Question 1

How Much Can I Borrow?

Accepted Answer

This question is not as simple as it seems, as what is going to have the most bearing on how much you can afford to borrow, is the maximum repayment that will fit within the affordability calculations of the motor financiers.

Question 2

How To Compare Car Loans Online

Accepted Answer

With so many choices with car finance available, it is hard to know what the best car loan available is for you. The public is so focused on interest rate alone, the whole picture is often not considered and people can select the wrong car loan for them, as they focused on only one part of the overall car loan picture.

Question 3

Can I Payout My Loan Early?

Accepted Answer

This should be a question that is always asked, as you never know if your circumstances will change over your car loan term and a lot can change over that time. Most car loan providers will allow you to payout your car loan early and each financier may have varying penalties and clauses in regards to any repercussions if you did so.

Question 4

What Is The Best Car Loan Interest Rates?

Accepted Answer

You should not just stop at the first provider you approach, and there are a few different avenues you can approach to get car loans, so look around.

Question 5

What Do I Need To Do To Get A Car Loan?

Accepted Answer

Getting a car loan does not have to be difficult, as long as you tick all the boxes for the financier’s criteria.

Question 6

How Long Does It Take To Get A Car Loan Approved?

Accepted Answer

The turnaround times on car loan approvals can be quite quick for most applicants if they have a good credit history and the car loan proposal is pretty standard and not have any special circumstances.

Question 7

Business Car Loans (overview)

Accepted Answer

There are a range of options you can use if you are looking at financing a car for your business.

Financial Guides

CarLoans.co.nz provides information to help you make an informed decision. These are some of the most frequently asked questions we get so we've made these guides up for you.