Car loan for temporary visa holders

Car loans for temporary visa holders in Australia

Can I get a car loan if I am on a temporary visa?

Yes, you can get a car loan if you are on a temporary visa in Australia. However, you will be required to prove that you can make the repayments.

How long will the car loan term be?

Generally, you will be required to repay the loan before your temporary visa ends. However, if you are a temporary visa holder on a sponsored visa and working in a professional job you may be able to get a loan term that is longer than your temporary visa period. This will be assessed on a case by case basis.

Do you offer car loan refinancing for visa holders?

Yes, in some cases we may be able to help visa holders refinance their car loan to a better interest rate and reduce the loan term or reduce the payment amount.

What interest rates are available for visa holder car loans?

This will be determined by your deposit and your situation. If you have a good deposit then your interest rate will be lower.

Can student visa holders get car loans?

No, student visa holders cannot get car loans.

 

Online car loan application for 457 visa holders

Are you a 457 visa holder looking for a car loan? You can apply online to find out if you are eligible, how much you can borrow for a 457 visa car loan. Certain minimum conditions apply.

Minimum income required is $35,000 per year before tax.

You must have a credit file for at least 6 months and have NO credit defaults. You can get a credit file by successfully applying for credit card, loan, store credit or some other situations.

You must be working full time, either employed, contracting or as sole trader/self-employed

Age between: 22 – 70 years

Australian citizen or permanent resident, 457 Visa holder, New Zealand citizen

Have no more then 1 recent late payment shown as a late payment fees on bank statements and credit facilities (as evidenced on 3 months bank statements).

 

Contact us about getting a car loan for a visa holder

Enter your details into the contact form below to contact us about getting a car loan for a visa holder.

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