RACQ - Car Loan – loan
Car loans up to $60 000
Loan amount
$3,000 – $60,000
Interest from
5.89%
Term
1 – 7 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Car loans up to $60 000
- Term 1 - 7 years
RACQ is Queensland's long-established member-based motoring, roadside assistance and insurance organisation, also offering secured car loan finance to members and the general public through its banking partnerships.
✓ Pros
- Trusted, long-established Queensland consumer brand
- Fixed repayments for the loan term
- Lower typical rate than unsecured borrowing because the car is security
- Can be bundled with RACQ roadside/insurance products by members
✗ Cons
- Primarily associated with Queensland, less brand presence elsewhere
- Vehicle can be repossessed on default
- Loan term should be matched to the vehicle's useful life
How to apply
- Complete our online application form
- Wait for a call
- Final review
- Loan approved
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
Frequently asked questions
24 hours
The minimum loan amount at RACQ - Car Loan is $3,000.
About The Royal Automobile Club of Queensland Limited
| Company | The Royal Automobile Club of Queensland Limited |
|---|---|
| Address | 27/25-29 Fitzgerald Ave, Springwood QLD 4127, Austrálie |
| Website | https://www.racq.com.au |