Car finance guides

Can you get car finance in NZ with credit issues?

Yes, you can apply. A default or missed payments do not automatically rule you out. Lenders look at your whole situation: your income, your regular costs, how you have handled credit recently, and whether repayments fit your budget.

How much do you need to earn to get car finance in NZ?

To apply with Kiwi Car Finance you need $500 or more a week coming in. Lenders must check repayments are affordable, so they look at steady income going into your bank account against your regular costs.

Can you get car finance on a learner licence in NZ?

Yes, you can apply for car finance on a learner or restricted licence. You upload a photo of your licence with the application, and the lender assesses it like any other application, mainly on income and affordability.

Car finance when you are self-employed or work casual

Self-employed, contractor and casual income all count for car finance. Instead of payslips, lenders usually look at three months of bank statements to see what comes in and goes out each week.

What do you need to apply for car finance in NZ?

You need a New Zealand driver licence (learner and up), a New Zealand mobile number, your address, and proof of income: recent payslips, or three months of bank statements. You must be 18 or over and living in New Zealand.

How car finance works in New Zealand

A car loan lets you buy a car now and repay it over a set term. In New Zealand, lenders must check the loan is affordable under the CCCFA, then offer a rate and term based on your situation. Kiwi Car Finance is a referral service, not a lender.

Check my options. Free to apply. Lending criteria apply.