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
Rates
The one rate RACQ Bank publishes for this personal loan.
| 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% | - |
Fees
One fee published, grouped by when they're charged.
Other fees1
- Default Enforcement Expenses
May apply if enforcement services are required as part of default administration.
Varies
Features
Instant paymentsDigital banking
Eligibility and limits
- Minimum age 18
- Residency: Must be an Australian Resident
- Available to individuals
- Amount $3,000 to $150,000
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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.