FAQs
Frequently Asked Questions
Got questions? We’ve got answers. Here are some of the most common things people ask about Crestwood Wheels Finance — from how our process works to what makes us different.
What does a Conditional Approval mean?
Conditional approval means based on the answers you have provided lenders will approve limits up to the amount stated.
Does Low/Lite conduct credit checks?
No – once we submit a deal to a financier that’s when the financier conducts business and individual credit checks credit checks.
What interest rate am I looking at?
Interest rates are determined by three main factors
- Age of vehicle
- Length of ABN
- Is the Director a property owner
Who is Low/Lite doc run by?
Low/Lite Doc is a platform run & owned by Crestwood Group. The platform has 8 specific Low/Lite doc lenders that sit behind us.
Is Low/Lite Doc the lender?
No – Low/Lite Doc is a specialist commercial wheels broking business/Platform
Is Low/Lite Doc a lender?
No – we are a specialist commercial wheels broking business.
What the oldest build date you can finance?
We have access to a classic car policy with limited restritioncs.as long as not older than 1965.
Can you change equipment once approved?
Yes absolutely – as long as the age is within limits there is no problem changing equipment.
What is involved in a private sale?
Private sales do require more information, typically extra items such as – sellers rego papers, payout letter if under finance, inspection report or Redbook, private sales invoice (we do that) sellers bank deposit slip. Sellers ID. We facilitate most of this information on your behalf.
How long do approvals last?
Between 60-90 days, depending on the financier.
If I’m declined does that come up as declined on my credit file?
No – only the enquiry from the financier shows on your credit file – it doesn’t show it the deal was approved or declined.
What does Low Doc Mean?
Low Doc means you don’t; need to supply any financial information to the lender
What does Lite Doc Mean?
Toggle Lite Doc means at a minimum you will need to supply your latest 2 BAS, ICA/ITA tax portal and sometimes business bank statements.
Our Mission is to get you the right finance for you
We make it simple and efficient for you to secure the right financing for your vehicle. With our streamlined process, you can get the funding you need without unnecessary delays.
- We finance vehicles Australia-wide, providing flexible options across the country.
- Complete a quick and easy application form, and we’ll take care of the rest.
- Receive instant conditional approval to move forward with confidence in your vehicle purchase.
