Car loans

What happens after you apply

You submit your application: Tell us about your financial situation and the car you're looking at. If you haven't found a vehicle yet, that's fine - we can assess a maximum lending amount so you know your budget before you start shopping.

We review your application: We assess your income, expenses and credit profile and identify the finance options suited to your situation.

When you've found a vehicle: Let us know the registration or VIN, the purchase price, and the odometer reading. We'll take it from there.

Paperwork and contracts: Once the vehicle details are confirmed, you'll need to complete a sale and purchase agreement. Loan contracts are issued electronically for signing.

Settlement: Once contracts are signed and the final paperwork is in order, we arrange payment directly to the dealer or seller.

What you'll need

To keep things moving smoothly, have the following ready before or shortly after you apply for your car loan:

• A current and valid New Zealand driver's licence
• Three months of bank statements
• Proof of income - bank evidenced, payslips or tax returns if you're self-employed
• If buying privately: a sale and purchase agreement. We have a template if you need one.
• If buying from a dealer: the customer information notice (CIN) and the signed Vehicle Sale and Offer Agreement (VOSA)
• Once your loan is approved: a certificate of insurance from your insurer confirming the vehicle is insured. Your insurer can provide this by email.

You don't need everything upfront. We'll let you know exactly what's required at each stage of the process.