Roadworthy Certificate
A Roadworthy Certificate is an official inspection report confirming a vehicle is safe to operate on public roads. Lenders may require a Roadworthy Certificate when assessing: Vehicle Finance, Equipment Finance and Low Doc Loans, especially for older vehicles, high-kilometre utes/vans, or private-sale purchases. Related glossary terms: Pink Slip, VIN, PPSR. Related blogs: Fast-Track Asset Finance, Low Doc Truck Finance Tips, Fleet Finance Approval.
Why Roadworthy Certificates Matter
Lenders use a Roadworthy Certificate to reduce risk when financing older or higher-use vehicles. It confirms the vehicle meets the minimum safety standards required by law. Providing a valid certificate can speed up approvals through the Tradie Hub, Truckie Hub and Business Owners Finance Hub.
How a Roadworthy Certificate Works
- A licensed mechanic performs an inspection based on state safety regulations.
- The certificate confirms brakes, tyres, lights, steering and chassis are safe.
- Lenders may request it for private purchases or vehicles with heavy usage.
- If the vehicle fails, repairs must be completed before finance can progress.
- Requirements vary by state (NSW, VIC, QLD, SA, WA).
Official info: service.nsw.gov.au