Whether you’re buying new or used, applying for a car loan is a lot easier if you have your paperwork ready.
At Loans Unlimited, our crew is dedicated to making the approvals process as smooth and fast as possible. They’ve supported hundreds of Western Australians during their car-buying journey, making sure they know what’s needed and when.
Let’s break down exactly what you need and what you can do if you don’t have it all ready just yet.
Here’s what most lenders will ask for when you apply for car finance in Perth or WA:
Driver’s licence (mandatory)
Passport or Medicare card (as secondary ID)
Depending on how you’re employed, this could include:
2–3 recent payslips
Bank statements showing regular deposits
An employment contract (especially if you’ve just started a job)
To verify your identity and stability, lenders need to know where you live. You may be asked for a:
Recent utility bill
Lease agreement
Rates notice (if you own property)
Once you’ve found the car, you’ll need to provide:
The make, model, year and VIN
Purchase price or invoice
Seller details (private or dealership)
This helps the lender confirm the value, age and condition of the car, all of which can impact your loan amount or term.
It’s possible that you might not have the traditional paperwork needed for a car loan. However, whether you’re self-employed or have recently arrived in Australia, you might still qualify for a low doc car loan.
These loans are designed for people who can afford repayments but don’t tick every documentation box. They require fewer formal documents, especially around income. Instead of payslips, you might provide:
Recent bank statements
A letter from your accountant
A signed income declaration
Low doc loans are most easily acquired by ABN holders, whether they be small business owners or freelance contractors. To qualify, you need to meet one or more of the following requirements:
Place a deposit
Have a strong credit history
Own or rent a home
Provide bank statements proving cash flow
Low doc loans are still subject to lender checks and the interest rate may be slightly higher to account for the extra risk, but they’re a flexible option if you don’t have the full paper trail.
When our Perth customers ask how they can get their car finance approved quicker, we tell them 3 things:
Scan everything clearly: Fuzzy photos = delays
Have your paperwork ready before applying: It shortens your approval time
Ask us early if you’re unsure: We will always give you straightforward advice and can tell you upfront what paperwork you need
Our crew have helped plenty of people who thought they “wouldn’t qualify.” With access to over 40 lenders, we can work with the documents you’ve got to find a fair and reasonable deal.
We’re here to help you get your paperwork together without any stress. If you’re missing something or you’re not sure where to start, our team are here to help.
We know not everyone fits into a neat little box, so we’ll help you chart a course best suited to your financial goals.
If you’d like to speak with a member of the Loans Unlimited’s Perth crew about documents, car loans or online auto finance, drop your details in our contact form and we’ll be in touch with you shortly.
Loans Unlimited are Perth and Western Australia’s premier loan and finance brokers. We have helped thousands move towards their financial goals by offering lower rates and faster approvals when it matters. Financial services are provided by Total Biz Pty Ltd T/A Loans Unlimited ABN 78 624 937 882 ACL 506875.
* The comparison rate shown is for a secured loan amount of $30,000 over a term of 5 years based on monthly repayments. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Any calculations or estimations do not constitute an offer of credit or a formal credit quote and is only a calculation of what you may be able to achieve based on the information you have entered. It does not take into account suitable product features or loan product types. Rates + repayments shown are based on user inputted data. All applications for credit must be verified prior to the formal assessment process. All applications for credit approval are subject to lender credit approval. Approval is not guaranteed.
