Secured Car Loans
Find a competitive secured car loan with Savvy. Car loans starting from as little 3.35% p.a. (3.89% comparison rate)
Low rate secured car loans
If you’ve been looking for a car loan, you may have read about secured or unsecured loans. In finance, a security is an item or asset that is tied to the loan. This is the “security” for the bank or lender in case the loan does not get repaid.
For over ten years, Savvy has scoured the car loan market for the most competitive loans for families, individuals, and businesses in Australia. Secured car loans are the premium choice for car loans, saving you significant amounts in interest when you tie the loan to your vehicle.
Our loan consultants are with you every step of the way, explaining the finer details of a secured car loan and all the documents you need for a smooth, hassle-free process. We use the best in technology, so your car loan is processed faster – which means you’re behind the wheels of your new car before you know it.
Features and benefits
Secured car loan uses the car as collateral – this means you have “skin in the game” and a lender will reward you with a lower interest rate as a result.
Pay off your loan in as little as 12 months to seven years. Longer term means more interest – but also gives you more flexibility to buy larger cars to accommodate a growing family.
Payments in intervals that suit you. Choose from monthly, fortnightly, or weekly repayment cycles that sync up with your pay so you can budget more effectively.
Making more repayments? Select products don’t carry discharge or termination fees. Some of our lenders may charge discharge fees; ask your loan consultant for more information.
Worried about interest rates going up or down? Our secured car finance has extra security in fixing your interest rate through the term of your loan. That means equal repayments every time and zero guesswork.
Whether you’re looking for a new or used car, we can help you find a loan that suits your budget and needs.
Don’t have a deposit? Don’t worry – we can find loans for you that don’t require a deposit, subject to approval.
Why Australians trust Savvy ?
Calculate your car loan repayments
Disclaimer: The results provided is an estimate only. Please read our Calculator Assumptions and Disclaimer for more information
How to prepare yourself for your car loan application
Meeting the eligibility criteria
You will need to be at least 18 years of age, earning an income, and be a resident of Australia.