Car Loans Sydney

Drive your car with a better deal. Competitive and low rate car loans starting from 2.85%

No obligation. It won't affect your credit score.

Last updated on April 19th, 2022 at 03:13 pm by Thomas Perrotta

Car loans Sydney

Looking for a cheap car loan with fast approval? Savvy’s got you covered. We help customers get approved for car loans of all shapes and sizes thanks to our extensive lender panel, smart on-site technology and experienced loan consultants.

The reason why we’re so popular across the country is that we service the regions. We can find great deals for you in Sydney or the Central Coast, but our 100% online process enables you to access the best car loans for your needs wherever you are, from Byron Bay to Mudgee to Yass and all across New South Wales.

Enjoy competitive interest rates and fees, flexible repayment terms and schedules and the freedom to choose any car you like, new or used, up to 20 years old. Compare and choose the best loan offers tailored to you today by submitting a quick quote with Savvy to get started.

Car Loan Banner

See how instant cash loan can help you

Affordable interest rates

With rates starting from just 3.99% p.a. (4.36% p.a. comparison rate), you can compare the lowest rates on the market personalised to your situation.

Flexible borrowing amount

You can borrow up to 100% of your car’s value from a minimum of $5,000 and are only limited by your maximum borrowing power in terms of car value.

Customisable loan length

You have the power to select the length of time over which you repay your car loan, from a minimum of one year all the way up to seven. 

Choose your schedule

Similarly, you can repay your loan weekly, fortnightly or monthly as a means of structuring your repayments around your income to make them more manageable.

More accurate budgeting

Because your interest and fees are fixed at the start of your loan, you’ll know with certainty what you’ll be paying with each instalment and budget around it.

Pay out your loan early

We can match you with flexible lenders who enable you to make free additional contributions to your loan and complete your repayments early without cost.

New or used

You can choose either a new or used car to purchase with your loan, providing more flexibility to choose from a wider range of vehicles on sale.

Low fees

We work with lenders who are able to waive ongoing (up to $20) and establishment fees (up to $600) to help you cut down on the overall cost of your loan.

Why Sydney residents trust Savvy to help them find the best car loans

Calculate car loan repayments

Your estimated repayments


Total interest paid: $1233.43
Total amount to pay: $5,143.99

Disclaimer:  The results provided is an estimate only. Please read our Calculator Assumptions and Disclaimer for more information

The documents you’ll need when applying for car finance

Common car finance queries from Sydney borrowers

Does my car have to be purchased in Sydney?

No – your loan can be approved to purchase a car anywhere in Australia. It doesn’t matter where your car is located at the point of purchase; we can help your application be successful for cars sources locally or interstate.

How quickly will my car loan be approved?

Thanks to our advanced technology and dedicated consultants, your application can be completed from quick quote to having the funds sent to your seller in as few as 48 hours. While this may be affected by other aspects of your application, such as your borrowing history and whether you have the required documents, you can be sure you’ll be on the road in no time when you apply through Savvy.

What are my car loan options if I’m self-employed?

Self-employed workers in Sydney can apply for a standard, private-use car loan by supplying tax returns from the previous two financial years in place of payslips. However, if you can’t do this, you’re limited to commercial finance products, namely a low doc car loan. This allows you to instead submit documents like profit and loss statements, BAS and an income declaration, but your car must be used at least 50% of the time for business purposes.

Can I buy my car from a private seller?

Yes – our car loan deals aren’t just limited to cars bought from dealerships. Our lenders are open-minded when it comes to where you purchase your car from, so we can help you out with approval from whatever or wherever your seller is, including private sales.

Should I get pre-approved for my car loan?

Yes – there are a number of benefits to getting pre-approved for a car loan. This provides you a defined ceiling on the amount you’re able to borrow, giving you more power in the negotiation process with your dealer or seller. If they know you won’t be approved for a loan beyond $25,000, for instance, they won’t try to force your agreed price far beyond that.

What other costs will I have to budget for with my car loan?

Cars can also come with stamp duty, vehicle registration, insurance and extended warranties on top of your existing payments. Fortunately, you can speak to your Savvy consultant about extending your loan amount to cover these costs in addition to that of your car.

What happens with my loan if my car is written off under finance?

If you’re involved in an accident and your car is written off, you’ll be required to pay out the remainder of your loan. Your car will always be covered by a comprehensive insurance policy for this reason, so this will help ease the financial burden in many cases and prevent you from paying the full amount upfront.