❓ Can You Get Car Finance with Only One ID?
Yes, but lenders typically require at least two forms of identification to verify your identity, residency, and financial history. If you only have one ID, you may need alternative documents to meet lender requirements.
Commonly accepted forms of ID include:
✔️ Primary ID – Driver’s licence, passport, or proof of age card
✔️ Secondary ID – Medicare card, utility bill, bank statement, or Centrelink statement
Even with only one ID, lenders may accept alternative forms of identification or extra supporting documents.
🔍 What ID Documents Do Lenders Accept for Car Loans?
| Document Type | Primary or Secondary? | Accepted Examples |
|---|---|---|
| 🏠 Proof of Identity | Primary | Driver’s licence, passport, proof of age card |
| 📄 Proof of Address | Secondary | Utility bill, lease agreement, bank statement |
| 💳 Proof of Financial Activity | Secondary | Bank statement, payslips, Centrelink statement |
| 🔁 Other Government-Issued ID | Secondary | Medicare card, tax file number (TFN) document |
If you only have one primary ID, lenders may accept a combination of secondary documents to confirm your identity.
✅ How to Get Approved for Car Finance with Only One ID
If you have just one form of identification, follow these steps to increase your approval chances:
1️⃣ Check with the Lender – Some lenders allow one ID if supported by other financial documents.
2️⃣ Provide Additional Proof of Residency – Use utility bills, lease agreements, or bank statements to verify your address.
3️⃣ Show Proof of Income – Lenders may accept payslips, Centrelink statements, or tax returns as supporting documents.
4️⃣ Use a Guarantor or Co-Signer – A co-signer with full ID documentation can help secure approval.
5️⃣ Work with a Finance Broker – Brokers help find lenders who accept minimal ID requirements.
🚨 What If Your Car Loan Application Is Declined Due to Limited ID?
If lenders reject your car finance application due to a lack of ID, try these solutions:
✅ Apply for a Second ID – Get a Medicare card, proof of age card, or tax file number document.
✅ Find a Specialist Lender – Some lenders offer loans with minimal ID requirements.
✅ Use a Co-Signer – A co-signer with complete ID documents can improve your chances.
✅ Consult a Finance Broker – A broker can match you with lenders who accept alternative identification.
🚀 How a Finance Broker Can Help You Get Car Finance with One ID
A finance broker can assist applicants with limited ID by:
✅ Finding Lenders That Accept Minimal Documentation – Some lenders allow one ID with supporting documents.
✅ Helping You Strengthen Your Loan Application – Brokers ensure you provide the best available documentation.
✅ Negotiating Better Loan Terms – They help secure lower interest rates and flexible repayment options.
🔑 Final Thoughts
Getting car finance with only one ID is possible, but lenders may require extra supporting documents. By providing proof of residency, income verification, and working with a finance broker, you can increase your chances of securing car finance with minimal ID requirements.
🚗 Need a car loan but only have one ID? Get expert help today to find the best finance options for your situation!
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.
