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Car Loans Canberra

Name: Car Loans Canberra
Creator: Savvy
Published: 2020-12-14T19:03:30+10:30

Finding an amazing deal on your next car finance in Canberra couldn’t be easier when you choose Savvy.

Written by , updated on July 5th, 2023

Low rate car loans in Canberra

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If you’re shopping for car loans, Canberra based, and determined to buy wisely – you’ve arrived at the right place. Owning a car can add up in many ways. Insurance, stamp duty, registration, even maintenance cost money, so it's good to check out a range of options before you arrange vehicle finance. Find loans that run between one and seven years, and take advantage of swift online applications to secure the car you want, right now.

How Savvy can help

Savvy makes shopping for finance a quicker, cheaper task. Our consultants are always available to take your call and offer help with applications. At Savvy, we’re proud of the fact we’ve gained a reputation for excellence over many years. Our aim is to keep the cost of your borrowing down, and point you at a broader selection of loans and deals than any other company – helping you get on the road to more affordable motoring.

Here’s how Savvy helps you secure a great car loan

Professional advice

We have helped thousands of Australians find the right car loan solution that’s tailored to their needs and budgets.

All types of cars

Savvy does car loans for all kinds of cars – new cars, used cars, certified used and ex-government from both private sellers or dealers.

100% finance

No deposit? No problem – Savvy has you covered with 100% finance options available to approved applicants.

Chattel mortgage

Take ownership instantly and finance 100% of the price with chattel mortgage and even claim GST, depreciation and interest.

Bad credit is OK

If you’ve had the door slammed on you due to a bad credit history, Savvy can help with your car loan. 9/10 applications are approved.

Car leasing options

The best of both worlds – use a vehicle without the hassles of ownership. Let Savvy help you with competitive rates and terms.

What our customers say about their finance experience

active, kind, supportive, always available, efficient, great communication

The broker provided exceptional service in securing finance for my motor vehicle purchase. The consultant was highly knowledgeable about the lending options available and worked diligently to find the best deal for me. Their communication was clear and timely, keeping me informed every step of the way. They were friendly, professional, and efficient, making the entire process stress-free. I highly recommend their services to anyone in need of finance for a vehicle.

- By Anonymous 10 hours ago

5/5

Quick loan service without a hitch.

Response was prompt they had everything organised and kept on top of any and all changes. Approval was quick and payments were processed promptly. Given the very short lead time the service was excellent.

- By Anonymous 2 days ago

5/5

An amazing experience!

I was lucky enough to have the pleasure of Juanita!! She was beyond amazing, she was with the me whole way through the process, educated me on absolutely everything so I was able to understand every little detail. She honestly was amazing! You are very lucky to have someone like this represent your company. I will highly recommend Juanita and savvy. Again thank you so much Juanita! 100/10!!!

- By Michaela W 4 days ago

5/5

Savvy is rated 4.8 for customer satisfaction by 3366 customers.

Some frequently asked car loan questions in Canberra

How can I figure out my regular repayments?

Use our handy repayment calculator. You can adjust all the elements of your loan and change repayment amounts. In addition to that, it’s possible to adjust input amounts to see how including a deposit or balloon payment affects costs. Taking the time to explore your options will help you to budget better for your car finance. When you’re setting your budget, remember to take additional costs like registration and maintenance into account. You can also submit a quotation request and receive a formal quote from a savvy consultant.

What do I need to apply for a car loan in Canberra?

You’ll need to be an Australian citizen or resident, and some working visas are eligible too. If you’re over 18 and have a regular income, you’ll get asked to supply ID and proof of address, plus a few months' worth of payslips. If you have a less than ideal credit history or you’re a new borrower, your loan provider may ask for some bank statements. Everything gets uploaded online quickly and easily.

Who uses Canberra car loans?

Car loans in Canberra are a great option for individuals who wish to use their regular earnings to cover the considerable cost of buying a car – either new or second-hand. If you’re in business and you’ll be using your new vehicle for that, some of the costs will be tax-deductible too. It’s worth exploring the full range of available business vehicle finance options in Canberra before you go out and purchase a new vehicle.

I’ve had vehicle finance before – will it be cheaper to stick with that lender?

Being an experienced credit user is no guarantee that you’ll discover the best available deals at any one time. When it comes to spending money on anything, it pays to look in the right places – and that’s where Savvy can help. Just like when you’re looking for car or home insurance, when it comes to vehicle finance, switching your provider can see you reap huge rewards. A car is a major purchase, so it makes perfect sense to check all your options out before you commit. Savvy enjoys long-term partnerships with a great many of the best lenders in the country – and we deal with a range of loan providers that offer the ideal option for most applicants out there. That’s why so many Aussies turn to Savvy when it comes to buying new wheels.

How does my credit score affect interest rates?

Your credit score is just one of the things lenders refer to when they’re assessing your application. Defaults and late payments stay on your credit record for several years. Past problems won’t necessarily affect your ability to get car finance, but it may mean you pay a higher interest rate. Remember though, that your credit score is not the be all and end all when applying for car loans, in Canberra or anywhere else for that matter. The vast majority of applicants qualify for the best interest rates available and your credit score doesn’t need to be perfect. Lenders examine many factors when you apply for a car loan, and your credit score is just one of them.

How long will it take to get car finance in Canberra?

The good news is that you’ve already come to the right place! Savvy is full of resources and information designed to maximise your chances of experiencing a streamlined route to car finance. Our car loan experts assist thousands of Aussies every year in their search for a great vehicle finance deal, in Canberra and beyond. To help us speed up your application, it’s worth remembering that certain lender conditions need to be met before you can drive away. The vast majority of borrowers won’t experience any issues, but how that works will depend on a few different factors. Your credit worthiness can affect application times because lenders may wish to see additional documentation.

The age of your new vehicle can also affect how quickly you get approved, as can whether you’re buying privately or from a dealer. Arranging a car loan online is a very quick process, however. The best policy is to submit any required documentation as soon as you can, and most car loan agreements get arranged within a three-day period – with many approved and finalised even more quickly than that.