RACQ Bank
Green Car Loan
Take out a secured car loan with RACQ Bank so you can purchase an electric car. Car finance with RACQ Bank means you'll receive the same low interest rates for car loans on new electric cars up to 12mths old.
Personal loansBank updated 9 July 2026
At a glance
- Fixed
- 7.49% · 7.49% comparison
- Loan size
- $3,000 to $150,000
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedAvailable for new lending only. For new electric cars no more than 12mths old. The maximum fixed rate car loan term is 5 years. | P&I | 5 yrs fixed | — | 7.49% | 7.49% | — |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Default Enforcement Expenses | Other | Varies | — | May apply if enforcement services are required as part of default administration. |
§ 03 — Features
Instant paymentsDigital banking
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Must be an Australian Resident
- · Available to individuals
- · Amount $3,000 to $150,000
§ 06 — Run the numbers
Put this product through a calculator
Published by RACQ Bank under the Consumer Data Right, last changed by them on 9 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.