Features and Benefits
NRMA Car Loans offers excellent rates on loans for cars, motorhomes, caravans and motorcycles
NRMA members receive an interest rate and establishment fee that is exclusive to them. Non NRMA members may also apply for a NRMA Car Loan provided they reside in either New South Wales or the A.C.T.
Fast pre-approval
Why wait? You can get approval of your car loan within 4 hours of applying, even if you haven’t found the car you want yet.
No monthly fees or early repayment penalties
There are no hidden or additional monthly account-keeping fees and if you want to pay your loan off sooner you can do so at no extra cost.
Secure fixed rates
Because our rates are fixed, you'll avoid nasty surprises by always knowing how much your repayments will be.
Competitive rates with terms up to 7 years
A NRMA Car Loan allows you to choose from flexible terms to help keep your repayments low and affordable.
Green options
By selecting a lower emission vehicle, we will make a donation to Greenfleet to offset your car’s carbon footprint and reward you with $50 discount on the loan establishment fee.
Flexible repayment options
You can make your repayments when it suits you - either weekly, fortnightly or monthly.
We'll help boost your bargaining power too.
We can give you pre-approval on your Loan within just 4 hours. This means you can have the funds on standby, so you'll have better bargaining power to get the best deal possible when you're shopping around. Once we have sorted out the paperwork, your funds will be available by the next working day.
Loans for your new wheels
You can apply for a loan to purchase not only a car, but also a motorcycle, motorhome or caravan.
Rates & Fees
NRMA Car Loans aims to offer you competitive rates on new & used cars, motorcycles and caravans and at the same time provide great value to your NRMA Motoring & Services Membership.
You will be pleased to know there are:
- competitive interest rates with loan terms of up to 7 years
- fixed interest rates so you'll always know how much your repayments will be
- no monthly fees
- no on-going fees
- no early repayment fees
The Establishment Fee on your loan will be:
- NRMA Motoring & Services Member $195.00
- NRMA Motoring & Services Member Green Car Loan $145.00^
- Non NRMA Motoring & Services Member $270.00
- Non NRMA Motoring & Services Member Green Car Loan $220.00^
To view the interest rates available for NRMA Car Loans, please view our comparison rate schedule (file size 93kb)
Comparison rates take into account specified costs involved in setting up a loan including the interest rate, and known up-front and ongoing (or monthly) fees.
It's all about making the decision on which loan is best for you - so you can compare 'apples with apples'. To find out more about comparison rates, feel free to contact us.
Terms, conditions, fees, charges and lending criteria apply and are available on application.
^ Eligibility criteria applies
Repayment Calculator
NRMA Car Loans offer loans for new & used cars, motorcycles, motorhomes and caravans.
This easy-to-use calculator can help you estimate your repayments or how long it will take to pay off your loan.
Simply enter the amount you wish to borrow (min $5,000), and choose the term of the loan or your preferred repayments and the calculator will do the rest! *
* The results provided by this calculator are an approximate guide only, and may not be available through products offered by NRMA Car Loans. The results calculated are based upon the accuracy of the information provided and do not include any provision for fees or charges. This calculator, or the result generated, does not constitute any agreement by NRMA Car Loans to provide credit.
Call NRMA Car Loans on 1300 116 762 or email enquiries@nrmacarloans.com.au for more information.
To Apply
To help process your application, we'll need to see:
1. Proof of income - your most recent pay slips, or if you are self-employed, your last two annual financial statements and tax returns.
2. Other loans - details of any other loans.
3. Registration details - a copy of the registration papers of the car, motorbike or caravan you wish to purchase (when available).
4. Current driver's licence - we'll need to make a note of your licence details.
5. NRMA Motoring & Services Membership number - this number appears on your Membership card.
To apply call NRMA Car Loans on 1300 116 762, or to request more information click here
Products offered by NRMA Car Loans are provided by Savings & Loans Credit Union (S.A.) Ltd ABN 70 050 419 755 AFS Licence 240615. NRMA trade mark used under licence from IAG, owner of the trade mark for financial services.