Tell us what you need and we find the right lender. We assess your situation, run a soft credit check that won't affect your score, and match you to the lender most likely to approve your car loan at a competitive rate.
Reviews collected under Lending Room — the team behind Moola
Settle a car loan through Moola before 31 May 2026 and receive a Prezzy Card worth $100 to $500.
Settled car loans only. 1 Apr to 31 May 2026. Full T&Cs apply
Settle a car loan through Moola before 31 May 2026 and receive a Prezzy Card worth $100 to $500. Issued within 10 working days of settlement.
Settled car loans only. 1 Apr to 31 May 2026. Full T&Cs apply
One short form. We handle the assessment, the matching and the follow-up so you don't have to chase anyone.
Tell us the vehicle you have in mind, the loan amount and a bit about your situation. Takes around 5 minutes and you only ever do it once.
We run a soft credit check with no impact to your score and assess your situation. Then we identify the lender on our panel best suited to your car loan.
Our team contacts you with your approval. If it works for you, we guide you through to settlement. No obligation at any stage. Plus, settle before 31 May and you could receive up to $500 cashback.
Estimate your repayments
Adjust the sliders to see what your car loan might cost.
Guide only. Actual rates depend on your profile and lender criteria. Rates 8.99 to 29.95% p.a. (AIR). Broker fee up to $1,500 and lender establishment fees up to $450 may apply. Cashback offer applies to settled car loans of $10,000+ between 1 Apr and 31 May 2026.
We are not a lender. We work for you, finding the right vehicle finance lender from our panel so you get a better result than going direct.
We run one soft check that leaves no mark on your file. Apply to multiple lenders directly and each one runs a hard inquiry — lowering your score before you have signed anything.
Our panel includes specialist vehicle finance lenders who understand the NZ car market and often offer better rates than a general personal loan from a bank.
Whether you are buying from a dealer, a private seller or at auction, we work with lenders who can fund all types of vehicle purchases including older models.
Settle a car loan of $10,000 or more through Moola before 31 May 2026 and receive a Prezzy Card worth $100 to $500. Issued within 10 working days of settlement.
We work with employed New Zealanders who have a stable income and a clean or near-clean credit record. Here is what we look for.
Full-time, part-time or self-employed with a regular, verifiable income. A consistent income history is the most important factor vehicle lenders look for.
NZ citizens and permanent residents are welcome. Open and employer-specific work visas with at least 13 months remaining are also accepted.
We work with borrowers who have a good credit record. Not sure where you stand? Apply and we will assess your situation before approaching any lender.
Car loans across terms of 12 to 84 months for new or used vehicles. Loans of $10,000 or more settled before 31 May 2026 also qualify for up to $500 cashback.
Takes about 5 minutes. We assess your situation and match you to the right lender. No credit score impact. Settle before 31 May and you could get up to $500 back.
Claim My CashbackReal feedback from New Zealanders we have helped find the right car loan.
Everything you need to know before you apply for a car loan through Moola.
Still not sure? Talk to our team
Apply for and settle a car loan of $10,000 or more through Moola between 1 April 2026 and 31 May 2026 and you will receive a Prezzy Card worth between $100 and $500 depending on your loan. The Prezzy Card will be issued within 10 working days of your loan being finalised and paid out. Full terms and conditions apply.
Yes. We work with lenders who finance both new and used vehicles including older models, private sales and dealer purchases. The lender we match you to will depend on the vehicle age, value and your personal situation.
No. We use a soft credit check during our assessment which does not appear on your credit file and has no impact on your score. Once we have found a match, some lenders accept our check while others may run their own standard check as part of their approval process.
We can help with cars, utes, vans, SUVs, motorbikes, campervans, boats and classic vehicles. If you are unsure whether your vehicle qualifies, apply and we will let you know what options are available.
No. You can apply before you have found a vehicle. Getting pre-approved gives you a clear budget to work with and puts you in a stronger position when negotiating with a dealer or private seller.
Car loan rates on our panel start from 8.99% p.a. (AIR) and go up to 29.95% p.a. depending on your credit profile, the vehicle, loan amount and term. Secured car loans typically attract better rates than unsecured lending.
A broker and introducer fee of up to $1,500 applies when your loan is successfully funded. This is clearly disclosed before you commit and there is no obligation to proceed at any stage. Lender establishment fees of up to $450 may also apply depending on the lender. There are no upfront fees to apply.
Yes. We accept open and employer-specific work visa holders with at least 13 months remaining on their visa, a regular NZ-based income and a good credit history. Most mainstream lenders decline visa holders outright but we work with lenders on our panel who specifically cater for this.
When you buy a car from a dealer in New Zealand, they will almost always offer to arrange finance on the spot. It feels convenient, but dealer finance is typically the most expensive way to borrow. Dealers often earn a commission on the finance they arrange, which can mean a higher rate than you would get elsewhere.
A loan broker like Moola works differently. We assess your situation independently, then match you to the lender on our panel best suited to your needs. Because we work across multiple lenders, we can often find a more competitive rate than a dealer or a single bank can offer.
Getting pre-approved through Moola before you visit a dealer also puts you in a stronger negotiating position. You know your budget and you are not relying on whatever rate the dealership puts in front of you at signing.
Car loan interest rates in New Zealand are quoted as an Annual Interest Rate (AIR). The rate you are offered depends on several factors including your credit score, income, the vehicle age and value, the loan amount and the term you choose.
Most car loans are secured, meaning the vehicle itself acts as collateral. Because the lender has recourse to the asset, secured car loans typically attract lower rates than unsecured personal loans. If you are borrowing to buy an older or higher-mileage vehicle, some lenders may require a slightly higher rate to reflect the reduced asset value.
New vehicles generally attract the most competitive rates because they hold their value better and are easier for lenders to assess. Used vehicles are still widely financed but the rate may vary depending on the age, make and condition of the car. Moola works with lenders who can finance a wide range of vehicles including older models and private sales.
Most NZ car buyers start looking for a vehicle before sorting out finance. That puts you at a disadvantage — you either rely on whatever the dealer offers, or you scramble to arrange finance once you have already found the car you want.
Getting pre-approved through Moola means you know your borrowing limit before you start shopping. You can negotiate on price from a position of strength, move quickly when you find the right vehicle and avoid the pressure of last-minute finance decisions.
Our application takes about 5 minutes. We assess your situation, run a soft credit check and come back to you with a match. There is no obligation to proceed and no impact to your credit score at that stage.
Apply now and settle your car loan before 31 May 2026 to receive a Prezzy Card worth up to $500. Minimum loan amount $10,000. Full terms apply.
Apply in 5 minutes. We find the right lender for your situation and come back to you with an answer. No credit score impact and no obligation to proceed.
Offer applies to car loans settled between 1 April 2026 and 31 May 2026. Minimum loan amount $10,000. Cashback is paid as a Prezzy Card valued between $100 and $500 depending on the loan amount. Prezzy Card will be issued within 10 working days of the loan being finalised and paid out. Offer applies to settled car loans only. One cashback per customer. Moola reserves the right to vary or withdraw this offer at any time. Full terms and conditions available on request.
