Car loans for new and used cars

New car loan rates
from a low 5.99%*
(Comparison rate 6.55%^ p.a)

There's nothing quite like the thrill of buying a car, but one of the biggest challenges is finance. Ideally you'll want a car loan that offers flexibility and a low competitive rate, and is easy to apply for.

Why thousands of motorists get their car loan with the NRMA:

  • Get a new car loan from 5.99%* (Comparison rate 6.55%^ p.a)
  • Quick application process and no monthly fees
  • Finance available for new and used cars as well as motorcycles, caravans and motorhomes
  • Low fixed interest rates with terms of up to seven years
  • Pre-approval within five business hours 

Know the price of the vehicle you want? Use our car loans calculator to work out your estimated loan repayments.

Looking to buy a new car?

NRMA Members could save 1%* on loan rates. Ask us how today

Loan calculator*

Monthly Repayments
Total Repayments
*Repayment value displayed here is an example only. Rates are correct as at 1 August 2018. Call us for a confirmed quote 1300 732 398.

Members could save 1%* on loan rates. Ask us how. Not a Member? Join today.

Important information about the comparison rate

*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.