Car Finance Queensland

Assess your Queensland car finance options with Savvy. Find the cheapest and best car loans on the market and save money on your new vehicle.

No obligation. It won't affect your credit score.
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, updated on July 4th, 2023       

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Car loans Queensland

Looking for more affordable car finance in Queensland? There are plenty of options at your disposal that can suit your personal needs and save you money on your car purchase.

Whether you’re living in Brisbane, Cairns or Townsville, or if you’re out in Rockhampton, Barcaldine or Goondiwindi, Savvy can help. We offer best car loan options because we know the market, provide a cutting-edge digital service, and constantly assess which lenders and qualification requirements suit different borrowers, vehicles, and budgets. No matter where you live in Queensland, in a big city or out in the country, Savvy can help.

Competitive interest rates

Minimum loan amount $5,000

Flexible car loan repayments

No early termination fees

No deposit required

Bad credit is accepted

Balloon payments

Borrow 100% of the vehicle price

Our range of car loan options to suit all your needs

Why choose Savvy for your car loan?

Frequently asked car finance questions

How much can I borrow with car finance in Queensland?

Borrowers can access up to 100% of the price of their car from $5,000 up, subject to approval. That means your personal credit limit will depend on your borrower profile – which comes down to your credit history, income, spending, and other factors.

What’s the longest term I can borrow for my car loan?

Our car loans run up to seven years, but Queensland borrowers can also use a residual or balloon payment and then refinance than amount when the seven-year term ends. Extending the finance for a further two or three years will result in a total overall term of nine of ten.

Can I apply for a bad credit car loan?

You can — there are lenders who consider bad credit car loan applications. Borrowers with lower credit scores invariably pay more for car finance via a higher interest rate and fees, but there’s usually no reason why you can’t apply for car finance with a poor credit history.

How does a comparison rate work?

Comparison rates help borrowers see a “truer” cost of a loan. They incorporate things like application and monthly account fees into the interest rate to help you better understand what each loan means. When you see a comparison rate, both the annual percentage rate (APR) and the adjusted rate are clearly displayed.

Can I buy cars from private sellers with vehicle finance?

You can. Car buyers are free to buy from a dealership, an auction, and even from sites like Gumtree. You’ll need to supply details about the car to your lender because you’ll be using your vehicle as security for your loan.

Can I still get car finance if I’m self-employed?

Yes – lenders know that many Australians these days work as contractors or run a business. Documentation will differ slightly, but you can get car finance when you’re self-employed, with attractive interest rates and product features. Business customers can access low doc car finance options and get tax and GST benefits, or even consider leasing a vehicle.

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