Key highlights
- Most applications start with ID, ABN and GST details
- You may need bank statements, tax returns or financials
- Low-doc options reduce the paperwork for eligible applicants
- Have vehicle price, seller details and invoice ready
- Simon tells you exactly what you'll need for your situation
Knowing what paperwork to gather ahead of time makes applying for car finance far smoother. The exact list depends on the lender and whether you go full-doc or low-doc, but a few essentials are common. Overdrive helps you prepare and matches you with a lender that suits your documentation.
What documents do you need to start?
Most applications start with identification, your ABN details and, often, your GST registration. Lenders use these to confirm who you are and that your business is genuine before assessing the application, subject to lender criteria.
What financial documents do lenders need?
Depending on the loan type, you may need recent bank statements, tax returns or financial statements. Low-doc options for eligible applicants can reduce this, relying more on ABN details and bank statements rather than full financials.
What vehicle details must you provide?
You will also need information about the vehicle, such as the purchase price, seller details and any invoice or contract. Requirements vary between lenders, and for questions about tax records, check with your accountant or registered tax adviser.
Not sure exactly what you will need? Simon can tell you based on your circumstances and provide an obligation-free quote. It is a soft check that won't affect your credit score, so reach out to Overdrive to get prepared.
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