New Car Loan - RACV Silver Members
Latitude Motor Loan
Sweet rides with a sweeter rate
Advertised Rate
FromComparison Rate*
6.99%
8.10%
Car Loan
- Can apply online
- Suitable for both new or used car
Promoted
Advertised Rate
5.39%
fixed
Comparison Rate
5.94%
monthly Repayment
$0
Compare
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New Car Loan Pros and Cons
Pros:
- Features a low rate
- No ongoing fees
- Can apply online
- Can apply in branch
Cons:
- Application fee charged
- Limited to new cars
- Requires security to be held
RACV New Car Loan Fees and Features
New Car | New Car |
|---|---|
Used Car | Used Car |
Motorcycle | Motorcycle |
Boat | Boat |
Upfront Fee | Upfront Fee $399 |
Early Exit Penalty Fee | Early Exit Penalty Fee $205 |
Missed Payment Penalty | Missed Payment Penalty $20 |
Redraw Activation Fee | Redraw Activation Fee N/A |
Repayment Type | Repayment Type Fixed |
Loan Type | Loan Type Secured |
Secured by vehicle | Secured by vehicle |
Available to 457 Visa Holders | Available to 457 Visa Holders |
Redraw Facility | Redraw Facility |
Extra Repayments | Extra Repayments |
New Car | New Car |
|---|---|
Used Car | Used Car |
Motorcycle | Motorcycle |
Boat | Boat |
Upfront Fee | Upfront Fee $399 |
Early Exit Penalty Fee | Early Exit Penalty Fee $205 |
Missed Payment Penalty | Missed Payment Penalty $20 |
Redraw Activation Fee | Redraw Activation Fee N/A |
|---|---|
Repayment Type | Repayment Type Fixed |
Loan Type | Loan Type Secured |
Secured by vehicle | Secured by vehicle |
Available to 457 Visa Holders | Available to 457 Visa Holders |
Redraw Facility | Redraw Facility |
Extra Repayments | Extra Repayments |
Other Restrictions
Only available for VIC residents. Must be a RACV member for at least 10 years.
As seen on
