Car Finance With Instant Approval Online

Don’t wait ages for car finance – apply online, find cheaper, customised rates quickly, and get instant approval fast from Australia’s best lenders.
No obligation. It won't affect your credit score.
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, updated on July 4th, 2023       

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Get approved for your car loan fast

Finding the right car finance deal can save you thousands of dollars over the course of your loan term. Fortunately, you can find and compare from a wide range of lenders and products online and drive away with a great deal within just 48 hours.

With Savvy, you can do this all in one place. Find all the information you need to make an informed decision and apply for car finance online at any time of the day. Get started with your application today and speak to one of our expert consultants to help you track down the best car finance deal for your needs.

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Our car loan features and benefits

Competitive interest

With more options to choose from, you can compare from a range of low-rate car finance offers to help you save on your deal.

Borrow 100% of your car’s price

Lenders are flexible when it comes to the amount you need, with no real upper limit on your borrowing provided you can comfortably afford your finance.

Buy new or used vehicles

You're not solely restricted to brand-new cars, either, with used vehicles available for purchase up to 20 years old from a dealer or private sale.

Optional deposits

You can cut down on interest and fees on your loan significantly by making a deposit if you’re able to, which essentially serves as an interest-free contribution.

Secured car finance

Because your car finance deal is secured, you can benefit from lower interest rates and a higher potential borrowing power on your loan.

Flexible car loan terms

You can take as long as seven years to repay your car loan or repay it over as short a period as just 12 months, allowing you to tailor the loan to your needs.

Personalised rates and service

Our expert car finance consultants will help you locate the best option based on your borrower profile and help you optimise your application.

100% online car loan applications

You can do absolutely everything you need from your smartphone. Upload documents, fill in and sign forms and get approved faster for a car loan, without the legwork.

Why find online car finance with instant approval via Savvy?

How to turbo-charge your online car finance approval

Frequently asked questions about car loan approvals

How fast is car finance approval when I apply online?

Online car finance approval is quick and simple. After you’ve been in touch with us, located your best lender option and uploaded documents and filled out your application via our website, you can have your entire application turned around in the space of about 48 hours.

How much can I borrow?

This depends on several factors, such as your employment, income and spending and credit rating. Lenders assess borrowers in terms of the risk they present. The best way to figure out how much you have to work with is to speak with one of Savvy’s expert car finance consultants.

We’ll give you a selection of tailored quotes from our panel of flexible lenders, allowing you to shop for your new car with confidence.

Can I access business car finance online?

You can. Many commercial lenders work in the car finance space, offering a range of specialist products and finance structures like chattel mortgage, vehicle leasing, and even rent-to-buy options. Remember, you’ll need to use your car for business at least half the time to apply for business car finance online.

Will you need details about my new car?

Yes – all car finance is secured against the vehicle you buy, so you’ll also be asked to upload a dealership invoice before the lender settles the loan. On top of that, financiers require a fully comprehensive insurance certificate for the car.

What fees will I need to pay on my car loan?

There are several fees that you may be required to pay as part of your car loan, although some of these are able to be waived by certain lenders. These include ongoing fees (up to $20 per month) and your application fee (up to $600).

Who's eligible to take out car financing?

You can apply for a car loan if you meet the following criteria:

  • 18 years or older
  • Australian citizen, permanent resident or accepted visa holder
  • Earn at least $26,000 p.a. from stable income sources
Can I pay out my car loan early?

Yes – however, if you wish to pay your loan out early, you could incur an early repayment fee up to $600 to $900. This fee is also able to be waived by some lenders, so if you value the freedom to repay as quickly as you like, you should compare based on this point.

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