RACV - New Car Loan
Secured | Fixed | Vehicles up to 3 years old
The RACV New Car Loan offers a Fixed rate, Secured loan and a loan repayment term of between 12 and 84 months. The RACV New Car Loan has comparison interest rates from 8% p.a. and advertised interest rates from 7.29% p.a. It also has a borrowing range from $5,000.
More RACV New Car Loan details can be found below or visit RACV to learn more or apply.
The loan type will be Secured with a comparison rate of 8% p.a. and an advertised rate of 7.29% p.a.
Advertised Rate
7.29% p.a. Fixed
Comparison Rate
8% p.a.
Loan Term
12 to 84 months
Borrowing Range
$5,000
Interest
Rate Type
Fixed
Advertised Rate
7.29% p.a.
Fixed
Comparison Rate
8% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Secured By
Vehicle
Loan Terms
Loan Term
12 to 84
months
Borrowing Range
$5,000
Repayment
Fortnightly, Weekly, Monthly
Fees
Loan Service Fee
$0
per month
Who is the product designed for?
This product is suitable for customers who:
- Is a natural person, over the age of 18 years, with permanent Australian residency
- Has regular income paid in Australia
- Employed on a regular basis in Australia
- Has sufficient funds to meet general day to day living expenses and financial commitments of the loan. NOTE: If the loan has a balloon payment structure there will be additional requirements to meet
- Has a history of savings and/or making repayments on time
- Can meet RACV Finance’s ‘know your customer’ and other anti-money laundering and counter terrorism financing (AML/CTF) requirements
- Can provide an acceptable asset as security for the customer’s obligations under the credit contract
Visit RACV to view Target Market Determination Effective From: 2022-10-14.
Australia - © 2023 Fair Comparison Pty Ltd
Savrr.com is a trading name of Fair Comparison Pty Ltd. The 'compare' pages of this website are provided by Fair Comparison Pty Ltd (ABN 48 647 552 958, credit representative number 530417) as a credit representative of QED Credit Services Pty Ltd (Australian Credit Licence 387856) to compare a range of credit card, home loan, personal loan, and car loan products. Fair Comparison Pty Ltd may receive a fee if users click through, apply and/or successfully acquire a loan or credit card product from or through a product provider.
Fair Comparison provides information relating to credit products offered by banks and other credit providers. We are not providers of loan, credit, or any other financial products. While we aim to provide information about a variety of products, we do not provide information about all products or product features available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific products. Should you choose to apply for a product which is listed, you will deal directly with the provider of the product or its broker/representative. We aim to provide useful and up to date information, but you should always carefully check product information with the product provider prior to applying for or taking out a credit product. If you are unsure, you should seek clarification from the product provider or independent financial advice.
Global - © 2023 Fair Comparison Ltd
Savrr.com is a trading name of Fair Comparison Ltd. The ‘compare’ pages of this website are provided by Fair Comparison Ltd to compare a range of online trading platforms and products. Fair Comparison Ltd may receive a fee if users click through, apply and/or successfully apply for an online trading account or product.
Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.