Novvi Car Finance

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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.


Application Fee

From 4.54% (fixed)

Interest Rate (p.a.)


Comparison Rate (p.a.)

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Product NameNovvi Car Loan
Interest Rate (p.a.)From 4.54% (fixed)
Comparison Rate (p.a.)5.27%
Interest Rate TypeFixed
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.

Car Loan Offers

Important Information*
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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.

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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.

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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.

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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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