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NRMA New Car Loan logo

NRMA New Car Loan – loan

★★★★★ 5.0 / 5 StrayaLoans editorial rating

Online loans up to $130 000

Loan amount $5,000 – $130,000
Interest from 5.69%
Term 1 – 7 months
Approval 24 hours
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Applying does not commit you to a contract.

Properties of this loan

  • Online loans up to $130 000
  • Term 1 - 7 years

NRMA's new car loan is a secured, fixed-rate finance option specifically for new vehicle purchases, offered through the NRMA brand's finance partnerships alongside its well-known roadside assistance and insurance services.

✓ Pros

  • Trusted, long-established Australian consumer brand
  • Fixed repayments for the loan term
  • Lower typical rate than unsecured borrowing because the car is security
  • Dedicated product for new vehicle purchases

✗ Cons

  • Primarily associated with NSW/ACT, less brand presence elsewhere
  • Vehicle can be repossessed on default
  • Limited to new vehicles rather than used

How to apply

  1. Apply for your loan
  2. Wait for approval
  3. Wait for money

Loan requirements

  • ✓ 18 years or older
  • ✓ Australian citizen or permanent resident
  • ✓ Regular income
  • ✓ Vehicle details for security purposes (new, demo or used)
  • ✓ Valid photo ID and proof of address
  • ✓ Vehicle must be new (not used) for this specific product

Frequently asked questions

24 hours

The minimum loan amount at NRMA New Car Loan is $5,000.

About National Roads and Motorists' Association Limited ABN

CompanyNational Roads and Motorists' Association Limited ABN
AddressAustralia
Websitehttps://www.mynrma.com.au