Like to know more? » Car Money

Like to know more?

  • How much can I borrow?

    We get the sharpest rates for our customers and therefore your borrowing capacity is maximised when applying with us. The most important factor in determining how much you can borrow is affordability – or how much the repayments will be compared to how much disposable income you have. We work this out based on your current income and expenses.

  • What interest rate do you charge?

    Because we do a huge volume of car loans, we can guarantee that you’ll have access to some of the sharpest rates in New Zealand. Interest rates vary depending on your profile – your credit rating and other factor lenders take into consideration like how well you have paid off loans in the past, whether you are a home owner etc.

  • How long is the term of the loan?

    We work with you to structure your loan to (a) meet your current affordability needs and (b) get you set up to pay it off as quick as possible – which saves you money in the long run. Loan terms depend on two things (1) how long you want the loan for and (2) affordability – how much you can comfortably afford to repay monthly. Once this has been determined, a term of between one and five years is fixed.

  • How long does it take to get an answer?

    Wherever possible, we aim to get back to you within two hours. If your application is urgent, please call us on 0800 100 050 after submitting the loan application.

  • Do you lend to clients on the benefit?

    Yes we do – it all comes down to affordability and the size of loan and type of vehicle purchasing.

  • Can I get my loan approved before I have picked a vehicle?

    Yes. If you have a type of car in mind, it’s also helpful to include it in your application. We can change the vehicle you finally decide before finalising your loan.

  • Can I change the loan amount after it is approved?

    Yes, at any stage prior to the loan agreements being signed we can re adjust the loan agreement to reduce or add the loan amount.

  • What is a Guarantor?

    A Guarantor is a person who supports you obtaining finance. They will be required to signs the same contract and agree to make payments if the primarily client does meet their commitments.

  • Do you approve loans for customer with bad credit?

    Yes, we regularly get loans approved for customers with bad credit. The same application process applies and we are experts in helping customers get approved but also getting their ducks in a row.

  • How do I make payments to the loan?

    It’s really up to you. Payments can be made weekly, fortnightly or monthly using an Automatic Payment from your bank account or by using a Direct Debit to make things easier for you.

  • Do you offer insurance?

    Yes, we offer the lowest premium prices for comprehensive motor vehicle cover and because we have all your details (after loan application) to hand, it is really simple and quick. One of the many benefits of getting your car loan wth us.

  • Is there a minimum age for a loan?

    Yes, 18 is the minimum age to enter into a contract

  • Can I apply for a loan with a learner license?

    Absolutely – we are one of the few car loan brokers who can approve lending for people on a Learner License and the application process is the same as for someone on a full license.

  • Can I pay the loan off before the end of term?

    Yes and we work with customers to help them minimise interest costs and reduce the loan term.

  • Is there an establishment fee?

    Yes, there is an establishment fee of up to $450 and an introducer fee of up to $995.


*Fixed interest rates for vehicle and personal loans range from 9.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and is determined by the lender. 

Fees apply, including an establishment fee of up to $450 and an introducer fee of up to $995. Also, lenders may charge a PPSR fee of between $0 and $14. For example: On a loan of $5,000 over 12 months at 10.95% p.a. with Establishment and Introducer fees totalling $495 and a PPSR Fee of $7.39, the total amount to repay is $5,835.93 which is 12 monthly payments of $486.34. Those amounts don’t include ongoing fees, such as Service Fees, charged by the lender. You can find full fee information in the loan contract. We recommend that you check the fees before accepting the loan offer.

Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan.

One hour application decision subject to affordability test, the applicant meeting the lending criteria and supplying all the required information to process the loan application.

Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.