Important disclosure

NRMA Car Loans

New Vehicle Fast Loan Low Rate

Real Time Rating™

  • From $5k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

From

7.29%

p.a

up to 13.59%

Comparison Rate*

From

8.00%

p.a

RateCity says

“Hit the road sooner with this low rate car loan offering approvals for new cars within five business hours, member discounts and no ongoing fees.”

Real Time Rating™
Tags
  • From $5k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

From

7.29%

p.a

up to 13.59%

Comparison Rate*

From

8.00%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$20

based on $1,000 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

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

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Promoted

Lower Rate

Used Car Loan (Car < 10 Years)

Real Time Rating™
  • $1k to $80k
  • 0 to 7 years
  • Variable Rate
  • Secured
Interest Rate

10.70%

p.a

Comparison Rate*

11.35%

p.a

Promoted

Secured

Drive Away Car Loan

Real Time Rating™
  • $1k to $75k
  • 0 to 10 years
  • Variable Rate
  • Secured
Interest Rate

10.50%

p.a

Comparison Rate*

10.54%

p.a

Promoted

Generic

New Car Loan

Real Time Rating™
  • $1k to $150k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

7.24%

p.a

Comparison Rate*

7.84%

p.a