Best Car Loans

Your application starts by telling us about yourself, such as how much you’re looking for, the car you want and your personal financial situation. From there, our smart technology matches you with ideal lenders and your broker will select the best options for you to choose from. We handle the submission of your application to your lender to ensure that it passes all of their checks and maximises approval chances. You’ll receive your loan offer shortly after and go on to choose your car. After everything has been approved, you’ll sign the agreement and take ownership of your car.

From quick quote to the funds being transferred to your seller, we’re able to conduct the process of applying for and settling your car loan in as little as 48 hours. This is particularly useful if you want your car straight away, either because you need it for travelling to work or taking kids to school or simply for peace of mind. Having all of your documents ready and applying early in the day are great ways to maximise the potential for your car loan to be completed in 48 hours.

When presented with your options by your Savvy broker, there are a number of important ways you should compare your car loan. Interest rates and fees are two of the big ones, as these dictate how much you’ll be paying for your loan. Your Savvy broker will always choose from the most affordable options in terms of rate and fees, so you can compare from these. Additionally, you can compare choices based upon the available loan terms, monthly repayments and minimum borrowing amounts, as well as its other features like flexible repayment schedules and the ability to make deposits.

No – because your interest rate is fixed, your rate doesn’t have any scope to fluctuate throughout your loan. This is the case for variable rates on loans, so they’re more susceptible to rises and falls and are less stable, but we exclusively offer fixed rates on our car loans and ensure repayment stability for our customers.

Both come with distinct advantages: cars bought from dealerships can often come with slightly lower interest rates, while private seller vehicles tend to be cheaper to buy and come with greater scope for negotiation on price. We can arrange financing for cars purchased from any source at competitive rates, so you won’t have to worry too much about vast differences between the two.

This depends on how you’re looking to use your car. If you’re looking for a private, personal-use car, self-employed workers can supply their two most recent years’ worth of tax returns instead of payslips to qualify for a standard consumer car loan. If you want a car for business use, you can look to commercial car loan products like chattel mortgages, car leases or hire purchases. However, if you can’t produce the required tax returns, you can also look to take out a low doc car loan, which allows you to provide alternate documentation such as your ABN, BAS and profit and loss statements. Low doc car loans require business usage, so you’ll need tax returns if you wish to take out a loan for a private-use car.

Yes – costs such as car registration, stamp duty, extended warranties and your comprehensive insurance policy are all costs that can be covered in addition to that of your car.