Low Doc Car Loans
30 Aug
Today's
Best Rate
Low Doc Car Loans Rates From 7.49% Fixed
With A low 8.0% Comparision
Doctors Loan Australia

Low Doc Car Loans for Business Vehicles Made Simple

As a business owner, your time is valuable, and we understand that gathering traditional income documents such as tax returns and financial statements isn’t always practical. Low doc car loans make it easier to access the funding you need, by allowing lenders to consider alternate proof of income, to show repayment capacity.

As your Low Doc Car Loan Specialist, we have access to over 50 different lenders, to find you the best loan options and deals on the market, tailored to your needs. No matter the make or model, whether you need to finance a new car, ute, van, truck, or any other business vehicle, we can help.

The key features of a low doc car loan include:

  • Reduced Documentation: Low doc loans require less stringent income verification compared to traditional loans. Instead of providing extensive financial records, you will need to provide alternative documents, such as bank statements, business activity statements (BAS), or accountant's letters to demonstrate your income.
  • Flexibility for Self-Employed Individuals: Low doc car loans are particularly beneficial for self-employed individuals or small business owners who may have fluctuating income or difficulty meeting the strict documentation requirements of standard loans.
  • Accessible Financing: These loans provide an opportunity for borrowers with limited documentation to secure financing for a car purchase. It opens up possibilities for those who may not qualify for traditional loans due to unconventional income sources or limited financial history.

 

If you’d like to know how much you qualify for, no problem, speak with us about setting up a car loan pre-approval so you know exactly how much your finance will be even before you commit to proceed. This is an obligation free service that we provide our customer.  At Fox Finance Group, we understand business and we will finance that new ute, van or truck that you are needing for your business.

 

Am I Eligible for a Low Doc Car Loan in Australia?

Am I Eligible for a Low Doc Car Loan in Australia?

Eligibility for a low doc car loan in Australia depends on certain criteria. While each lender may have specific requirements, here are some general factors to consider:

  • Self-Employment: Low doc car loans are typically designed for self-employed individuals or small business owners who may have difficulty providing traditional income documentation, such as tax returns or financial statements.
  • Proof of Income: You will need to provide alternative documents to demonstrate your income, such as bank statements, business activity statements (BAS), or accountant's letters verifying your income.
  • Credit History: Lenders assess your credit history to evaluate your creditworthiness. While low doc car loans are available for borrowers with less-than-perfect credit, a positive credit history improves your chances of approval and may affect the interest rate offered.
  • Loan-to-Value Ratio (LVR): A lender will consider the LVR, which is the loan amount compared to the value of the car. Typically, a lower LVR improves your chances of approval and may result in more favorable loan terms.
  • Genuine Savings: Some lenders require evidence of genuine savings, which show your ability to manage finances and make regular contributions towards a deposit.
  • Documentation and Loan Application: Even though low doc car loans require less traditional documentation, you will still need to provide identification, proof of residency, and other necessary documents as per the lender's requirements.

To determine your specific eligibility and explore the available options, it's a great idea to consult with a finance broker like Fox Finance Group who specialise in low doc car loans and can guide you through the application process and help you find suitable loan options based on your circumstances.

Let Us Find You The Best Low Doc Car Loan

Let Us Find You The Best Low Doc Car Loan

Your vehicle is essential to keeping your business moving. But when it’s time to upgrade, endless paperwork and complex requirements can make the process feel out of reach. That’s where Fox Finance Group comes in. We specialise in low-doc car loans, making it fast and simple for business owners like you to access the right finance, so you can secure the vehicle you need, while staying focused on what matters most: growing your business.

Apply for a Low Doc Car Loan

Car Finance Options

car loans
Secured Car Loans

Low Rate Secured Car Loan Specialists

A secured car loan is a type of loan used to purchase a vehicle where the loan is secured against the car itself. This means that the lender holds the car as collateral until the loan is fully repaid.

The car being purchased is used as security for the loan, which means that if the borrower defaults on the loan, the lender has the right to repossess the vehicle to recover the outstanding debt. Because the loan is secured, the interest rates on a secured car loan are generally lower than those for an unsecured loan.

Apply for a car loan

car loans
Business Car Loans

Get the Best Business Car Finance

A business car loan is a facility used to fund the purchase of a vehicle for business purposes. The type of vehicle can vary in make and model, depending on the type of business it will be operating for. This product can best suit business owners, self-employed applicants with a valid ABN, or company managers and directors. There are several options available in this category of loans including Low Doc Car Loans, No Doc Car Loans, Truck Loans, Transport & Equipment Loans and more.

At Fox Finance Group, we’re committed to providing outstanding customer service and treating each customer with respect and integrity. We understand that finding a business car loan can be time consuming, which is why we’ll do all of the legwork for you. We can help you find business car finance that fits your budget and enables you to get the business vehicle you need.

Apply for a business car loan

car loans
Classic Car Loans

Let us Help You Get the Best Classic Car Finance Today!

We’re the Classic Car Finance experts! We get your passion for old school! We have been helping our clients with low rate classic car finance since 2006. The knowledge and expertise that we have gained over the years allows us to fully understand your passion and just about every model car thrown our way. We can also help you finance your new pride and joy whether you are buying from a classic car dealer, or a private seller.

Apply for a classic car loan

car loans
Bad Credit Car Loans

Bad Credit Car Loans Made Simple

Fox Finance Group takes pride in our extensive knowledge of lending to all varieties of client profiles. We understand that people experience unexpected events that may affect their credit score. Through our strong product knowledge, and relationships we have built with lenders, we have the ability to negotiate and compare the best options suited to your profile.  If you’d like to know how much you qualify for before proceeding, we can discuss obtaining a pre-approval for you, which will entail all details of your loan before you commit to settlement. This is an obligation free service that we provide our customers.

Apply for a bad credit car loan

car loans
Private Sale Car Loans

Private Sale Car Loans Made Simple

If you have just found your next sedan, 4WD, ute, hatch, or any other vehicle privately and you need some finance to purchase it, we’d love to help. Our knowledge and expertise in private sale car loans is demonstrated through our streamlined customer process. We make all arrangements for you with the private seller, all you’ll have to do is negotiate a price! This is an obligation free service that we provide our customers.

Apply for a private sale car loan
  • Low Rate Secured Car Loan Specialists

    A secured car loan is a type of loan used to purchase a vehicle where the loan is secured against the car itself. This means that the lender holds the car as collateral until the loan is fully repaid.

    The car being purchased is used as security for the loan, which means that if the borrower defaults on the loan, the lender has the right to repossess the vehicle to recover the outstanding debt. Because the loan is secured, the interest rates on a secured car loan are generally lower than those for an unsecured loan.

    Apply for a car loan
  • Get the Best Business Car Finance

    A business car loan is a facility used to fund the purchase of a vehicle for business purposes. The type of vehicle can vary in make and model, depending on the type of business it will be operating for. This product can best suit business owners, self-employed applicants with a valid ABN, or company managers and directors. There are several options available in this category of loans including Low Doc Car Loans, No Doc Car Loans, Truck Loans, Transport & Equipment Loans and more.

    At Fox Finance Group, we’re committed to providing outstanding customer service and treating each customer with respect and integrity. We understand that finding a business car loan can be time consuming, which is why we’ll do all of the legwork for you. We can help you find business car finance that fits your budget and enables you to get the business vehicle you need.

    Apply for a business car loan
  • Let us Help You Get the Best Classic Car Finance Today!

    We’re the Classic Car Finance experts! We get your passion for old school! We have been helping our clients with low rate classic car finance since 2006. The knowledge and expertise that we have gained over the years allows us to fully understand your passion and just about every model car thrown our way. We can also help you finance your new pride and joy whether you are buying from a classic car dealer, or a private seller.

    Apply for a classic car loan
  • Bad Credit Car Loans Made Simple

    Fox Finance Group takes pride in our extensive knowledge of lending to all varieties of client profiles. We understand that people experience unexpected events that may affect their credit score. Through our strong product knowledge, and relationships we have built with lenders, we have the ability to negotiate and compare the best options suited to your profile.  If you’d like to know how much you qualify for before proceeding, we can discuss obtaining a pre-approval for you, which will entail all details of your loan before you commit to settlement. This is an obligation free service that we provide our customers.

    Apply for a bad credit car loan
  • Private Sale Car Loans Made Simple

    If you have just found your next sedan, 4WD, ute, hatch, or any other vehicle privately and you need some finance to purchase it, we’d love to help. Our knowledge and expertise in private sale car loans is demonstrated through our streamlined customer process. We make all arrangements for you with the private seller, all you’ll have to do is negotiate a price! This is an obligation free service that we provide our customers.

    Apply for a private sale car loan
Apply for car loan

5 Simple Steps To Getting Your Car Loan

  • 1. Apply
    1. Apply

    Provide some details about yourself, your loan objectives, and the car you want to buy.

  •  2. Speak to an expert
    2. Speak to an expert

    Our car loan Lending Specialists will run through all of the finer details to get your vehicle finance underway.

  • 3. Get pre-approved for your car
    3. Get pre-approved for your car

    We'll get you approved with the lender best suited to your individual profile. You'll be able to go car shopping, knowing exactly what you can purchase!

  • 4. Sign your loan contracts
    4. Sign your loan contracts

    Once everything is verified, we'll walk you through a simple contract signing process.

  • 5. Get your new car!
    5. Get your new car!

    We'll communicate with your lender through the entire settlement process. You'll know exactly when you can pick up the new car!

5 Simple Steps To Getting Your Car Loan

 

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