RACQ Bank
Fixed Rate Car Loan
RACQ Bank · pers loans
Provider last updated this product 2026-07-08.
Go to provider
You'll complete your application on
RACQ Bank's website. Confirm the rate and fees with them
before applying.
Take out a secured car loan with RACQ Bank so you have the flexibility to choose a car that is suited to your lifestyle. Car finance with RACQ Bank means you'll receive the same low interest rates for car loans on new or used cars.
As published by the lender
- Security - Secured
- Vehicles - New or used vehicles, up to 2 years old
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 8.19% | 8.36% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| Available for new lending only. For used cars the maximum fixed rate car loan term is 5 years. Car must not be older than 12 years at the end of the loan term. | |||||||
| FIXED | 8.19% | 8.36% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| For cars under 2 years old. For used cars the maximum fixed rate car loan term is 5 years. Car must not be older than 12 years at the end of the loan term. | |||||||
| FIXED | 8.19% | 8.36% | OTHER | PRINCIPAL AND INTEREST | 84 months | - | calculated daily, paid monthly |
| For cars over 2 years old. For used cars the maximum fixed rate car loan term is 5 years. Car must not be older than 12 years at the end of the loan term. | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Default Enforcement Expenses | OTHER | - | May apply if enforcement services are required as part of default administration. |
| Document Preparation Fee | UPFRONT | $120 | Document Preparation Fee includes document generation, distribution of documents, verification of documents and verification of search requirements. |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-30 (current) | 8.19% | 8.36% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Who can apply
- natural person
- min age - 18
- residency status - Must be an Australian Resident
Limits
- max limit - 100000.00
- min limit - 3000.00
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-07-08T21:55:57Z · Product ID: 568