This Mortgage Refinancing Trap Could Cost You $21,000
Mortgage refinancing is becoming more and more common among Australian homeowners. Indeed, according to the Australian Bureau of Statistics (ABS), the June Quarter of 2025 saw 155,217 home loan refinances. That’s the highest of any quarter since the ABS started collecting data in the September Quarter of 2019. On top of that, survey data from […]
Aussies Still Love Their Commodores and Falcons – Even After the Final Lap
Despite no new models being released since 2020, Australians are still flocking to buy Holden Commodores and Ford Falcons. The Commodore was the sixth-most popular used vehicle financed through Savvy last financial year and the 19th-most popular vehicle for used dealerships in the first six months of 2025. Over the last 35 years, there have […]
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Rent-to-Own Cars TEST
What are car loans and how do they work? A car loan is a product designed to help borrowers purchase a new or used vehicle. They’re typically repaid over a period of one to seven years, which you’ll often have a say in when you apply. A lender, after conducting responsible lending checks, will approve […]
Used Car Loans
What used cars can I finance? Before we get to the types of used cars available on the market, all vehicles must meet a set of eligibility criteria before they can qualify for a loan. The main factors you’ll need to look out for when choosing your car are: Vehicle age: lenders will usually enforce […]
When is the Best Time to Buy a Car in Australia?
When it comes to making a big financial commitment like purchasing a car, it’s essential to get your timing right. You could make big savings on your car purchase just by waiting for the perfect moment to strike. Here are some of the best times to shop for your next car. End of the financial […]
46% of Australians Paying Between $91 and $160 on a Tank of Fuel
As part of our ongoing investigation into the rising cost of living, Savvy takes a look at rising fuel costs and their effects on everyday Australians. 46% of Australians are spending between $91-$160 on a tank of fuel 33% of Australians are spending between $91-$120 for a fill up 17% of Australians spending over $191 […]
One in Four With Current Car Loans Gained a Deferral During COVID-19
A survey of 1,001 respondents commissioned by Savvy was split right down the middle among Male and Female demographics and almost evenly among all major age groups (18-24, 25-34, 35-44, 45-54, 55-64, 65+) showed that about 20.3% had bought a new car during the COVID-19 pandemic. 53.3% happy with current vehicle, saw no reason to […]
Where Are New Car Sales Headed? A Look at the Stats
There are almost as many cars as there are people in Australia. According to the Australian Bureau of Statistics, there are 20.1 million registered motor vehicles – that’s almost one per person of driving age. Over 2020, the national fleet grew by 1.7%. It would seem our appetite for new cars remains steady, despite lockdowns, […]
Toyota RAV4 Hybrid sales surge by 39% during pandemic, eclipsing petrol variant sales
Hybrid car sales have been strong as Australians seek to save money and help the environment, finds Savvy’s hybrid vehicles report. Of all the brands available, Toyota has cornered the largest portion of the market. Toyota hybrids accounted for 92% of all analysed hybrid sales in Australia in 2021 Toyota Rav4 Hybrid vehicle sales increased […]
73% of Australians Agree Moving to Electric Vehicles is Important to Curb Climate Change
A survey of 1,001 Australians by Savvy has revealed that 73% agree that moving to Electric Vehicles (EV) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C. 40% may purchase EVs in the future – 7% already signalling intent in next 12 months Younger Australians skew favourably to buying […]
Fuel The Biggest Hit to Aussie Pockets as Inflation Rises
Savvy’s 2022 survey of 1005 Aussies learns how rising fuel prices are affecting the cost of living in Australia. 64% of survey respondents say fuel costs are of “greatest concern” to cost of living 73% of 18–24-year-old cohort report fuel costs are their greatest concern 22% spend $61-$90 per week on fuel 51% of respondents […]