Audi Finance FAQs

1. What information do I need to apply for a new vehicle loan?

(Please note: This is a general and basic checklist. This information may vary depending on your circumstance and finance product option.)

  • Details of your purpose and objectives for obtaining credit whether Private or Business.
  • Proof of income - your most recent pay slips, or if you are self-employed, your latest annual financial statements and tax returns.
  • Other loans - the balances owing and repayment amounts on any liabilities like rent, home & personal loans, credit cards and store accounts.
  • Current driver's licence number and expiry date.
  • Your last three years employment details and residential status.
  • Your before-tax monthly income and living expenses.
  • Details of all assets, savings and investments.
2. How do I know which finance product to choose?

Determining the best finance product really depends on each individual's specific circumstances and requirements. The best way to determine which product will suit you is to review the product descriptions you find on this website and to speak to a Business Manager at a dealership, who will be happy to answer any questions you may have as well as provide you with any additional information you may require. (*Customers should also consult their accountant for specific advice.)

You can find your closest Audi Finance dealership by clicking here.

4. Why aren't all Audi dealers listed as Audis Finance preferred dealers?

Not every Audi Dealership chooses to use Audi Finance as their primary financier - some dealerships use banks, credit unions or other financiers. As time goes by, however, more and more Audi Dealerships are choosing Audi Finance as their financier of choice due to customer demand as well as the exceptional service that they can provide their customers as a result of our products and services. From time to time Audi Finance run special promotions or programs at which time, Audi Finance and all Audi dealerships work together to deliver these to you.

You can find your closest Audi Finance dealer by visiting our Preferred Dealer page.

5. What are your interest rates?

Interest rates fluctuate over time and vary depending on the market conditions. We also often run special rate offers to help you achieve your motoring dreams, so it's best to discuss the rate with the Business Managerto see what rate is available at the time you are looking to purchase.

6. Are your interest rates fixed or variable?

Our interest rates are fixed for the entire length of your contract term, meaning that you will always know what your financial commitments are to help you with budgeting purposes and protect you from any market increases.

7. Do you have any hidden fees?

We require an upfront establishment fee to set up your finance contract but we do not charge any ongoing or account keeping fees. Other charges only apply where you operate your account outside the initially agreed terms and these are all disclosed in the Terms and Conditions booklet which you can read at the dealership before you apply for finance. You will also be given a copy to read before you sign the finance contract.

8. What is the difference between a residual and a balloon?

A balloon payment is the lump sum payment which is due at the end of the loan contract should a customer choose to include a balloon in their finance option. At the end of the term, you can elect to either:

  • Refinance the balloon
  • Sell or trade in your vehicle

The residual value is the estimated value of the asset at the end of the lease contract.

As always, you should consult your accountant for more specific information.

9. What is Stamp Duty?

Stamp duty is a state government tax that used to be applied to finance contracts the government for state revenue purposes. As of 30th of June 2012, stamp duty no longer applicable on automotive finance contracts in all states and territories, other than NSW where it is still in use.