Article Search


Car Finance


There are many different options for car loan finance in New Zealand. The three main options are bank loans, finance company loans and extending your mortgage.

There are a few things to consider when looking for car finance:

-Interest rates: Interest rate on car finance varies from company to company. It is best to research to find the best rate.

-Fees and charges: It is important to check whether there are any hidden fees or charges involved in getting car finance. There can be break fees (these are penalty fees for paying off the car loan early), fees for missing payments or loan establishment fees.

-Loan repayment insurance: Consider loan repayment insurance, this will be an extra cost added to your loan repayments. Depending on the finance company loan repayment insurance can protect you from loss of income, this will pause your repayments until you are financially able to make the payments again.

Auto Trader New Zealand