• Borrow from $2,000 using our personal loan rates or from $6,000 using the vehicle as security for the loan and get the benefit of our car loan interest rates.

  • Shop like a cash buyer. Get conditionally approved, so you know in advance how much you can afford to spend. When you find the perfect vehicle and the sale is complete, we can help you pay the seller direct.

  • Fast answers. Call 0800 549 454 and chat to one of the team or use our online application and in most cases we’ll be in touch within 24 hours.

  • Cash by the next business day if you’ve supplied all the information we’ve asked for.

  • Flexible terms to suit your needs - from six months to seven years. Choose lower repayments with a longer loan term, or pay less interest with a shorter term. Repayments can be timed around your pay day, making it easier to stay on track.

  • Simple. Unlike credit card bills, you’ll know how much you need to repay and when. The interest rate is fixed and you can make additional repayments at any time – pay off your loan faster and save on interest charges.

Why get conditionally approved?

Conditionally approving your car loan means:

  • Buy anywhere – privately, online, at an auction or car yard.
  • Know upfront how much you can spend.
  • Negotiate like a cash buyer – once you’ve found the car you want, we can transfer the funds the next business day if we have all the information we need.

Vehicle requirements

  • For Car Loan interest rates to apply, the minimum amount borrowed needs to be at least $6,000. You can add to the loan for more than just the vehicle purchase. Call 0800 549 454 to find out more.
  • The vehicle needs to be comprehensively insured throughout the term of the loan. Find out more about vehicle insurance if you'd like to arrange your vehicle insurance through Kiwibank.
  • The vehicle must have a current Warrant of Fitness and Registration when you purchase it.
  • The vehicle needs to be less than 20 years old at the start of the loan term.
  • Don’t worry if you haven’t found your perfect vehicle just yet – get a conditional approval and know what your budget could be.

What you need in order to apply

We’ve made our application process as quick, easy and thorough as possible. To complete your application having some specific information handy can help speed things up. Find out more.

Things to know

Make sure you read the Personal Loan Terms and Conditions (PDF 157.2 KB) to understand in full how our personal loans work.

Personal loans and car loans are provided by Latitude Financial Services Limited (“Latitude”). Kiwibank receives a commission for referring a personal loan to Latitude. Latitude’s lending criteria, terms and conditions, and fees apply.

Repayment periods range from six months to seven years. The annual interest rate for secured car loans ranges from 12.99% p.a. to 18.95% p.a. (If applicable, a rate of 13.95% p.a. applies for Kiwibank Home Loan customers and Kiwibank Graduate Package customers). Where new lending is consolidated with an existing Kiwibank or Latitude provided personal loan, a blended interest rate will apply. View the fees and costs you pay on car loans.