In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
Novvi Car Loan

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Compare other options
Application Fee
$0
Interest Rate (p.a.)
From 4.54% (fixed)
Comparison Rate (p.a.)
5.27%

Summary

Novvi is an online lender offering car finance products with flexible repayment terms and competitive rates.

  • Please note that this product is no longer available. The information on this page has been kept for the benefit of those who are interested and historical records only. You can compare other car loans.

Novvi helps customers secure car finance with an easy online application process and quick approval. Novvi works with several lenders offers customers a tailored product depending on their financial situation.

Starting with a minimum loan amount of $7,500, you have the option of borrowing more than 100% of the purchase price at low rates. Australians who are self-employed or have a history of bad credit are also eligible for loans.

Find out more about its car financing in this review.

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Product Name Novvi Car Loan
Interest Rate (p.a.) 4.54%
Comp. Rate (p.a.) 5.27%
Interest Rate Type Fixed
Min Loan Amount $7,500
  • Please note that this product is no longer available. The information on this page has been kept for the benefit of those who are interested and historical records only. You can compare other car loans.

Things to consider about Novvi Car Finance

Borrow from as little as $7,500 to repaid over a period of between 1 to 7 years. Novvi charges no application fees. A rate of 4.54% p.a. available and repayments are fixed throughout the loan period.

While the quote and application processes are online, Novvi's loan agents get in touch with you personally to discuss your options. You can work out your repayments with the online calculation tool or submit an inquiry online.

Features of the Novvi Car Finance loan

If you're interested in applying for car finance with Novvi, here are some of the loan features:

  • No application fees. Borrowers pay no fees when submitting a loan application.
  • Competitive interest rate. Novvi claims to offer the lowest car finance interest rate in Australia at 4.54% p.a.
  • Easy application process. You can use the online calculator to work out fortnightly and monthly repayments and then request a quote online. If you're happy with the quote, you can submit your application online.
  • Quick approval. You loan application can be approved within two hours.
  • Flexible terms. Depending on whether you're applying for a consumer or commercial loan, you can repay the loan over a period of between 1 to 7 years. Set up a direct debit or make payments through BPay.
  • Accessibility. Novvi loans are available to self-employed Australians as well as those struggling who are bankrupt. Your credit profile isn't affected if Novvi is unable to grant your loan.
  • Insurance. Novvi also assists with procuring insurance for your new car. Choose between comprehensive cover products as well as loan insurance and warranties for when you experience car trouble.

How much will the Novvi Car Loan cost?

The following fees and charges apply with a Novvi Car Loan:

  • Application fees. You don't pay any application fees.
  • Acceptance fee. Depending on which lender grants your loan, you might have to this fee.

How you can apply for the Novvi Car Finance loan

Novvi's online application is quick and approval is granted within two hours. You can get the process started by clicking "Go to Site". As this is a bad credit car loan, you can apply if:

  • You have defaults listed on your credit file
  • You've missed payments
  • Your account is in arrears
  • You have been bankrupt
  • You are self-employed

You need to be able to show that you are able to repay the loan you are applying for. Novvi accepts applications from Australians with bad credit history, but it's important to note that they can't guarantee that every application will be successful. However, your credit history won't be affected if your application is denied.

You will be asked to submit the following:

  • Name and contact details
  • Loan amount and type of loan (consumer, commercial or novated lease)
  • Desired loan term

Once you submit your application a loan agent will get in touch with you about your loan options.

Securing car finance is about more than filling in an application form and hitting "send". Borrowing a large amount of money implies a commitment to repay it, so it's important to do the research and find the deal best suited to your current financial situation.

Compare car loan providers

1 - 7 of 106
Name Product Interest Rate (p.a.) Comp. Rate (p.a.) Rate Type Application Fee Monthly Fee Monthly Repayment
loans.com.au - New - Variable Rate Special
Variable, 3 - 7 Years, $5,000 - $150,000
loans.com.au - New - Variable Rate Special
6.24% to 7.74%
7.36% to 8.85%
Variable
$400
$8
Monthly Repayment
OurMoneyMarket New Car Loan
Fixed, 1 - 7 Years, $2,001 - $75,000
OurMoneyMarket New Car Loan
6.57% to 18.99%
7.19% to 21.78%
Fixed
1.5% - 6%
min.
$0
Monthly Repayment
NRMA New Car Loan
Fixed, 1 - 7 Years, $5,000 - $130,000
NRMA New Car Loan
7.29% to 16.99%
8% to 17.77%
Fixed
$499
$0
Monthly Repayment
Note: Take out a loan for an eligible electric vehicle and receive a 1.5% discount on your personalised interest rate (interest rates start from 5.79% p.a. and comparison rates from 6.49% p.a.)
Stratton Finance New Car Loan
Fixed, 1 - 7 Years, $10,000 - $300,000
Stratton Finance New Car Loan
6.52% to 18%
6.95% to 23%
Fixed
$395
$0
Monthly Repayment
You'll receive a fixed rate from 6.52% p.a. depending on the lender you are approved with.
Apply for up to $300,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
OurMoneyMarket Used Car Loan - No Vehicle Age Limit
Fixed, 1 - 7 Years, $2,001 - $75,000
OurMoneyMarket Used Car Loan - No Vehicle Age Limit
6.57% to 18.99%
7.19% to 21.78%
Fixed
1.5% - 6%
min.
$0
Monthly Repayment
NRMA Used Car Loan
Fixed, 1 - 7 Years, $5,000 - $130,000
NRMA Used Car Loan
8.49% to 16.99%
9.21% to 17.77%
Fixed
$499
$0
Monthly Repayment
You'll receive a fixed rate from 8.49% 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.
Stratton Finance Used Car Loan
Fixed, 1 - 7 Years, $10,000 - $300,000
Stratton Finance Used Car Loan
6.52% to 18%
6.95% to 23%
Fixed
$395
$0
Monthly Repayment
You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
loading

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Elizabeth Finder

Lead Editor

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site