Car Loans Western Australia
Compare affordable car finance options with Savvy and drive away with a great deal wherever you are in WA.
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Savvy Editorial TeamFact checked
Low rate car finance options in Western Australia
Finding the right car loan for you in a sea of competitive lenders and rates can seem a daunting prospect to take on by yourself. That’s why, when it comes to finding the right lender and loan to purchase their next vehicle, many Western Australian motorists from Port Hedland to Perth to Pithara choose Savvy.
From Esperance to Kalgoorlie, we’ll help you find the best car loan to suit your individual needs from our panel of over 25 of Australia’s leading car financiers. Compare low rates and fees and flexible repayment options when you submit a quote through Savvy, which will only take you a few minutes to complete. Get started with your application today and own your next car in a matter of days.
Our car loan features and benefits
Competitive interest rates
With offers starting from a very low rate, you can lock in your car loan deal with an affordable interest which remains across your loan.
Flexible repayment terms
You can pay back your car loan over anything between one and seven years, offering options for borrowers who want to reduce overall interest and make monthly payments more affordable.
No deposit necessary
Borrowers are given the choice of making a deposit on their car loan or borrow up to the entire cost of their new vehicle and repay it on their terms.
Buy a car anywhere
You’ll have the choice to buy new and used vehicles from dealerships, private sellers, and even internet auction sites, with flexible lenders who can accommodate your needs.
Cover all your costs
Use a secured car loan to cover the costs of additional vehicle purchase expenses like registration and stamp duty to pay them off with the rest of your loan.
Fixed interest rates
Gain the certainty of fixed interest so you can budget for your new vehicle purchase confidently, with repayments unchanging during your term.
Here’s why Western Australians save money with Savvy
Our reviews speak volumes
We’re platinum-rated by you, our satisfied customers, and we’re always looking to improve how we deliver great results.
Fully tailored car finance quotes
Don’t put up with vague quotes and ever-increasing interest rates elsewhere – at Savvy, we base your rate on your profile.
Trust in Savvy’s experience
We’ve been helping Australians source cost-effective car loan solutions across the country for over a decade.
Apply 100% online and save time
Do everything you need on the move, at work, or at home from a smartphone or computer, including submitting documents.
Improve your options
Access Savvy’s extensive, nationwide specialist lender panel and benefit from increased competition for your business.
Speak with a friendly consultant
One of our car finance experts will be with you along the way to ensure your application meets your lender’s requirements.
How to reduce your monthly car finance payments
Use a deposit
The bigger the deposit, the lower your monthly car finance repayments will be. Even using a small deposit can have a significant effect on the cost of vehicle finance.
For example, a five-year, $50,000 car loan with a 5% interest rate and without any down payment can demand around $944 each month. Using a 20% deposit, that figure drops to $708. Doing so will also significantly reduce your interest outlay over your loan.
Choose a longer car finance term
Extending your loan term can also have a dramatic effect on regular repayments, although you’ll pay more in interest across the whole term.
For example, the same five-year $50,000 car loan above drops from $944 to just $708 per month when extended to seven years (fees not included in the calculation).
Improve your credit rating
Increasing your credit rating in the lead-up to applying for car financing is one of the most effective ways of reducing your interest rate and, by extension, your monthly repayments. This figure represents your record repaying and servicing debt that you’ve taken on.
Lenders have more confidence in borrowers with higher scores and will reward good credit with lower rates. You can reduce your interest by paying off existing debts and lowering the limits on your credit cards.
Compare lenders with low or no fees
By being thorough in your comparison, you can look for lenders who charge less in fees overall (as well as interest). When you apply through Savvy, your consultant will be looking in the same areas to try to find you the more affordable car loan deal.
You stand to benefit in the form of savings worth hundreds of dollars even if you can find a five-year loan with monthly fees $5 cheaper than another.
Buy a used car
If you’re on a tighter budget, a used car can save you a tremendous amount of money. Cars plummet in value the minute you drive them off the dealership forecourt. In fact, they continue to do so at a steep rate for the first few years.
Buying a car older than three years of age means that you sidestep the most marked decline in value, making them far less expensive to purchase.
What our customers say about their finance experience
Savvy is rated 4.8 for customer satisfaction by 3340 customers.
Frequently asked car finance questions by WA drivers
The exact amount you can borrow for a car is determined when the lender examines your credit score and other elements of your car finance application. How long you’ve been in your current job, whether you’re asset-backed (own property) and your disposable income all play major parts in that decision. Different lenders offer different borrowing ranges when it comes to car finance, but you can generally borrow from just $5,000 up to $100,000 and beyond.
We can help you have your loan turned around from quick quote to settlement and the release of funds in as little as 48 hours. Car loans work quickly, allowing you to get on the road in no time, especially if you need to urgently replace your existing vehicle as a means of getting to work.
Yes – there’s nothing stopping you from trading in your vehicle and borrowing the balance of the cost of your new car. Unlike with dealership finance, borrowers are free to sell their car privately too, which typically results in a better price and lower borrowing costs.
Western Australians have several options for commercial car finance, including leases, loans, and even rent-to-buy. You’ll need to be using your vehicle for work 50% of the time or more to qualify for business car finance.
Yes – Savvy partners with lenders who can finance cars up to 25 years of age at the end of your loan. If you’re looking at a classic or very old vehicle, you could consider a specialist classic car loan or personal loan, which doesn’t require that you use the car as security.
Yes – however, bad credit car finance attracts higher costs when you borrow for a car, via the interest rate. You may also be more restricted when it comes to the choice of vehicle, as you won’t be eligible to access 100% financing for top of the range cars.