$10,000 Car Loans

Looking to get a more cost-effective $10,000 car loan deal and want the ultimate in convenience too? Save money and time when you apply online.

No obligation. It won't affect your credit score.
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, updated on September 11th, 2023       

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Get approved for your $10,000 car loan with Savvy

Finding a $10,000 car loan these days isn’t exactly hard. After all, Australia has a huge number of different vehicle finance lenders, all offering a wide range of products. That’s why getting the best deal on vehicle finance is important, which you can do with Savvy.

Find and compare from over 25 lenders when you shop for a car loan right here with the help of your own expert car finance consultant. You can get your application started today and hit the road in your new car within 48 hours with a $10,000 boost through Savvy.

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Features of a Savvy $10,000 car loan

Buy second-hand vehicles of your choice

You don’t have to buy a brand-new car to qualify with Savvy. Compare a range of flexible $10,000 car finance options to buy quality used vehicles, too.

Competitive secured car loan interest rates

Use your car as security for $10,000 vehicle finance and benefit from cheaper costs.

Purchase a car from anywhere

Don’t limit your car choices when you can get a car loan to buy from a dealership, an internet auction site or private vendor.

Repayment flexibility

Vehicle finance repayments can run over anything from one to seven years and you can choose weekly, fortnightly or monthly payments to suit your needs.

Rapid online car loan applications

Find the best deal available and then apply immediately on a smartphone or tablet with as little as just a quick and consent and application form, your driver’s licence, and a couple of recent payslips.

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.

Diverse income accepted

Whether you’re working full-time, part-time, casually or for yourself (or receiving Centrelink benefits), you can find a car loan that accommodates you.

Broad eligibility

As long as you’re 18, a citizen or permanent resident and employed and earning at least $26,000 annually, you can apply for a loan.

Why are so many Australians turning to Savvy for their car loan?

How to save on your $10,000 car loan

Find all the answers in the car loan faqs section

Can I borrow $10,000 for a car if I’ve never had a loan before?

Yes – you can still apply for a first car loan, but you’ll probably pay a higher interest rate than a seasoned borrower. While some younger vehicle buyers opt to get help from a relative and use a guarantor car loan, there’s also benefits from building up your credit rating as you make repayments on your own car loan. Your choice will come down to your budget and priorities.

Can I get car finance if I’m self-employed?

Yes – these days, self-employed Australians have lots of car finance options. You can either opt for a standard car loan (if you can supply the last two years’ worth of tax returns) or choose a commercial car loan. Commercial car finance options come at lower rates, but require you to use your vehicle for business at least 50% of the time – which won’t suit every car buyer out there.

What’s the difference between a personal loan and a car loan?

The primary difference between a personal loan and a car loan is in the way that funds can be utilised. While car loans can only be used for the purchase of your vehicle, personal loans are essentially unrestricted in what they can be used for.

Additionally, you don’t typically need to provide any security for personal loans, so the interest rate is higher than those of car loans.

Can I borrow $10,000 for a car on a temporary visa?

Generally, borrowers should be Australian citizens or residents to apply for a car loan. However, some lenders will consider applications from borrowers on selected temporary visas as long as their loan term finishes at least a couple of months before their visa expires.

Can I take out a car loan if I have bad credit?

Yes – we're partnered with specialist lenders who are able to accommodate borrowers who have struggled with credit in the past. These loans are more restrictive when it comes to loan amounts and charge higher interest rates and fees, but $10,000 is well within the parameters available for borrowers in this position.

How old can my car be under finance?

We’re partnered with a range of flexible lenders who can offer financing for cars up to 25 years old at the end of your term. However, if you want to buy older than this, you can take out a personal loan instead. If you’re buying a vintage vehicle, we can also help you get approved for this with a specialised classic car loan product.

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