RAC Finance will have an answer to you within 7 working hours.
RAC Finance’s minimum loan amount is $8000.
The loan terms available for RAC Finance are from 3 to 7 years.
Your RAC Finance quote is valid for 30 days.
Yes, you can. The pre-approvals are valid for 30 days.
Normally you will receive the funds within 24 working hours when supporting documents are submitted to RAC Finance by 12.00 noon on any given working day.
As a RAC Member you will receive a 2% p.a. discount off the standard interest rate for RAC’s Car and Personal loans. You will also receive a discounted establishment fee.
Yes, you can. RAC Finance will finance the first year's membership fee into the loan amount to ensure you obtain the member loan benefits.
RAC Finance interest rates are fixed for the term of the loan. Fixed interest rates have the benefit of fixed monthly repayments.
With RAC Finance there are no monthly account keeping fees. There is a once-off member-discounted Establishment Fee of $240.00 and an $11.10 Personal Properties Securities Registration (PPSR) fee.
RAC Finance members may be charged an Early Termination Fee as follows:
- $300 if the member pays the loan out within the first 12 months of the contract.
- $150 if the member pays the loan after 12 months but within the first 24 months (2 years) of the contract.
RAC Finance is located at 832 Wellington Street, West Perth next to Harbour Town.
You must be 18 years of age to apply for a loan with RAC Finance.
No. RAC Finance only provides loans for private use vehicles as part of the National Credit Code.
No. To apply for a secured loan, you must have a current, valid, unconditional Australian driver's licence. For unsecured loans a driver's licence is not required however you must be a home buyer/owner.
Yes, but the loan term can only be for the unexpired term of your visa (e.g. If the visa is for 5 years and you have already been here for 18 months, then the maximum loan term is 3 years).
Normally no, but in the event of jet skis, motorcycles and imported vehicles, RAC Finance may require a deposit.