🎓 Studying, Renting, and Need a Car?
If you’re juggling uni life, rent payments, and maybe even a casual job — you’re not alone.
A lot of Aussie students need a reliable car to get to classes, part-time work, or placements.
So, can you get a car loan while studying and renting?
Yes — but it depends on a few key things.
✅ What Do Lenders Look For?
Most lenders don’t approve student loans based on Centrelink or casual work alone. But you may still qualify if:
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You’re working part-time (at least 20 hours/week)
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You’ve been in your rental for 3+ months
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You have a clean or improving credit file
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You’re not overcommitted with other debts
And you don’t need to own property to qualify — renting is fine.
👉 Check your eligibility now — no credit score impact
💡 Student-Specific Tips for Getting Approved
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Apply with a co-applicant or guarantor if your income is low
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Limit your loan amount — keep repayments affordable
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Make sure your bank statements are clean (no dishonours or gambling activity)
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Avoid applying with multiple lenders at once
👨🎓 Can International Students Get Car Finance?
Usually not through mainstream lenders. If you’re on a student visa, finance is very limited — and generally not available unless:
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You have a visa with full work rights, Australian citizen co-applicant, or
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Are transitioning to a skilled migration or permanent visa soon
👉 Car Finance Options for Kiwis Moving to Australia
🧾 No Payslips? There’s Still a Chance
If you’re self-employed or earning through gig work, consider low doc car loans — especially if your ABN is active and income is regular.
Also helpful:
👉 Can I Get a Car Loan Without Bank Statements?
🔄 Recently Started a Job or Moved Rentals?
Lenders may still approve you if your work is consistent and recent changes are explained.
👉 Car Loans After Changing Jobs or Address
🚀 Final Word
It’s possible to get car finance while renting and studying — especially if you’re working part-time and staying on top of your money. The key is applying through the right lender and not overcommitting.
👉 Start your application online now
DISCLAIMER
The information provided on this website is general in nature only and has been prepared without considering your financial needs, circumstances and objectives and should NOT be construed as financial, taxation or legal advice. For more information, get in touch with our experienced partner brokers today.
