RACV Finance

• Car loans up to $100,000
• Low-interest starting from 4.99%
• Repayment up to 5 years

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• RACV Finance car loan product
• RACV Finance contact details
• Car loan calculator

RACV Finance - Finance you can rely on

Access saves up to 10% on comprehensive insurance for the full term of your loan if you finance and ensure your vehicle with RACV!

Satisfaction guarantee

They offer a 21-day loan satisfaction guarantee for the simple reason that they are positive you are getting a great deal on your loan, but it’s also important to them that you know this too

They know you’re getting a great deal on your vehicle loan, but it’s important you are sure to. That’s why they offer a 21-day loan satisfaction guarantee.

If you are not satisfied with your loan through RACV Finance, they give you the opportunity to repay the money back within 21 days and RACV will cancel your loan agreement without any penalty charges, they will also refund any interest and surrender any fees.

Apply in three easy steps

• First and foremost, you need to complete their online loan application form because they need to get to know you a little better.
• Apply now and get approval, they will let you know within 5 working hours from time of submission.
• Once you have been approved they will work out all the details, most cases the funds will be secured within 24 hours

Things to watch out for - dealers and brokers

• Even though it might look like you are being given lower rates, additional fees are often charged, which will make your monthly repayments fees higher.
• Manufacturer 0% and 2% finance -  You should always negotiate a price before advising on how you will make repayments on your car because low-interest rates really sound good but there is almost always a catch and bearing in mind the lower the interest rate, the less you can negotiate a purchase price. When something looks and sound like it’s too good to be true, it normally is
• Balloon or residual payments – This option reduces your monthly repayments, keep in mind that you do still owe a lump sum at the end of your loan. This has enabled you to get a nicer car, but you do pay more interest on every payment.

What do you need to apply?

You are required to supply your personal details which are, your driver’s license number, all your employment details, your income, and expenses in other words (assets and liabilities) and they will verify your information with you later.

How long does approval take?

They approve within 5 working days, and more often than not the funds will be in your account within 24 hours, only once your documents have been signed of course.

How do you make repayments?

You are able to pay a direct debit or BPAY, this means that all long and short-term loans are automatically deducted from your chosen bank every month or fortnight.

The dreams come in all shapes, sizes, and budgets

Why not make that big backyard patio extension that’s been on your mind, or have a brand new swimming pool, go and have that long awaited retreat on a tropical Island? You deserve it all so the sooner you apply with RACV the better.