Talk to our finance specialists today 1300 257 426

Welcome to Alpha Finance.

At this stage we are not taking on new lease contracts.

Existing customers can refer to our FAQs page for further information on their lease vehicle.

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Why Choose Alpha Finance?

Bad Credit Accepted

We don’t believe good people should be penalised so we offer great options for bad credit car finance.

Fast Approval

Once we have your application and documents, most decisions can be made the same day.

Option to own or upgrade

Similar to rent to own, you have the option to purchase or upgrade at the end of your lease.

Cars on the ground

We have an available fleet of more than 700 ready to drive away right now.

Drive Away!

Complete the final paperwork, pick up your keys and drive off into the sunset in your new car!

Easy low deposits

Short on cash? It’s not a problem with our low upfront payments.

Everything you need to know

Car loans are a type of personal loan where you apply to borrow a certain amount, and upon approval, that money is transferred to you, and you commence a process of repaying a combination of interest and principle. A secured loan is often at a lower rate because the lender takes ‘security’ over the vehicle, i.e. if you don’t repay, they take the vehicle back.

Car finance, on the other hand, does not lend money. Lenders like Alpha instead finance a vehicle under our name for the duration of the contract term. Then at the end of the term, the customer can transfer the car into his or her name, upgrade into a newer model, or move on to something else. In a way, it is like a long-term hire. Similar to rent-to-own, with Alpha you pay a small one-off and a fixed weekly payment (that includes the registration and insurance).

Yes, we believe that every Australian deserves a reliable, good-quality vehicle. We know that life doesn’t always go according to plan and when something goes wrong. It doesn’t take much to miss a few payments on a utility bill or not be on top of your credit card minimum payments. We specialise in helping those who have run into difficulties in the past and are working to repair their credit history.

To get our applicants into the best late-model vehicle they can afford, we carefully assess your current financial situation rather than relying heavily on your past. So don’t think you can’t get car finance due to credit issues. Whether you have good or bad credit, give us a ring, and we’ll do our best to get you the best vehicle for your budget and lifestyle.

We look at our take-home income in conjunction with any defaults and credit history. This includes Centrelink payments or any other government benefits you may receive. We’ll work with you to find a solution in regards to your credit score and make sure you’re making the most responsible decisions in regards to your cash flow.

We consider applicants who are self-employed, but only sole-traders. We assess each situation differently so always worth giving us a call and we can talk you through our car financing options.

Yes, we do run credit checks on our applicants, but the result of our Affordability Assessment is a more significant factor than your credit history.

The most important thing you can do to help your application is, to be honest. As long as you can provide the documentation (like bank statements) to show you can afford the weekly/fortnightly repayments, your application can be approved.

Yes, there are upfront payments but they are a lot lower than lenders, and we don’t charge any establishment, approval, or processing fees. We have a straightforward approach to upfront deposits: $490-$990 depending on the size and model of your vehicle. We’re not like other lenders who require you to fund the first 20% of total cost up front.

Check out the full range of vehicles for leasing currently available in our fleet.

We most definitely do, we always want everyone to save money so we often offer regular promotions. Be sure to ask our car finance specialists once you select your vehicle and complete your application.

We like making things simple and easy. We’ll always be transparent about any additional costs or fees. Please view our Fees Statement for more information.