Green Car Loan
- $5k to $100k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
5.79%
Comparison rate* p.a.
6.49%
Green Car Loan
- $5k to $100k
- 1 to 7 years
- New or used car
- Variable Rate
Interest rate p.a.
5.79%
Comparison rate* p.a.
6.49%
Calculate your repayments for this loan
Your estimated repayment
$385
based on 20000 loan amount for 5 years at 5.79%
Pros and Cons
For Green Car Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Flexible repayment options
- Can apply online
- Green loan
- Suitable for both new or used car
- Fast time to funding
Drawbacks
- Higher than average application fee
- Cannot apply in branch
RACV Rate Car Loan overview
For Green Car Loan
Details
Total repayments
$34,624
Interest rate type
Variable
Borrowing range
$5k - $100k
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
up to 8 years
Target Market Determination
Visit RACV 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
Must be an Australian citizen, permanent resident or have a valid visa; have a regular income; have a good credit rating.