Car Loans for MG
Apply for car finance through Savvy today and drive away in your MG before you know it.
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Savvy Editorial TeamFact checked
Compare car loans for MG purchases
MG is a renowned British-formed, Chinese-owned automotive company with a rich history dating back to 1924. With a reputation for producing stylish and affordable vehicles, MG has become a popular choice among car enthusiasts, selling the seventh-most vehicles across the country in 2022 and having its flagship vehicle, the ZS, finish eighth among all models.
If you're considering purchasing an MG vehicle in Australia, Savvy offers a wide range of car loan options to help you make it happen. Whether you're looking for car finance for personal use or commercial use, such as chattel mortgages and car leases, we can provide tailored solutions to suit your needs.
Our team of experts can guide you through the loan application process, ensuring a seamless and hassle-free experience. Take the first step towards driving your new MG by getting a quick online quote for your car loan with Savvy today!
The features and benefits of a car loan with Savvy
Competitive interest rates
By applying with Savvy, we can find you the best car loan interest rate available for your profile from our panel of over 40 lenders, helping you save on your loan.
Borrow up to 100% of your MG’s value
You can borrow as much as 100% of the purchase price of your MG, with no requirement for you to make a deposit (provided you can afford your loan’s repayments).
Flexible loan terms from one to seven years
You’ll be able to choose a repayment term which suits your needs as a borrower, with options available as short as one year and as long as seven to pay off your loan.
Pay weekly, fortnightly or monthly
You can also select how often you make your repayments, with options for weekly or fortnightly instalments if you wish to make them more often or once per month to space them out more.
Fast online applications and approvals
When you apply through us, we can get your car loan application approved in as few as 24 hours, potentially enabling you to drive away in your new or used MG in just two business days.
Early repayments available
We’re partnered with lenders who may allow borrowers to make additional repayments across their term for free, which can potentially save you money across your loan.
Options for personal and commercial use
We don’t just help those looking for an MG for private use. If you’re wanting to buy a vehicle for your business, we can help you compare a range of commercial finance solutions.
Diverse incomes accepted
If you’re earning more than one income, such as working multiple stable jobs or receiving Centrelink payments, you can still enquire with us and we may be able to help you out.
Why finance your MG through Savvy?
Help from expert consultants
You’ll receive help from one of our experienced car finance consultants, who’ll walk you through every step of the application process.
A trusted brand
We’ve been helping Australians just like you source finance for their car purchase for well over a decade in the industry.
More options, more savings
With over 40 trusted lenders counted among our panel of partners, you’ll have more options to consider before you apply.
What our customers say about their finance experience
Savvy is rated 4.9 for customer satisfaction by 4017 customers.
How to apply for a car loan through Savvy
Get started with an online quote
The process begins with a simple online quote form. Tell us about you, the car you’re after, how much you want to borrow and your loan term. Once you’re ready to apply, your consultant can start assessing your available options.
Discuss your options with your consultant
Your consultant will call you once they’ve had a chance to review your application and our lender panel to see what we can do for you. If you’re happy with the main option they’ve presented, just give them the all-clear!
Have your application prepared for you and receive approval
From here, you can kick your feed up and wait for everything to be sorted for you. We’ll prepare your application for formal submission to one of our lenders, which can be approved as soon as within one business day.
Sign your loan documents and drive away
Once you’ve been approved, you can have your loan documents sent to you, which you can sign electronically via our portal. From there, the funds can be sent to you and you can drive away in your MG!
Calculate the car loan repayments for your MG
There’s a range of factors which help determine the cost of your car loan repayments for your MG purchase, including the size of your loan, your term, interest rate, instalment frequency and more. However, rather than crunching the numbers yourself, you can use Savvy’s handy car loan repayment calculator to help you work out its cost.
Your estimated repayments
$98.62
Total interest paid: | $1233.43 |
Total amount to pay: | $5,143.99 |