Why choose RAC Finance?

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Competitive interest rates from 7.80% p.a. (Comparison rate 8.30% p.a.)

Afford your dream car sooner.
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No ongoing fees

We won’t charge you any monthly fees on your loan.
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Quick turnaround

Get your loan pre-approved within 7 working hours.*
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Electric vehicle discount

Get 0.50% p.a. off the interest rate when you buy an electric vehicle*.
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Flexible loan terms & repayment options

Choose from 3-7 years, monthly or fortnightly by BPAY or direct debit.
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Easy to apply

Apply online, over the phone on 13 17 03 or in person at one of our Member Service Centres.

Fixed interest rates from only 7.80% p.a.
Comparison rate 8.30% p.a.

Loan amount Interest rates Comparison rate2
Secured loans
$8,000 - $29,999 12.25% p.a. 12.77% p.a.
$30,000 - $49,999 11.05% p.a.  11.57% p.a. 
$50,000 - $64,999 8.85% p.a.  9.36% p.a.
$65,000 and over 7.80% p.a. 8.30% p.a.

There are no monthly account-keeping fees with RAC Finance. A one-off establishment fee of $349^ plus an $8.00 Personal Properties Securities Registration (PPSR) fee may apply. An early termination fee of $400 may apply if a loan is paid out in the first 24 months.

Frequently Asked Questions

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What our members say

Gemma

Extremely Satisfied

Super easy process, communication was great, fast service all together. Have already recommended to a friend that is going through a similar situation.

Leon

Extremely Satisfied

The application process was very easy and simple. Pre-approval was very quick, and finalisation of the loan was also very quick and to top it off was an awesome interest rate.

Gary

Extremely Satisfied

Ease of the application. Great local friendly staff who explained every step. Speed my funds were paid to the dealership so I could secure my new car at the earliest possible time. Good competitive rate.

Joseph

Extremely Satisfied

The loan application process was extremely fast, and the loan finance team kept me up to date every step of the way. Totally satisfied with the service that RAC provided.

Anita

Extremely Satisfied

Great customer service, easy and uncomplicated process.

Not right for you?

Considering a different personal loan? Take a look at the other personal loan options


View other loan options

Get into your next ride sooner