Eligibility Requirements
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Must be at least 18 years old
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Australian or New Zealand citizen, permanent resident, or visa holder with at least 1 year validity
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Hold a valid driver’s licence or learner’s permit
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Live at a fixed Australian address
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Receive regular, verifiable taxable income
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Car must be under 7 years old, insured, and for personal use only
Westpac Car Loan Application Steps
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Check eligibility: Ensure you and your car meet the requirements.
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Apply online: Fill out the form and receive conditional approval in 60 seconds.
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Provide car details: Submit documents from a dealer, auction, or private seller.
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Review and accept contract: Sign securely online.
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Receive funds: Money sent directly to the seller (or to your account if extra funds borrowed).
Frequently asked questions
How long does it take to get approved for a Westpac Car Loan?
You can get conditional approval in as little as 60 seconds, with final approval once documents are verified.
Is it required to explain why the credit is being used?
Yes – since the loan is secured, you must provide details of the car purchase.
Do I need a good credit score to be approved?
Yes. Your rate depends on your credit history, with better scores securing lower rates.
Can I apply for a loan if I am self-employed?
Yes. You’ll need to provide tax returns or financial statements to prove your income.