Car Loans Townsville
Get the right to loan buy your car in Townsville by applying with Savvy.
Compare low-rate car loans in Townsville
Buy your car with the right loan in Townsville
If you’re in the market for a car loan to help you purchase your next vehicle, look no further than Savvy. We’re partnered with a diverse and reputable set of lenders so you can maximise your chances of finding the right finance deal with us. Regardless of whether you’re in Townsville or anywhere else in Far North Queensland, Savvy services the regions to make life simpler for you.
Apply with Savvy and save
By applying with Savvy, you can maximise your chances of securing a low-cost car finance deal. With so many lenders on our panel and a team of dedicated consultants here to help you through the application process, we’ll help you narrow down the cheapest and best car loan on the market. Get the wheels in motion on your car loan with a no-obligation quote today.
The features and benefits of car loans in Townsville
With low interest and comparison rates available, you can find and compare from a range of highly competitive offers and save overall.
Whether you prefer to get your car loan paid off in just 12 months or spread out the cost over as many as seven years, you can customise your loan repayments.
There’s no need for you to put any of your own money forward for your car loan if you don’t wish to, with financing available up to the full value of the vehicle purchase.
You can be approved for a brand-new vehicle purchased at a dealership or a used car from a dealer or private sale in Townsville, giving you more options to choose from.
It isn’t just the full value of the car you can cover with your loan, however, but also a range of on-road costs such as stamp duty, vehicle registration and even comprehensive car insurance.
Why apply for your car loan with Savvy?
What our customers say about their finance experience
Top tips for cutting down on the cost of your car loan
If you have any savings you’re willing to put towards your car loan, doing so can help you save hundreds of dollars, if not more, over the span of your car loan. A deposit is essentially an interest-free contribution, meaning it’ll reduce the balance on which you have to pay interest. For instance, a $50,000, five-year loan at 7.5% p.a. would cost over $1,000 less with a $5,000 deposit.
One of the key areas lenders look to when considering car loan applications is your credit rating. This gives them an indication of how you’ve gone repaying similar debts in the past. You can improve your credit score before you apply by paying off any existing debts which may be outstanding or reducing the limits on your credit cards, which can in turn lower your interest rate.
The shorter your car loan term, the less it’ll cost you overall. This is because of the way interest is calculated on car loans, which is based on the amount outstanding each day. As such, while a $30,000 car loan over five years at 7.5% p.a. would cost you just over $6,000 in interest overall, cutting that down by a single year to a four-year loan would save you over $1,200.
Perhaps the simplest way to help you reduce the cost of your car loan is to compare your options thoroughly. By applying with Savvy, your consultant will take the guesswork out of picking the most affordable car finance deal, comparing offers from our vast range of lenders to narrow down which is the cheapest in terms of interest and fees and is most suitable for you.