Important disclosure
Calculate your repayments for this loan
Your estimated repayment
$598
based on $30,000 loan amount for 5 years at 7.29%
Pros and cons
For New Vehicle Fast Loan Low Rate
Benefits
- Lower than average rate
- No ongoing fees
- Flexible repayment options
- Can apply online
- Fast time to funding
Drawbacks
- Higher than average application fee
- Limited to new cars
- Cannot apply in branch
NRMA Car Loans Rate Car loan overview
For New Vehicle Fast Loan Low Rate
Details
Total repayments $35,889 | Interest rate type Fixed |
Borrowing range $5k - $100m | Security type Secured |
Loan term 1 to 7 years | Secured by Vehicle |
Loan type Is Fully Drawn Advance | Repayment frequency Fortnightly, Monthly |
Age of car up to 2 years | Target Market Determination Visit NRMA Car Loans to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility |
Instant approval | Time to funding 24 hours |
Fees
Upfront Fee $499 | Ongoing Fee $0 |
Missed Payment Penalty $0 | Early Exit Penalty Fee Fee Applies |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Other Restrictions
vehicle must be brand new