Used Car Loans
Drive away with a competitive personalised interest rate on your next used car with Savvy.
Compare used car loans
Many Australians prefer to buy used instead of new for a variety of reasons. After all, the average age of cars across Australia is 10.1 years old, as per the ABS’ data. They’re generally a fair bit cheaper and have less depreciation left in their lifetime than a new car.
That’s why Savvy is here to help you find the perfect car loan to suit your needs, with our diverse panel of lenders who can finance vehicles without any age restrictions. We take you all the way through the application process to help you find the right loan to finance your second-hand car.
Get in contact with us today with a quick quote to get your application up and running and find the best used car loans with Savvy.
Our used car loan features and benefit
We can help you find secured financing for cars from a range of makes and models up to 20 years of age at the time of purchase.
You can choose whether to buy your car from a private seller or head to a used car dealership and we can help you find financing.
With interest rates from just 3.99% p.a. (4.36% p.a. comparison rate), you can save hundreds on your car finance with our panel of lenders.
With financing available up to the maximum value of your car, you can buy vehicles of all different types with a car loan.
Shape your repayments by deciding how to service your loan; you can choose a short term or smaller repayments over a longer period.
Your used car can be Australian-made or manufacturer-imported and not have been written off in the past.
We accept all employment and credit history types, with loans available to full-time, part-time, casual and self-employed workers.
Pay up to $600 for your application fee and up to $20 monthly, as well as up to $600 to $900 for early repayment, although these vary in cost and can be waived altogether by lenders.
Why so many Australians come to Savvy for used car finance
How to apply for financing for a used car
Submit your application
The first step to take in this process is to fill out our application form. This lets us know more about you and the type of car you want.
Once you submit this, our advanced system pairs your details with a range of lenders which are the best match for your profile.
Your Savvy consultant then gathers a selection of the best offers and presents them to you to choose from. You can compare these options in areas such as interest rate, repayment flexibility and car age restrictions.