Take out a secured car loan with RACQ Bank so you can purchase an electric car. Car finance with RACQ Bank means you'll receive the same low interest rates for car loans on new electric cars up to 12mths old.
Category: Personal Loans Last Updated October 31, 2023 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED P&I product. Additional Information Available for new lending only. For new electric cars no more than 12mths old. The maximum fixed rate car loan term is 5 years.
Interest Rate 5.99% PA
Comparison Rate 5.99%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
Digital Banking
Npp Enabled
Product Eligibility
Min Age - 18.
Natural Person
Residency Status - Must Be An Australian Resident.
Bank Fees and Charges
Default Enforcement Expenses (Variable), Amount: Not Listed.. Additional Information: May apply if enforcement services are required as part of default administration