (The first year’s fees for Roadside Assistance Membership can be included in your loan, sign up when you apply, and we'll waive the joining fee.)
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Choose from a loan term ranging from 1 to 7 years.
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Flexible repayment options – make repayments monthly or fortnightly.
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Easy repayment methods – Bpay, direct debit, cash, cheque, or visit an RAC Member Service Centre.
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The interest rate is fixed over the term of the loan ensuring your repayments will not increase if official interest rates increase.
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Loans from $3,000 for new and used vehicles.
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Pre-approvals are available – know how much you can borrow before you go car shopping!
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