Car Loans Hobart

Find the right car loan for your needs in Hobart by applying with Savvy today.

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, updated on July 5th, 2023       

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Compare low-rate car loans in Hobart

Get car finance approval in Hobart the right way

If you’re in the market for your next vehicle in Hobart, it’s worth doing your due diligence to seek out the best available options when it comes to financing your purchase. Fortunately, Savvy can help you do just that. Our team of experienced consultants will be with you every step of the way to help you secure a great deal, regardless of whether you’re in the capital, Launceston or anywhere else on the island.

Save time, effort and money with Savvy

At Savvy, we’re partnered with a vast panel of reputable lenders from all around the country, giving our customers more choice when it comes to their loan and maximising their chances of an effective comparison. With more options at your disposal, as well as the backing of your friendly consultant, you can save valuable time and money with us. Get a no-obligation quote with us today to get started.

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The features and benefits of car loans in Hobart

Competitive interest rates

With low comparison rates available, you can secure an affordable car loan in Tasmania and save a significant amount across your repayment period.

Borrow 100% of the purchase price

There’s no need for you to worry about stumping up with a substantial lump sum. We can help you get approved for the full price of the car (plus on-road costs).

Buy new or used

You’ll have a wide selection of vehicles to choose from, with both loans for brand-new vehicles from dealerships and used car finance in Hobart available.

Repay your loan over your preferred term

You can manage your loan over a term of your choosing, with short agreements of one year and longer terms of up to seven able to be chosen.

Purchase for private or business use

Car finance isn’t just available for individuals to use privately, though. You’ll also be able to buy a vehicle for commercial purposes or even lease one.

Enjoy stability in your repayments

One of the advantages of car loans is that they come with fixed interest, meaning you won’t have to worry about your repayments increasing during your term.

Why apply for your car loan with Savvy?

How to compare different car loan offers with Savvy

Common questions about car loans in Hobart

How do I work out my car loan repayments?

There are many variables which can go into determining the cost of your car loan repayments, such as their frequency, your loan term, the size of your loan and your interest rate. Fortunately, you can use Savvy’s car loan repayment calculator to help you determine what the cost of your car loan may be each week, fortnight, month and overall.

Do my lender and car have to be in Hobart to get approved for finance?

No – you can finance a new or used car in Hobart, elsewhere in Tasmania or anywhere around the country. The process is 100% online, so you won’t need to worry about restricting yourself to a lender in your state or a model being sold nearby.

Can I count multiple income streams as part of my car finance application?

Yes – as long as they’re consistent and able to be relied upon throughout your repayment term, you can count full-time, part-time, casual and self-employed income towards your application. You can also include certain fixed Centrelink payments, such as aged and disability pensions and carer payments. Speak with your consultant about your options if you’re unsure of whether your income can be included in your application.

Which documents will I need for my car loan application?

As part of your application, you’ll be required to submit the following:

  • Your two most recent payslips
  • Your driver’s licence, front and back
  • Your Savvy application form
  • Your signed consent form and credit guide
  • 90 days of bank statements (may be required)
  • Information about your assets, liabilities, expenses and the car you’re buying

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