NRMA Car Loans

About NRMA Car Loans

Although originally formed in 1920 to ensure legislated road expansion and maintenance, the NRMA’s presence today is that of a motoring partner entity.

Their offering includes insurance & finance products

Both the NRMA (National Road s and Motorist’s Association) and the RACA (Royal Automobile Club of Australia) had many similar aims and roles in the lives of Australians after their inception and especially during the depression of the 1930’s and the subsequent Second World War.

While a merger was mooted often enough, it never materialised. That said, there is strong association nowadays and overlapping mutual benefits for both the entities and the consumer.

a fair shake for the man in the street

From a starting point of public benefit, the NRMA has never lost the patriotic ethos of a fair shake for the man in the street and this permeates their presence today with their affordable vehicle finance options.

Transparency and legitimacy

Although they are a very established entity with substantial holdings, their approach towards matters financial is still one of obvious transparency and legitimacy, and this shines through their online presence too.

Simple Online Loan Applications

Buying a car through NRMA via their polished online loan application procedure is relatively simple and hassle-free.

Although a site with a different look & feel, their car loans are presented in a highly astute manner with all potentially necessary information cleverly arranged on the landing page when one clicks through.

What NRMA Car Loans can offer you

There are member benefits (indeed, being either an NRMA or RACA member has benefits when one obtains a vehicle loan through NRMA) and a host of affiliate considerations when one has applied.

All of this information is well presented, however, and many Australians feel “at home” taking a loan through NRMA.

A Comparison Rate of 7.52%

The NRMA’s car loans are offered at a rate of 6.99% against a comparative rate of 7.52% on vehicles valued over $15,000. Loans on new and used cars as well as motor-homes, motorcycles & caravans and even boats all fall under the car loan category.

Refinancing of Existing Car Loans

One facility that is proving both attractive to consumers and the NRMA alike is the refinancing of existing car loans, where this particular service can often end up saving a client money over the repayment term.

Promotions and Member Benefits

Promotions and member benefits sometimes come with a few preclusions and it’s always best to make a call before submitting an application, in order to clarify exactly what one can capitalise on and expect from an NRMA car loan.

In a Nutshell

  •  Loan minimum $15,000
  •  Loan maximum $100,000
  •  Interest rate 6.99% per annum with a comparison of 7.52%
  •  Loan term minimum 12 months
  •  Loan term maximum 7 years
  •  Average processing time 48 hours
  •  Online application
  •  In-store application
  •  Secured loan option

A Car Loan with Benefits Assured

Repayment schedules range from 1 to 7 years and car loan amounts start from a minimum of $5,000. These loan ranges and loan terms are ideal for the financing of both new and second hand or vintage cars and will offer you a host of member benefits.

Approval on average takes around five hours

There is a loan application fee of $370 as well as an early settlement fee of $205 or 2% of the outstanding balance (whichever one is the greater) at the time of the final payment.

This stipulation does only apply for the first three quarters of the contracted loan term.

A Preferred Option for Members

Offering fast loans with a few peripheral fees, the NRMA is nonetheless a preferred option for many Australians because of the add-on member benefits and the feeling of assurance that comes with an assistance-driven entity.

Know what you’re Getting

They may not be as sleek in their offering from a simplicity & presentation point of view, but you always know exactly what you’re getting.

 In addition, the help centre carries the ethos of public concern and many consumers recognise and relate to this, thus making car loans a growing percentage of the NRMA’s revenue.

Eligibility & Requirements

  •  Employed full-time
  •  Self-employed
  •  Earning a stable income
  •  Credit check
  •  Valid identity document
  •  Utility bill or other (proof of address)
  •  Bank statements or payslips (proof of income)

Other Products & Services

  • Vehicle Finance

Here’s a short video about NRMA Car Loans

Contact Details

  •  02 4588 2800
  •  02 4578 5399
 Visit Website


 Physical Address

  • Magnolia Mall Shop 14, 285 Windsor St, Richmond, NSW, 2753, Australia

Opening Hours

  •  Monday 09:00 – 17:00
  •  Tuesday 09:00 – 17:00
  •  Wednesday 10:00 – 17:00
  •  Thursday 09:00 – 17:00
  •  Friday 09:00 – 17:00
  •  Saturday 09:00 – 12:00
  •  Sunday Closed –