If you're on a bridging visa, you've probably found that many lenders won't take your application. (We explain why in can bridging visa holders get a car loan?) This guide focuses on the practical question: what can you actually do?
1. A specialist lender through a broker
A handful of lenders will consider bridging visa holders, usually those on a Bridging Visa A or B with a pending permanent or partner visa, full work rights and steady employment. You won't find them on comparison sites, and they typically charge more than mainstream lenders. A broker knows which ones to approach, so you don't pile up declines.
2. Add a guarantor
An Australian citizen or permanent resident who guarantees the loan can make a big difference. It's a serious commitment: if you can't pay, they're legally responsible. Only consider it with someone who fully understands that, ideally after they've had independent advice.
3. Put down a bigger deposit
Borrowing 60% of a car's price is a very different risk to borrowing 100%. If you can save 20% or more, more doors open.
4. Buy a cheaper car, for now
A reliable car you can buy outright, or with a small loan, may carry you through until your visa is decided. Once you're a permanent resident, you'll have access to far more lenders and better rates for your next car.
5. Car subscription
Subscription services include registration, insurance and servicing in one payment, and you can usually hand the car back. It costs more than owning over the long run, but there's no loan and no risk of being stuck with a car if your circumstances change.
6. Wait for your visa decision
If a decision on your permanent residency is close and you can manage without a car for a little longer, waiting can save you money on interest and leave your credit file clean.
What to avoid
- Applying to lender after lender online. Each application can leave an enquiry on your credit file.
- Lenders that don't ask about your visa at all. That usually means very high rates and fees.
- Putting the car in someone else's name for them to borrow on your behalf, unless they genuinely want the car and the debt.
Want to know which option fits you? Tell us your visa, work and budget in about 60 seconds and a licensed broker will call you. No credit check to enquire.
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General information only. This isn't financial or migration advice and doesn't take your personal circumstances into account. Lender policies vary and change over time. Finance the Ride is a referral service and doesn't hold an Australian Credit Licence. Last reviewed September 2026.
