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Car Loan

RACV

Borrowing Amount
Loan term
Advertised Rate6.20%fixed
Comparison Rate6.73%
Monthly Repayment$583
Loan amount$15k to $35k
Pros
  • Features a low rate
  • No ongoing fees
  • Can apply online
  • Can apply in branch
Cons
  • Application fee charged
  • Requires security to be held

Suitable For

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat

Loan Fees

Upfront Fee
Upfront Fee$378
Early Exit Penalty Fee
Early Exit Penalty Fee$205 during first undefined years
Missed Payment Penalty
Missed Payment Penalty$0
Redraw Activation Fee
Redraw Activation FeeN/A
Other Fees
Other Fees$2,053

Loan Profile

Repayment Type
Repayment TypeFixed
Loan Type
Loan TypeSecured
Secured by vehicle
Secured by vehicle
Available to 457 Visa Holders
Available to 457 Visa Holders
View Repayment Schedule

Features Flexibilities

Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
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