Renault Finance Options

Looking at the best deals for buying your next set of wheels? Secure a great deal for your Renault when you apply for a car loan through Savvy.

No obligation. It won't affect your credit score.

Last updated on April 19th, 2022 at 03:07 pm by Thomas Perrotta

Compare Renault finance options

When you’re seeking out the top finance offers to help fund your Renault purchase, Savvy is a great place to start. We help you compare from a wider range of products and lenders to help find the ideal loan to suit your personal and car needs. You can enjoy a fast application process from start to finish and expert guidance from one of our friendly consultants to help you along the way.

Renault has been building its reputation in Australia since first setting up in Melbourne over 50 years ago. Today, buyers can choose from SUVs like the Koleos and Captur, the high-performance Megane R.S. and commercial vehicles such as the Trafic and Kangoo (the latter of which now comes in a zero-emissions model). Simply get a quick quote now to kick your application into gear today.

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See how Savvy can help you with your Renault finance

Competitive rates from 3.99% p.a.

At comparison rates starting from 4.36% p.a., you can enjoy low rates and fees all across your loan term and save important money along the way.

Select terms up to seven years

Whether you want to have your loan paid off in 12 months or up to seven years, you get to choose the term over which you repay your car.

Borrow anything from $5,000 and up

You’re able to borrow any amount up to the value of your Renault model, including other on-road costs like stamp duty, registration and insurance.

Customise your repayment schedule

As well as choosing the length of your loan term, you can decide whether to make monthly, fortnightly or weekly contributions to your loan.

Utilise security to lower costs

Because your car loan will be secured, you can enjoy lower rates and fees and expanded borrowing potential compared to unsecured loans.

Get financed for new or used

We can help you get approved for your car regardless of its age or kilometrage; you can buy cars from brand-new to 20 years old with finance.

Own your car in 48 hours

From your quick quote to the settlement of your loan agreement (and driving away with your new car), the process can take just 48 hours.

Manageable fees

Monthly fees up to $20, application fees up to $600 and early repayment fees up to $600 to $900 can apply, but some (or all) could be waived for you.

Why choose Savvy?

Common Renault financing queries

Can I finance a runout model?

Runout sales are when a car dealer offers discounts on brand-new models from the previous year. This can be a great way for you to save money if you prefer to purchase a car with 0 km on the odometer.

Always look for runout sales when searching for your new car, as you can save thousands on the purchase and more on interest and fees with a smaller loan.

What are my finance options if I’m self-employed?

If you’re able to produce the two most recent years’ worth of tax returns, you can apply for a standard private-use car loan. You can also look to chattel mortgages, car leases and hire purchase agreements in this position if you need your car for commercial purposes.

However, if you can’t supply these documents, you can instead apply for a low doc car loan. These utilise alternative documentation such as BAS, profit and loss statements, registered ABN and GST and income declarations. Low doc options are limited to borrowers buying a car for business use, meaning your financing agreement will be one of the three commercial loan products mentioned above.

Should I consider a balloon payment for commercial Renault finance?

Yes – balloon payments (or residuals) are similar to deposits, except they sit as a lump sum to be paid at the conclusion of your financing term rather than the beginning. This can be a great way to reduce your monthly payments.

They can also add flexibility if you’re not sure whether to commit to buying the car at the end of the agreement, such as for a lease, as you can refinance the residual amount and extend your term instead of buying. Your Savvy consultant will talk you through your balloon options when you apply.

Do I have to send any physical documents to my lender as part of my application?

No – our application process is 100% online, so you don’t need to worry about mailing through any documents to your lender or anything like that. You can submit everything via our encrypted digital portals on our website.

Can I get an extended warranty on my Renault?

Yes – extended warranties are available for both new and used cars, albeit with some restrictions. Typically, cars will only qualify for an extended warranty if they meet a minimum total value (such as $3,000) and must be in good working condition. These policies will also come with restrictions relating to where you can have it serviced, restricting your options in this regard.

Why should I look to get pre-approval for my car loan?

Pre-approval is a great way to speed up the process of buying a car, as it provides you with a definitive ceiling over which you can’t’ really spend. This is especially useful when negotiating on price with a seller due to the fact that it gives you the stronger hand that they can’t really venture over.

The more solid indication of your loan amount also makes it easier for you to pick out cars that fit your budget, expediting that process also.