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RACQ Bank Car Loans

The RACQ (Royal Automobile Club of Queensland) was formed by 12 motorist enthusiasts in 1902. Today the club operates as a mutual organisation and provides roadside assistance, car insurance, boat insurance home and contents insurance and other services to its members in Queensland. The RACQ head office is located Eight Mile Plains. In 1997 RACQ launched their member benefits and discount program under the slogan "show your card and save". In 2002 a new organisational structure was implemented by the new joint venture partner Suncorp Metway. Prior to this time RACQ had partnered with AMP and GIO who initiated writing RACQ’s first insurance policies. The organisation has always been committed to driver education and awareness, evident in the launching of their ’learn2go’ program for learner drivers and ’The Streets Ahead’ - a road safety education program for primary school students.

RACQ Bank car loan repayment calculator

Thinking about taking out a car loan with RACQ Bank? Use our car loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how RACQ Bank car loans compare with other options.

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RACQ Bank Car Loans rates

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FAQs

There are four different ways you can get a car loan. You can go straight to a lender. You can get a finance broker to organise a car loan for you. You can get ‘dealer finance’ – which is when the car dealer organises a car loan for you. Or you can organise your own car loan through a comparison website, like RateCity.

Whichever method you choose, you will need to provide proof of identification, proof of income and proof of savings. So you may be asked for any combination of passport, driver’s licence, bank statements, payslips, tax returns and utility bills. You might also be asked to provide proof of insurance.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

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