The SES Port Macquarie Unit has recovered a silver sedan from the Hastings River off Fernbank Creek Road.
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The recovery was undertaken on Sunday.
A unit spokesperson said four volunteers were involved in the recovery operation.
"The car appeared abandoned and nobody trapped so we were able to execute the job in a timely fashion," the spokesperson said.
Police do not believe the recovered vehicle was involved in an armed robbery at the Port Macquarie Golf Club in the early hours of Sunday morning.
A burnt out silver Mercedes was found in Kempsey hours after the robbery in Port Macquarie.
Port Macquarie Police have issued another appeal for anyone with information about the robbery to come forward.
Specifically police would like to speak to anyone who saw a late model silver coloured sedan leave the scene at the time of the incident.
Anyone with information about this incident is urged to contact Crime Stoppers: 1800 333 000 or www.nsw.crimestoppers.com.au
Information is treated in strict confidence. The public is reminded not to report crime via NSW Police social media pages.
