Easy and affordable online car finance. Choose us! | Alpha Finance

Talk to our finance specialists today 1300 257 426

Easy Car Finance Applications

Do you wish to Apply for Car Finance

Applying for car finance with poor credit can be challenging. Alpha Finance relieves that stress through our simple and easy process. No matter your circumstance, we can find the right car finance lease – even if you have bad credit.

Car Finance Eligibility

If you’re questioning your eligibility for car finance – don’t! Alpha Finance doesn’t hold your past against you. We look and assess your current financial situation without weighing too heavily on your past.

We don’t discount the 17% of Australians who have been denied because of their bad credit – in fact, we embrace them.

We accept applications from all circumstances: bad credit, bankrupt, self-employed, new visitors to Australia and pensioners.

Apply for car financing easily, by submitting your application online.

Car Finance Application Requirements:

In order to be approved, you will need to provide a few documents needed for car financing.

  1. Driver’s License – You will need to prove your identity for car financing approval. The easiest way to do this is through submitting your driver’s license, as this is this primary acceptance of proof. It is essential you submit a copy of both sides of your photo ID card.
  1. Proof of Income – These documents are required to prove your ability to afford lease payments. You will need to submit three recent pay slips and/or a Centrelink income statement.
  1. Bank Statement – You will be required to also submit three months of bank statements to further prove your income and your ability to pay your lease payments. These documents must prove you receive regular income payments.
  1. Proof of Residence – You will need to supply proof of your residence for the sake of traceability. Utility bills are the easiest forms to submit, otherwise anything similar will also do.
  2. Completed Alpha Finance Application Form – Whether you’re emailing it, sending a physical copy, or completing the application online, your form must be completed and sent with the above documents.

Applying Is That Easy! You’ll be notified of your approval once successful, and we will work with you to determine which lease agreement is best suited for you and your lifestyle.

Lease agreements are available for 36, 48 or 60 months.

Car Finance Approval Time

Once submitted, your online application form is processed within 24-hours. Unlike other financers, our car finance approval time is quick and easy – typically only taking 1-2 business days.

After your initial assessment has been conducted, you will be notified immediately after if you have been provisionally approved.

Your car can be collected as soon as your upfront payment is ready. Depending on the vehicle type, your upfront payment ranges from as little as $490 to $990.

If you have any further questions regarding the upfront payment, our Sales Finance Consultants are more than happy to provide more information.

Car Finance Rates Explained

Unlike other finance companies, Alpha Car Finance specialising in assisting Australians who would otherwise be declined by big banks and financial institutions.

We are dedicated to securing you a new vehicle through our affordable Car Finance Lease plan. This includes a low upfront deposit and agreed low fixed weekly repayments.

Alpha Finance provides two principle options which are included in your Fixed Weekly/Fortnightly Payments for the term. You can choose between:

  • Option A: Scheduled Servicing and Tyres at any mycar location, Registration & Insurance
  • Option B: Registration and Comprehensive Insurance

Other car finance companies don’t offer such a comprehensive and flexible plan. Most agreements require a 20-30% deposit – which can range from $4,000 to $5,000.

Alpha Car Finance ensures that the maximum you’ll pay for your deposit is $990.

Benefits of Financing a Car

Experience the benefits of financing a car with Alpha Finance.

  1. Drive A Car on a Tight Budget – With Alpha Car Finance’s low deposit and low fixed payments, the expense of having a car is substantially minimised. Our leases include car registration and comprehensive insurance, meaning you can easily budget your money without the worry of multiple car payments being withdrawn from your account.
  1. Improves Credit Score – Your credit score indicates whether you are a reliable borrower. Bad credit is determined on how frequently you miss payments and how many applications for credit you are denied. By being approved by Alpha Finance, you are already on your journey to improving your credit. Each time you repay your low fixed payment, you consistently increase your credit score. We offer lease agreements that made it affordable, safe and easy to improve your credit score.
  1. After your lease is completed, sell or upgrade your vehicle – You have the freedom to own your leased car outright (to keep or sell), or you can upgrade to a new car – all while staying on an easy and affordable lease. These options provide you a flexible solution at the end of your term.

Car Finance Online Application

Even without knowing the exact details of what you want, it is important to gather the car finance documents required and apply when you can. This will enable you to prepare, see what leases your eligible for and work with our team to determine what is most suitable for you.

Your application will provide answers to what options are available to your budget and which vehicle is best for your every-day life. Car financing is convenient, easy and fast – so there is no daunting pressure when applying online.

Car Finance FAQs

With Alpha Finance, getting car financing with bad credit is easy. All that is required is for you to fill out our online application and provide the documents needed for car financing (proof of identity, proof of income, bank statements and proof of residence).

Alpha Finance specialises in assisting Australians who have bad credit. Our focus is to get you back on the road, all while improving your credit score with our low fixed payment and low deposit.

Having bad credit shouldn’t stop you from having a car. Alpha Finance ensures you have a lease agreement that matches your lifestyle and budget.

Bad credit doesn’t exclude you from being approved for car financing. Our team processes your online application with required documents within 24-hours and notify you if you have been approved.

There is no “one-glove-fits-all” for car loans or financing – especially when you have bad credit. Alpha Finance assess the needs and affordability of every case and works with you to choose with lease agreement is most suitable for your lifestyle and budget.