Looking for a new set of wheels? Alternate Finance can help with fast online car loan, subject to credit checks. By lending you the cash you need, you can hit the car yards with the purchasing power of being a cash buyer. Vehicle financing lenders aren’t all equal – Be sure to get a low interest rate because some dealers will have you paying top dollar!
Getting an online car loan is relatively easy because the car itself becomes security over the loan. We lend for all types of vehicles, including motorbike loans, tiny home finance, trailer loans and even caravan loans. We finance new and used cars NZ wide.
Use our car loan calculator and enter the loan amount to see what your weekly repayments will be. Once happy, set aside 8 minutes to complete our application and we should have a preliminary answer back to you about your car financing within the hour, and approval within 24 hours, subject to being in accordance with the responsible lending code of New Zealand.
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Don’t Buy A Car Until
How do you know if a car has been stolen NZ?
Before paying the seller with your car loan, research if it’s been stolen. Enter the rego number, the VIN, the engine or chassis number into Google. The Search results will tell you If it has been stolen.
How do you know if a car has money owing on it in NZ?
If you’re looking to finance cars in NZ to purchase privately, then it’s essential to do a PPSR search to ensure there isn’t any money owed on the vehicle before you buy it. Visit this PPSR website to get started. It’s easy.
https://ppsr.companiesoffice.govt.nz/help-centre/searching-the-ppsr/motor-vehicle-search//
Car Loans NZ Calculator
Rates
Consolidate debts with Alternate Finance, and you’ll receive up to 36 months to make affordable loan repayments. When consolidating debt, we’ll give you a low interest rate in comparison to what you’re paying currently, and we’ll roll all debt into one simple payment. The low interest rate ranges from 13.95% to 26.98% p.a.
For more details, including early repayment conditions, our loan terms and conditions, establishment fees and default interest rates, please view our rates and fees webpage by clicking here.
Terms
If you’re looking at consolidating debt with us at Alternate Finance, it’s important to get an understanding of our terms and conditions. When you apply for loans designed for consolidating debts, you’re agreeing to Alternate Finance having permission to store and collect your information. Alternate Finance will endeavour to keep all information on this website accurate and up to date, in regards to debt consolidation but if you spot any inaccuracies, please let us know in writing and we’ll rectify it within a reasonable timeframe. For further detailed information about consolidating debts, please follow this link. Alternate acts in accordance with the responsible lending code of New Zealand.
Security
Your personal information is protected with end-to-end encryption on all web forms, ensuring that your data remains secure throughout the application process. Alternate Finance treats all loan information confidentially, following strict security protocols to safeguard your details from unauthorized access.
Additionally, Alternate Finance complies with New Zealand’s privacy laws and regulations, giving you full transparency on how your data is used. Their commitment to privacy means your information is never shared with third parties without your consent.
For a full breakdown of our data protection policies, you can review our Privacy Policy, which outlines how your personal details are stored, processed, and used securely.
Did You Know?
Preapproval To Finance Cars in NZ
Get a new or used car loan with Alternate Finance and you'll get the advantage of being a cash purchaser when talking to the car dealer. We can give you pre-approval on a personal loan so you can negotiate with confidence.
NZ Car Loan Calculator
Financing a car loan starts with figuring out what you can afford. Use our car loans NZ calculator above and select the term and the amount you'd like to borrow. Apply for finance with us, and once approved, we'll send through an offer of finance, which includes the terms, interest rates, finance rates and the establishment fee. We bundle this into one easy weekly payment.
Best Way To Finance Cars In NZ
Kiwi's often fall into the trap of too many HPs, too many loans, and high-interest rates. If you've got a little bit of cash, put down a decent deposit because the less you borrow will make a mountain of difference in interest payments. Pay your loan off as fast as possible. If you're buying new from a dealer, negotiate a guaranteed buy-back rate.
Borrowing For A Car
Borrowing terms can vary greatly between car financing companies. It's usually best for your pocket if you finance your car independently from the dealer, so you get flexible loan terms and the right loan options.
Car Finance Rates When Borrowing
We often have the best car finance rates when comparing our competitors. You can view our low interest rates and finance rates here.
Old Car? Get A Compression Test
It's always risky to buy a second-hand car. The owner could be completely genuine, but the next day it breaks, and you're stuck with an emergency bill. Before buying, it's smart to ask a local mechanic to run a compression test on the engine. If there's a loss of compression, don't buy the car.
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Frequently Asked Questions
How does car financing work?
Alternate Finance NZ, the lender pays the car’s purchase price for you, and you repay the borrowed amount over time, with interest. This allows you to spread the cost of the vehicle across 36-48 months.
What factors do lenders consider when approving a car loan?
Can I get pre-approved before shopping for a car?
Can I refinance my car loan in the future?