Car Loans NZ from $200 to $20,000
Finance your next vehicle with a MoneyShop car loan. We've been lending to New Zealanders since 1993, with a fixed interest rate of 29.95% p.a. Apply online or visit a branch. Loans over $5,000 require security.
Car loans from $200 to $20,000
Fixed interest rate of 29.95% p.a.
Loans over $5,000 require security
Get the green light on a car loan in NZ
Each of our online car loans is tailored to you and your needs. Whether you’re looking to buy your first car, or upgrade from a used vehicle to a new one, our online car loans can help you get behind the wheel.
Online car loans in NZ have never been easier. Don’t guess at your budget! With MoneyShop’s handy car loan calculator, you can see how long it will take to repay your loan, and how much the repayment amounts will be before you apply.
Here at MoneyShop, we believe in fast, easy, and ethical loans, and our loan application process reflects that! If you’re ready to hit the road, apply online for reliable car finance now. Lending criteria apply.
Why choose MoneyShop for your Car Loan
Car loans NZ from MoneyShop can help you buy a new or used vehicle, or fund repairs, at a fixed 29.95% p.a. Apply online. Loans over $5,000 require security. Lending criteria apply.
Apply for a car loan
Complete our online car loan application. It only takes a couple of minutes *
Refinance or a new vehicle
Refinance an existing dealership car loan if that suits your term, or apply for finance on a new or used vehicle.
Loans for repairs
We also offer car repair loans so you can get back on the road. Lending criteria apply.
Types of car loans
Car loans may or may not involve security, and this can change the terms of the agreement. If you have any questions or concerns, feel free to contact us, and we’ll be happy to help.
Unsecured car loans
An unsecured loan doesn’t require any security — property which can be repossessed if the loan defaults. Here at MoneyShop, we offer options for unsecured personal loans, so if you don’t want to use the car you’re borrowing for as security, we can help.
Secured car loans
Most car loans use the car itself as collateral, which means the car can be sold to pay off the loan if it defaults. In some cases, this can benefit you, as it can alter the fee structure of the loan. If you have any questions, feel free to contact us.
Lets get you behind the wheel
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Car Loan FAQ's
What are car loans in NZ?
Car loans in NZ are personal loans used to buy a new or used vehicle, or to fund car repairs. MoneyShop car loans range from $200 to $20,000 at a fixed 29.95% p.a. Loans over $5,000 require security. Lending criteria apply.
What is the minimum age requirement to get a car loan in NZ?
Once they’ve got their learners at 16, teenagers are excited to get behind the wheel of their own car, but they’ll have to wait, as the minimum age requirement for a car loan with MoneyShop is 20-years-old.
Can I get a loan for a used car?
Yes. We provide loans for whatever you need! Our car loans can pay for both new and used cars. If your ‘new’ used car ends up revealing some flaws, we offer car repair loans to get you back on the road.
How much can I borrow for a car loan?
You can receive anywhere between $200 – $20,000. To help work out what you can afford to borrow, our loan calculator can show your estimated repayments depending on loan amount and terms.
Can I refinance my car loan?
If you find out that our rates or fee structures are better than your existing car loan’s, you may want to refinance. MoneyShop builds trusting relationships with our customers, and in most situations we will refinance your car loan if you have good credit and affordability, and consistent repayment history.
Is a car loan manageable in the long run?
Loans provide long-term financial commitment but are much easier to manage than saving enough for up-front payment. Establishing how much you can afford to borrow and afford to repay, can provide extra financial security while you pay off your car.
Is a secured or unsecured car loan better for me?
This can vary depending on your particular circumstances. All MoneyShop Loans must be secured if they are over $5,000.
Why should I get my car loan from MoneyShop?
MoneyShop is all about providing our customers with quick and easy solutions! We look out for our customers, so we’re flexible with our loan terms. Our terms range from 3 months – 3 years. It only takes 2 minutes to apply on our quick and easy online application form.
Any more questions?
Contact UsOur friendly team are here to help throughout the lending process. Call us on 0800 66 66 39 or get in touch online.
Ready when you are
Ready to get on the road?
Prefer to talk? Call 0800 66 66 39.
Our costs and terms
Clear, upfront pricing with no hidden fees.
Loan amount
$200–$20,000
Loan terms
3 months–3 years
Fixed rate
29.95% p.a.
Repayments
Weekly
Interest rate
The interest rate is 29.95% p.a. for secured, refinanced, and new unsecured loans. Your rate is fixed for the whole contract — no surprises, no hidden fees.
Interest is calculated daily on the unpaid balance (annual rate ÷ 365) and charged when instalments fall due.
Default interest rate
MoneyShop doesn't charge default interest. If your account falls behind, a $1 daily arrears fee may apply until things are back on track. Reversed payments incur a $5 fee, and missed-payment contact may involve a letter fee (up to $50), a $5 phone fee, or an $80 + GST home-visit fee. Any third-party recovery costs are passed on at cost.
Establishment fees
One-time setup fee based on loan size:
| Fee | Cost |
|---|---|
| $200 to $499 | $65.00 |
| $500 to $800 | $160.00 |
| $800 to $5,000 for three years or less | $300.00 |
| $5,000 to $15,000 for three years or less | $310.00 |
| Over $15,000 for three years or less | $455.00 |
Some loan setup costs come from third parties — such as credit checks, PPSR searches, and security-registration fees — and these are passed on at cost. Your account also has a daily administration charge of 55c while it's open. We send statements every six months, and extra statements are free by email or $5 if printed. If you repay your loan early, an administration fee of $50 (averaged) may apply, along with any third-party deregistration costs.
Repayment example
Borrowing $3,000 over 78 weeks
- Weekly repayment: $58.87
- Total repayments: $4,592.86
- Includes: Interest, $300 establishment fee, $0.55/day admin fee
- Does not include: Any optional or default-related fees
Also: $1,500 over 52 weeks = $44.83/week.
This example assumes a fixed interest rate of 29.95% p.a., no missed payments, and no early repayment. Actual costs may vary depending on your loan amount, term, and repayment history.
Want to calculate repayments with our personal loan calculator?
Loan CalculatorLearn more about loan costs, interest rates, and fees on our Cost of Borrowing page.