Borrow $2k - $40k
Interest rates from 11.95% p.a*
7-minute personalised quote
Same-day payout if approved
Win like a cash buyer. Walk into any yard, online or private sale with funds ready.
Secured-rate pricing from day one. Your loan starts at our secured vehicle rate.
Zero deposit/Any age vehicle. Your vehicle can be two wheel or four, and any age.
60 days to pick your car. Find what you love, then add it as security.
Apply online (7 mins). Get your personalised rate and max amount with no pressure or paperwork marathons.
Get cash now at our secured rate. Funds can be in your account the same day (if approved) so you can negotiate as a cash buyer.
Secure your loan within 60 days. Provide vehicle details and proof of insurance with Nectar listed as interested party. If no vehicle is provided by day 60, your loan moves to our unsecured rate—simple.
We’ll email you a variation notice if the rate changes after 60 days.
Current Warrant of Fitness & registration.
Eligible vehicle type: car or motorcycle.
In your name: the borrower must be the registered owner.
Fully insured, with Nectar listed as an interested party.
Unencumbered: no money owing to another lender.
Purchase price coverage: vehicle purchased for ≥ 70% of the loan amount you borrow.
Negotiators: You want best-price leverage as a cash buyer.
Busy people: One fast approval; buy when you’re ready.
Decisive shoppers: Budget now, choose the right car later.
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.
$2,000 - $40,000
$240
$1.75 admin fee per repayment
11.95% - 29.95%
6 months - 5 years
If you don’t supply vehicle details within 60 days, your loan switches to our unsecured rate — your current interest rate plus 3% p.a. — and we’ll issue a variation notice.
You’re only required to purchase a vehicle using at least 70% of the funds borrowed. You can repay any unused funds at any time — there are no early repayment penalties. If you were approved for a higher maximum amount and initially took less, you may draw down the remaining approved amount later (subject to your approval terms).
Absolutely — either is fine. Just make sure the vehicle meets our security criteria.
Yes. Comprehensive cover is required to keep the secured rate, with Nectar listed as an interested party.
You must buy a car or a motorbike. If you want to purchase a different type of vehicle, you can choose an unsecured loan instead.
Immediately — your loan is priced at our secured vehicle rate from day one.
Please provide: VIN Registration plate; a copy of the Warrant of Fitness and current registration; and a copy of the insurance certificate listing Nectar Trustee Limited as a registered/interest party. Email documents to [email protected] or call 0800 855 888 if you need help.
Because the vehicle is used as security, you have two options: (1) pay off the loan in full — there are no early repayment fees; or (2) contact us to switch to an unsecured loan interest rate.
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