LETS BRIEF YOU ON PRE-APPROVAL
PRE-APPROVAL CHECKLIST
Below is a guide on how to qualify for pre-approval before you land
YOU MUST:
Be a New Zealand citizen
Only New Zealand passport holders are eligible for this finance option. If you are on a visa CLICK HERE for your pathway to approval.
Have a work contract ready to go in Australia
Proof of employment ensures stable income for your loan repayments.
Not have poor credit
Applicants with strong credit histories are more likely to be approved.
Be prepared to place a 10-20% deposit
A deposit reduces lender risk and improves your loan approval changes.
YOU MAY:
Be a home owner in New Zealand (This could waive the deposit requirement)
Property ownership can improve approval odds and reduce upfront deposit needs.
Have had good credit on a past car / home loan
Positive credit history demonstrates reliability and strengthens your application profile.
NOT A NEW ZEALAND CITIZEN?
No worries! Click below for your pathway to pre-approval
FAQs
Do I need Australian citizenship to apply for a car loan in Australia?
No! You can be a New Zealand citizen and still get car finance in Australia.
Can I apply for a car loan in Australia if I don’t have an Australian address?
You can, however you need to be able to prove to the lender where you will be living in Australia once you land.
Do I need an Australian bank account to get a car loan?
Yes, you would need to get an Australian bank account before your car loan gets settled.
Will Australian lenders check my NZ credit score?
Some lenders check your New Zealand credit history and this has a high affect on whether your car loan will be approved.
