MARAC Car Finance & Car Loans

What you need to know
  • Terms are one to five years.
  • The vehicle is the security for the loan.
  • Interest is calculated and charged monthly.  Repayments can be monthly or structured to suit your circumstances (such as seasonal income).
  • The vehicle must be fully insured.
  • You must be 18 or older.
  • You must have a restricted or full driver's licence.

MARAC offers car finance with flexible terms, competitive rates and fast approval times – both direct to you if you’re looking to purchase a car through a private sale, as well as through a nationwide network of MARAC-authorised motor vehicle dealers.

Benefits of financing with MARAC

  • Competitive rates
  • Flexible, convenient and affordable terms
  • Fast approval times
  • Simple online application form

And once you’ve built up a good payment record with us, you may be offered loan top-ups, payment breaks and the chance to extend the term of your loan – making your finance even more flexible!

Financing direct with MARAC

If you prefer to organise your own finance, are looking to purchase through a private sale, or want to organise your finance before you go shopping so you can negotiate as a cash buyer, you can apply for finance with MARAC now by:

Buying from a MARAC-authorised motor vehicle dealer

If you buy a car from a MARAC-authorised motor vehicle dealer, they can arrange finance for you on the spot at their dealership – and about an hour later you’ll know if you’ve got the loan and can drive the car away. To find out who your closest MARAC-authorised motor vehicle dealer is, click here and we’ll email you the names of the MARAC-authorised motor vehicle dealers in your area.

Working out your finances

Use our loan repayments calculator to find out what the repayments will be on different loan amounts.

Our budget planner can help you work out how much you can afford to borrow.

Make sure you're insured

For peace of mind, arrange insurance to cover you for vehicle breakdowns or loss of income.

And remember to contact your insurance company to arrange a comprehensive car insurance policy.

Questions?

Check out our FAQ's. If your question isn’t there, click here to email it to us or call us on 0800 85 30 30.

Want to talk about car finance?

You’re welcome to give us a call on 0800 85 30 30 to have a chat about the best finance options for you.

Online services for MARAC customers

At MARAC we want to make it as easy as possible for you to keep track of your loan account with us. Please feel free to check out our online service centre, but remember that you’re always welcome to call us on 0800 85 30 30 if you’d like to talk to someone about your loan.


Fees and charges may apply.  Click here to view the full fee schedule.