What is a low doc car loan?

A low documentation (or low doc) loan provides flexible financing solutions for self-employed people, sole traders and contractors who are unable to provide the verification documentation traditionally required by lenders. Our low doc car loan is available to qualified borrowers who are able to verify their income levels using alternative methods rather than annual tax returns. Contact a Liberty Adviser today to find out more.

What are the benefits of a car loan?

The most obvious benefit of securing a car loan is that you can purchase a car without paying anything upfront. Most people do not have the necessary savings to pay the full cost of a car or would prefer to use their savings for other things. And, if you need a car urgently, you don't have to wait until you've saved up for the total cost.

What is a balloon repayment?

Sometimes known as a residual payment, a balloon payment is an amount due at the end of the car loan term to finalise the contract. It is commonly used to structure a facility where the borrower requires a lower monthly repayment over the loan term, to assist in managing their cash flow.

What are the repayments for a car loan?

Liberty offers a range of car loan options to suit your circumstances, with some products offering the flexibility of weekly, fortnightly or monthly repayments. We work with each customer to find a loan product that fits their circumstances.

Excellent

Low doc car loan

Name: Liberty Financial
Address: 16/535 Bourke St, Melbourne, VIC, 3000, Australia
Telephone: 13 11 33
Price range: Contact Us

We look at alternative routes to help self-employed people access low doc car loans.

Low doc car loan

We think differently to other lenders

At Liberty, we think differently about car loans for self-employed people. Whether you’ve been in business for years or are running a new business start-up, our low-doc car loan can offer fuss-free finance.

Solutions for start-ups
Suitable for self-employed
Alternative proof of income
Discounts apply for electric vehicles7
Rates from 9.45% p.a.

Easy to understand features, variables and fees

Features

Maximum loan amount⁴

$100,000

Minimum loan amount

$5,000

Maximum loan term

7 years

Minimum loan term

2 years

Repayments weekly, fortnightly, monthly

Balloon payments³

Older vehicles okay⁶

Discounts apply for electric vehicles⁷

Loan variables

Start-up/established business

Flexible payment options

Alternative income verification

Fees^{^}

Application fee

Varies

Ongoing fee

$10 per month

Discharge fee^{^^}

$125

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Liberty low doc car loans FAQs

A low documentation (or low doc) loan provides flexible financing solutions for self-employed people, sole traders and contractors who are unable to provide the verification documentation traditionally required by lenders. Our low doc car loan is available to qualified borrowers who are able to verify their income levels using alternative methods rather than annual tax returns. Contact a Liberty Adviser today to find out more.
The most obvious benefit of securing a car loan is that you can purchase a car without paying anything upfront. Most people do not have the necessary savings to pay the full cost of a car or would prefer to use their savings for other things. And, if you need a car urgently, you don't have to wait until you've saved up for the total cost.
Sometimes known as a residual payment, a balloon payment is an amount due at the end of the car loan term to finalise the contract. It is commonly used to structure a facility where the borrower requires a lower monthly repayment over the loan term, to assist in managing their cash flow.
Liberty offers a range of car loan options to suit your circumstances, with some products offering the flexibility of weekly, fortnightly or monthly repayments. We work with each customer to find a loan product that fits their circumstances.

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Loan repayment calculator

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When others see the impossible, we look past that and see what we can achieve together.

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Other loans you might like:

Business car loan

For those who just want to get on with business.

Borrow up to $100,000⁴
Loan terms up to 7 years
New and used vehicles accepted⁶
Balloon payment options³

RATES PER ANNUM FROM

9.45%

Find out more

All car loans

Things you should know:

2Maximum loan amount for non-business applicants under 23 years of age is $25,000.

3The maximum vehicle age at the end of the loan terms is 8 years for any loan with a balloon repayment.

4If not registered for GST the maximum loan amount is $35k. The maximum loan amount for a start-up business is $50k.

6Interest rate loadings apply to older vehicles, resulting in higher interest rates. Call 13 11 33 or speak with your local Liberty Adviser for details.

7An interest rate discount of 0.25% p.a. applies for new and used plug-in electrical vehicles. Hybrids excluded.

^Other fees, charges and commissions may apply.

^^Early termination fees such as break costs may apply.