Standard Consumer Loan
A secured fixed rate consumer vehicle loan.
- From
- 7.62%
- Fixed
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed Minimum fixed interest rate. Actual rate offered may vary based on the applicant's circumstances and credit assessment. | 7.62% | — | Greater than 60 months riskUsed Vehicle Risk Consumer |
Fees
| Fee | Type | Amount |
|---|---|---|
| Account Keeping fee A periodic fee charged for the administration and maintenance of the loan account. | Ongoing | $12.00 |
| Payment Dishonour fee A fee charged when a scheduled repayment is dishonoured, declined or cannot be processed. | Dishonour | $20.00 |
| Early Termination Fee A fee that may apply when a loan is repaid before the end of the agreed loan term. The amount may vary depending on the timing of the early repayment and the terms of the loan contract. | Exit | $150.00 |
| Establishment Fee A one-off fee charged at the start of the consumer vehicle loan to cover the costs of setting up and processing the finance contract. | Event | $499.00 |
| Dealer Facilitation A fee charged to cover dealer-related services involved in arranging or processing the finance contract. | Event | $1,450.00 |
| PPSR Fee A fee charged to cover the cost of registering a security interest on the Personal Property Securities Register (PPSR). | Event |
Features
- Instalment plan
- Enables repayment of the financed amount through regular scheduled instalments over an agreed loan term.
- Consumer vehicle loan: - Choice of loan terms from 1 to 7 years. - Fixed interest rate for the term of the loan. - Flexible payment options including the ability to make extra payments.
Eligibility
- Applicant must not be subject to any current bankruptcy proceedings.
- Applicant must hold a current Australian driver's licence or learner's permit.
- Applicant must have a fixed, verifiable residential address in Australia.
- Minimum age — 18.00 yearsApplicant must be at least 18 years of age.
- Applicants holding temporary visas must hold an acceptable visa with at least 12 months remaining before expiry.
- Residency status — ResidentApplicant must be an Australian citizen, New Zealand citizen, or an Australian permanent resident with an acceptable visa.
Constraints
- Minimum limit — $5,000.00Minimum financed amount
- Maximum LVR — 140%Depending on the Delegated Credit Authority Matrix can be between 125% to 140%
- Minimum Term — 12
- Maximum Term — 84
- Acceptable asset condition — New;Used;Demo
- Maximum contract term without balloon — 84 Months
- Maximum contract term with balloon — 60 Months
Published by RAM Trucks Finance under the Consumer Data Right · Last updated 1 July 2026 · Product ID 3671c904-d9dd-4011-bdd9-607327f28410