Alfa Romeo Finance Options

Discover a range of finance options that’ll help you get on the road in a luxury Alfa Romeo.

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Alfa Romeo has championed its Italian heritage since its birth in Milan in 1910. If you’re worried that an Alfa Romeo might be out of your price range, you’ll be pleased to know though that some models don’t have the price tag that normally matches such luxury – the Giuletta starts from $30,000, whereas the 4C Spider will cost you $107,114 drive-away.

If you don’t have that money on hand, there are a few ways you can finance an Alfa Romeo. This guide will take you through what you need to know.

How can you finance an Alfa Romeo?

Owning your own Alfa Romeo can be an experience in itself. However, if you’re confused about your finance options, read on and learn more about how you can pay for your future car.

  • Dealership finance. Alfa Romeo doesn’t offer any dealership finance, unfortunately, but it does allow you to purchase a demo vehicle or a pre-owned vehicle. This is a much more affordable option to consider.
  • A novated lease. This is where you, your employer and a finance company agree to bundle the costs of your vehicle and use pre-tax dollars to pay off your car. This gives you a tax break and you are able to choose whatever car you want, including older models, as there are no restrictions as there would be on a secured car loan.
  • Chattel mortgage. A chattel mortgage is ideal for business vehicles. If you can convince your manager that an Alfa Romeo is a great work car, more power to you. A chattel mortgage allows you to take ownership of the vehicle at the time of purchase and, once you’ve paid off the chattel, you have clear title to the car.
  • Secured car loan. For this loan, which is secured against your new car, there are sometimes restrictions on what kind of car you can purchase. This varies from lender to lender. For example, some lenders only allow a secured loan on cars that are up to 2 years old, but others will let you purchase used cars up to 12 years old. Rates generally range from 5% to 10% p.a. Application and monthly fees may also apply.
  • Unsecured personal loan. An unsecured loan is an option to consider if the Alfa Romeo you want to purchase is an older model or you also want to use the funds for a different purpose, such as to cover on-road costs. As there isn’t an asset that’s offered as security on the loan, such as savings, a boat or caravan or a term deposit, the interest rates for this type of loan are higher, ranging between 8% and 17% p.a.

Loan options to finance a Alfa Romeo

Data indicated here is updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Loans.com.au - New and Dealer Used Car Loan
From 4.67% (fixed)
5.22%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
NRMA New Car Loan
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p. a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
IMB New Car Loan
4.99% (fixed)
5.34%
$2,000
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPS registration fee)
$0
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
Latitude Personal Loan (Secured)
From 5.99% (fixed)
7.26%
$3,000
1 to 7 years
Loans under $5000 - $140
$13
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
Wisr Secured Car Loan
From 5.19% (fixed)
5.46%
$5,000
3 to 7 years
$195 (Includes PPSR registration and private sale fee, if applicable)
$0
You'll receive a personalised interest rate from 5.19% p.a. to 17.69% p.a. based on your risk profile
A flexible car loan from $5,000 - $50,000 with personalised rates and rewards for strong credit customers.

NRMA Used Car Loan
From 6.49% (fixed)
7.19%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
Plenti Car Loan
From 4.89% (fixed)
5.44%
$2,000
3 to 7 years
from $249 to $799
$0
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Credit Concierge Car Loan
From 3.99% (fixed)
5.08%
$10,000
1 to 7 years
$350
$8.50
You'll receive a fixed rate of 3.99% p.a. with a comparison rate of 5.08% p.a.
Get access to over 20 providers to fund a new or used car.

Stratton Finance New Car Loan
From 4.05% (fixed)
5.63%
$10,000
3 to 7 years
$700
$8.25
You'll receive a fixed rate from 4.05% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
NAB Personal Loan Unsecured Fixed
From 9.99% (fixed)
10.88%
$5,000
1 to 7 years
waived
$10
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
SocietyOne Car Loan
From 6.99% (fixed)
6.99%
$5,000
2 to 5 years
from 0% to 5% of the total loan amount
$0
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Symple Loans Personal Loan
From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
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Compare up to 4 providers

How much will an Alfa Romeo cost?

The car’s costs will vary depending on how much care you want to put into your vehicle. For instance, Alfa Romeo recommends its own Selenia oil for top-ups, an expensive motor oil that is said to meet the exacting demands of Alfa Romeo’s engine design. There’s also servicing to consider, and as a luxury brand you’ll more than likely want to go to the dealership for this, which can be more expensive.

The cost of the car loan itself is an important consideration, so make sure you get all the information you need about interest rates and any extra fees and charges. It’s always a good idea to use a car loan repayment calculator to get a complete picture of the total amount of interest you will pay and the ongoing repayments you will have to make.

How to decide on finance for your Alfa Romeo

Some features that will help you decide between lenders include:

  • Interest rate. The interest rates vary between lenders and whether or not you’re offering an asset as security. Make sure you compare similar loans to ensure the loan you apply for has a competitive rate.
  • Upfront and ongoing fees. Be aware of any upfront and ongoing fees, such as application fees or monthly fees, as these can add to the cost of your loan.
  • Repayment flexibility. Some lenders will offer you a choice between weekly, fortnightly or monthly repayments so you can tailor your repayments to your pay schedule.
  • Balloon payments. This is an amount that is deducted from your principal, usually $5,000 or more, and must be paid at the end of your loan as a lump sum. While this can lower your ongoing repayments, it can be a large amount to have to pay at once. Balloon payments usually only apply to dealership finance.

Frequently asked questions about financing an Alfa Romeo

Should I get a new or used Alfa Romeo?

This depends on your financial circumstances. If you know you love that new car feeling and have the means, splash out on a new Alfa Romeo. If you’re not too bothered about who has owned the vehicle or know that new is beyond your budget, a used Alfa Romeo might be the right option for you.

How much does an Alfa Romeo cost to service?

Alfa Romeo has a calculator that explains what you’re likely to pay for a service.

What kinds of vehicles does Alfa Romeo offer?

Alfa Romeo offers a range of vehicles, from small cars such as the Giulietta that are made for city living to the much larger Stelvio, an Italian take on the SUV.
Pictures: Shutterstock

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Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

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