I want to borrow...
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?
Do you lend to clients on the benefit?
Can I get my loan approved before I have picked a vehicle?
Can I change the loan amount after it is approved?
What is a Guarantor?
Can I buy a car from an auction?
Do you approve loans for customer with bad credit?
How do I make payments to the loan?
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.