Purchasing a car can be a significant financial burden. Affordable car loans can help get you on the road quickly.
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Borrow $2k - $40k
Interest rates from 11.95% p.a unsecured*
7-minute personalised quote
Same-day payout if approved
Nectar's unsecured car loans provide you with cash buyer confidence at the car yard. Nectar Money factors in your unique circumstances to determine some of New Zealand’s lowest interest rates. What’s more, we do it in just minutes, free of any hidden fees or charges.
Nectar’s safe and secure car loans will get you on the road quickly. With our smart application process you can receive a competitive, personalised loan offer with flexible terms that works for you. You’ll get a decision in minutes and, with approval, you’ll see money in your account as soon as a few hours.
Apply online today and get your personalised loan quote.
Select the amount and payment option that suits you.
If approved, we aim to have the funds in your account the same day as your contract being signed online.
Unsecured
$2,000 - $40,000
$240
$1.75 admin fee per repayment
11.95% - 29.95%
6 months - 5 years
A car loan is money you borrow to buy a new or used vehicle. Nectar car loans are unsecured personal loans — you don’t use the car as security. Apply 100% online, get an instant personalised quote in about 7 minutes, and if approved and signed during processing hours, we aim to pay funds the same day.
You can apply to borrow $2,000–$40,000 with terms from 6 months to 5 years, subject to lending criteria and affordability checks.
Personalised fixed rates currently range from 11.95% p.a. to 29.95% p.a. Fees include a $240 establishment fee and a $1.75 administration fee per repayment. There are no early repayment fees. See full details on our Rates & Terms page.
No. Nectar car loans are unsecured, so there’s no vehicle security or PPSR registration required.
Yes. You’ll receive an instant personalised quote (a soft credit check that won’t affect your score). Final approval follows quick verification and affordability checks.
Yes — new or used, from a dealer or a private seller. We pay funds to your bank account, so you can purchase from either source.
Most people receive a quote in about 7 minutes. If approved, and you e-sign during processing hours, we aim to pay funds the same day. Timing can vary if we need extra information or due to bank cut-off times.
Have your NZ driver licence or passport, internet banking access (fastest), and details about your employment, income, expenses and living situation. Digital verification speeds things up.
Checking your rate uses a soft credit check and won’t affect your credit score. Making on-time repayments may help build your credit over time.
Yes — you can repay early or make extra repayments anytime, and there are no early repayment fees. Paying sooner reduces total interest.
Because the loan is unsecured, selling or trading the car isn’t restricted by us.
Yes — you may add debt consolidation to your loan amount if it fits affordability and lending criteria. Fixed repayments make budgeting easier.
No. Nectar car loans have simple, fixed repayments with no balloon or residual at the end of the term.
Purchasing a car can be a significant financial burden. Affordable car loans can help get you on the road quickly.
Read MoreThe article provides a guide for car loans in New Zealand.
Read MoreA personal car loan can be helpful to upgrade a car, unexpected car repairs or finance known vehicle repairs.
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