Car loans

NRMA car loans for new and used cars

New car loan rates
from a low 6.99%*
(Comparison rate 7.59%^ 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 go with NRMA car loans?

  • Our new car loans cover cars up to 3 years old at just 6.99%* p.a (Comparison rate 7.59%^ 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

Plus, NRMA Blue Member benefits apply so you could enjoy even lower rates as an NRMA Member**. Find out how.

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?

Get a loan from a name you can trust

Loan calculator^^

Monthly repayments
Total repayments
^^Repayment value and rate displayed here is an example only. Call us for a confirmed quote 1300 732 398.
Important information about the comparison rate

***NRMA Members receive 1% p.a. discount off their loan rate only. Member discount does not apply to the new car special 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. Personal and credit information is handled by RACV Finance Ltd as set out in the Privacy Charter (which includes the Credit Reporting Policy) and the Privacy Notice and Statement of Notifiable Matters. Information about how to raise a complaint is available here.

A Target Market Determination is a document which describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers. It also describes the events or circumstances where we may need to review the Target Market Determination for a loan product.

Target Market Determination Secured Personal Loan | Target Market Determination Unsecured Personal Loan

As of September 2021, NRMA Car Loans has a Google Business rating of 4.7 stars from 66 reviews.