1. Cars and Driving
  2. Buying a Car
  3. Car loans
  4. Types

New car loans

New car loan rates
from a low 5.99%*

Apply now or  1300 732 398

NRMA car loans can help you own your new car. Getting the right car finance is important, so check out the NRMA car loans advantage and see why an NRMA car loan could suit you.

Try our car loans calculator to work out your estimated car loan repayments.

The NRMA car loans advantage:

  • Quick, easy and friendly customer service – our customer service team will answer all your questions and make your application process as smooth as possible
  • Low fixed-interest rates with terms up to 7 years – our competitive low fixed rates with flexible terms will keep your repayments low and affordable
  • No monthly fees – there are no hidden or additional monthly account-keeping fees
  • Flexible repayment options – repay your loan as it suits you - fortnightly or monthly. You can also make extra repayments at any time
  • 5 hour pre-approvals to boost your bargaining power – get pre-approved within just five business hours. This means you can have the funds on standby, so you'll have better bargaining power to get the best deal possible when shopping around
  • Funds available the next day – once the paperwork is complete, your funds will be available by the next working day
NRMA Members could save 1%* on loan rates.

Turn your dream car into a reality

Our quick and easy online application is 100% secure

Apply now or  1300 732 398

Protection for your loan repayments

We know circumstances can change over time. Credit Protection Insurance can cover your car loan repayments if you become ill, are in an accident or lose your job. Ask about Credit Protection Insurance when taking out your loan.

*Note = conditions, fees and charges apply. Rates subject to change without notice.

^Comparison rate is calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Costs such as redraw or early repayment fees and cost savings such as fee waivers are not included in the comparison rate, but may influence the cost of the loan. Subject to RACV lending criteria. Australian credit licence 391488. Disclaimer: NRMA Car Loans products are provided by RACV Finance Ltd (ABN 82 004 292 291) trading as NRMA Car Loans. NRMA trademark used under licence from IAG, owner of the trademark for financial services.