Mitsubishi Finance Options
Get finance for new or used Mitsubishi with Savvy
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Compare finance for your Mitsubishi purchase
Are you looking for car finance to buy a Mitsubishi? Savvy can help. Our brokers can provide you with a range of superb car loan options to help you get behind the wheel of the car you've had your eye on.
So, no matter if you're looking for a brand-new Lancer straight from the factory showroom, or you know a private seller offering a top condition Magna with great milage, we've got the options and advice to help you get on the road fast!
Contact us for a quick quote on a car loan, and we'll get you behind the wheel of your new Mitsubishi before you know it.
Popular Mitsubishi models
ASX
Eclipse Cross
Outlander
Pajero Sport
Triton
Features of getting Mitsubishi finance with Savvy
Interest sure to please
We're partnered with a wide range of Australian lenders who may be able to offer some of the lowest rates available to you. That's got to put a smile on your face.
The pick of the crop
Savvy has access to finance options from more than 25 top Australian lenders, allowing us to offer you some of the best options and rates on the market.
Collateral is covered
Savvy can provide you with a range of great car loan options, none of which require any extra collateral – the car itself provides the security for the loan.
Loan what you need
Savvy can offer loans that provide up to 100% of the cost of the car, including stamp duty and rego – meaning you won't be left to cover the remainder yourself.
No age cap
With Savvy, the age of the Mitsubishi is no obstacle for getting car finance – out brokers have access to lenders that can help out with loans for older cars as well!
Avoid excessive fees
With fees from $100 for setup, and from $5 a month for setup, Savvy has access to very affordable loans. If fact, some of our lenders don't charge those fees at all.
Work to your own schedule
Savvy gives you the freedom to choose the length of your loan. So you can opt to have everything paid off in 12 months, or take your time over up to 7 years.
Settle up early
If paying off the loan early is an option you'd like to have available, Savvy has many lenders who offer no penalty for early loan repayments.
Can I get Mitsubishi finance through Savvy for a business?
Yes. Savvy has a number of great options available for commercial vehicle finance at highly competitive interest rates. Have a look at some of your options below.
Chattel mortgage
A chattel mortgage is one of the simplest options to buy a business vehicle. Just like a secured car loan, it uses the vehicle itself as security on the loan. You do maintain ownership of the car though.
Hire purchase
Hire purchase operates in many ways like a chattel mortgage, but in this case the lender retains ownership of the vehicle – you're actually leasing it off them until you've repaid the loan, at which point the ownership transfers to you. Although both allow you to use the vehicle during the term of the loan, they have quite different tax benefits.
Commercial car lease
A commercial car lease doesn't actually involve buying the car – You're actually renting the vehicle from the lender. As such, it's suited more for situations when there's less benefit in owning the car. It also makes it fairly easy to upgrade your vehicle once it's starting to get older
So why is Savvy the broker of choice for so many Aussies?
Applications on the run
Get on the road sooner
Over a decade of experience
Before you apply for Mitsubishi finance
Know the car you're looking for
The first step is to know exactly what you're looking for. Whether you're hoping to go with something functional like a current generation outlander, green and economical like the Mitsubishi i-MiEV, or something a little more iconic such as a well-maintained Magna wagon, a little homework will give you a clear idea where you can get one, and what you should expect to pay.
You can even approach a seller or dealer at this point – although you'll be in a much stronger negotiating position if you can get loan pre-approval first.
Check your eligibility
To be eligible for a loan through Savvy you will need to meet a few criteria.
- Aged 18 or over – Even if you've worked, you won't be eligible to get a loan until you're 18.
- Hold a current driver's licence – although P and L plates may be accepted by some lenders.
- Citizen or resident – It's easiest if you're an Australian citizen or permanent resident, although some visas will permit you to get a loan.
- Income – to qualify you will need to be employed or self-employed and can prove your income. Your income will need to be enough to satisfy affordability requirements.
Compare your options
Once we've provided you with some options to choose from, you'll need to pick the one you want. This might be as simply as “which option has the best interest rates”, or there might be other factors as play – such as the option for early repayments, the ability to make quarterly payments (rather than monthly), or whether they allow “Grey imports” (cars imported by someone other than the manufacturer).
Gather your documents
Once you know the car and loan you want, it's time to look at getting together your paperwork. You may need:
- ID – Including your driver's licence, and in some cases a full 100 points of ID (a passport or birth certificate should do).
- Payslips – You'll need at least two previous payslips to show your income.
- Bank statements – Some lenders will also require these.
Get Approved
Once everything is ready and submitted, it's up to your lender. Once you're approved, you can electronically sign off your final paperwork – including the loan contract – and it's official.
Once the lender has transferred the funds, it's time to go get your new Mitsubishi.