Flexible chattel mortgage to suite your needs

Thinking of buying your dream car? Savvy offers a complete range of car loan options to suit all needs.

What is a chattel mortgage?

It is a business finance product where the customer owns the vehicle at the time of purchase. The financier takes a mortgage over the vehicle as security for the loan. Once the payments are completed, the mortgage is removed and the title to the car belongs to the customer.

A Chattel Mortgage will suit someone who will use the purchased vehicle over 50% of the time for business purposes. This product is mainly used by a company, sole trader, trust, ABN holders or partnerships.

Car loan that means business

Deciding on the right car finance option for your situation can be rather confusing. There are so many choices, let Savvy take the pressure off and do all the hard work for you so you can drive your car with a better deal.

At Savvy, our qualified business car finance consultants are ready to discuss your Chattel Mortgage options. If your business needs the flexibility of residual value payments or seasonal repayments, our consultants are here to help you make an informed decision that better suits your bottom line.

Calculate and save by comparing car loans

Thinking of buying your dream car? Savvy offers a complete range of car loan options to suit all needs.
Compare and save with Savvy. Savvy has access to all major banks and lenders in the country. We hold accreditation with all the major lenders in the country and have experienced consultants to tackle any requirement.

LenderProduct NameAdvertised RateComparison RateMonthly Repayment
SavvySecured Chattel Mortgage4.49%
variable
5.34%$559.15
ANZOnline Secured Car Loan7.85%
fixed
8.70%$606.14
CUAFixed Rate Car Loan7.99%
fixed
8.29%$608.15
CBASecured Car Loan8.49%
fixed
9.54%$615.35
NABVariable Rate Personal Loan14.19%
variable
15.06%$701.01

Getting you approved with your chattel mortgage

Comparing lenders can help you get great rates and save thousands! Compare Australia’s top lenders with us and save.

Fixed loan terms
Under a Chattel Mortgage agreement, you can select to have a fixed loan term in between 1-5 years.
Effective cashflow solutions
You may choose to have a balloon payment at the end of the agreement to reduce your monthly repayments.
Fixed and low rates
The interest rate is fixed for the term with no hidden rates and Savvy will deliver the market leading rates.
Tax effective
Under a Chattel Mortgage, you can claim the GST from your purchase on your next BAS statement.
No deposit
No deposit required under a Chattel Mortgage agreement. 100% finance available for approved applicants.
Total flexibility
Approved applicants can borrow more than the car’s value, opt for balloon or extra repayments.