- Home
- Car Loans
- Nrma Car Loans
- Fast Loan Low Rate New Car
New Vehicle Fast Loan Low Rate
- From $5k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
7.29%
up to 13.59%
Comparison rate* p.a.
8.00%
New Vehicle Fast Loan Low Rate
- From $5k
- 1 to 7 years
- Fixed Rate
- Secured
Interest rate p.a.
7.29%
up to 13.59%
Comparison rate* p.a.
8.00%
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."
Calculate your repayments for this loan
Your estimated repayment
$698
based on 35000 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
$41,870
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