Personal Car Loans
Apply for a personal car loan through Savvy, and compare your options to find the best rates.
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Low rate personal car loans
Looking for a loan to purchase a car for private use? Savvy can help you out! Our team are experts at arranging personal car finance at great rates.
A personal car loan is a type of consumer loan allowing you to buy a vehicle for personal purposes. At Savvy, our brokers can provide you with a range of great options for a car loan, drawing from more than 25 of Australia's top lenders to offer you finance suited to your circumstances and budget. Contact us today for a free, no obligation quote, and get on the road sooner rather than later.
Features of a Savvy personal car loan
More options, better rates
Savvy's suite of lenders can offer competitive car loan interest rates. Having a range of lenders to choose from means better options and rates for you.
Borrow from $5,000
A loan through Savvy can be for as little as $5,000, up to the full value of the car – our suite of lenders can offer 100% finance on a car loan, no deposit or extra collateral required!
A range of loan terms
With Savvy, the choice is yours when it comes to how quickly you want to repay the loan. Our lenders can offer a range of loan terms from 1 to 7 years.
Affordable fees
Savvy's lenders offer very reasonable fees on their car loans – $100-$600 at loan setup, and $5-$20 as an ongoing monthly fee. Some even offer no fees on their loans!
A secured loan
A personal car loan is secured – it uses the car itself as collateral for the loan. This generally means lower interest rates, so you pay less overall.
New, used or demo
With a loan from one of Savvy's lenders, it's your choice to go new, demo model, or used. You can also buy from a dealer or private seller – we have a loan for every situation.
Flexible repayment options
With a car loan through Savvy, you have the choice of weekly, fortnightly, or monthly payments. Some lenders even allow early repayments to pay the loan off sooner.
Fixed interest
A car loan through one of Savvy's lenders is fixed interest – meaning your repayments don't change. This lets you plan your finances, and to work around budget constraints.
What makes Savvy the stand out choice for car finance?
We’re fast (efficient)
Savvy personal car loans are fast – during business hours, you can have a loan turned around in 24-48 hours.
Options galore
Because we're a broker and not a lender, Savvy has more options for you to compare, giving you a better deal.
100% Online
Savvy works over the internet (and by phone), meaning you never need to leave the comfort of your own home.
Expert guidance
Savvy's team of brokers are experts in the field, with years of experience in finance – they know car loans backwards!
Apply from your smartphone
Applying for a loan through Savvy only a few takes minutes, and can be done from your smartphone while you're out and about.
Australia wide
What will you need to be eligible for a car loan with Savvy?
Australian citizen or resident
Normally you need to be a citizen or permanent resident of Australia to get a car loan. If you’re not either, you may still be eligible if you have the correct visas – you can speak to one of our consultants for more details.
100 points of ID
You'll need some identification to be able to prove you are who you say. A driver's licence and birth certificate will generally cover it, as will a current student ID and passport.
18+ years of age
You'll need to be a legal adult, aged 18 or more before you can access a loan.
Supporting documents
The lender will need your recent payslips to verify your income. In some cases, they may also need access to your bank statements. Fortunately, Savvy has a range of simple options for providing that information over the internet – quickly, easily and securely.
