Rating based on 9 reviews

Kiwi Bank

Updated

  • Low-interest starting from 12.99%
  • Car loans up to $50,000
  • Repayment up to 7 years

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Kiwi Bank homepage

Author Kiwi Bank. Screenshot of Kiwi Bank website. [Accessed May 23, 2018]

About Kiwi Bank

Do you have a small budget and are looking for a new car? A car loan may be the perfect answer for you if you don't have the available funds to purchase a car.

Kiwibank provides a range of products

Kiwibank's subsidiaries include New Zealand Post, New Zealand Superannuation, and Accident Compensation Corporation. Some post offices, franchised businesses, and financial services-only outlets are part of their retail network.

Enjoy great service with a Kiwibank car loan

Whether you're looking for a new or used car, the Kiwibank car loan has you covered. When you choose them, the process of purchasing a vehicle is made simple and cost-effective.

Vehicle finance that focuses on your needs

Kiwibank puts your vehicle finance needs first and aims to provide you with the best service possible. They work every day of the week, even on the weekends, to ensure that their consumers have access to wiser financial options.

Kiwibank treats customers with respect

They want New Zealand to be a place where everyone can succeed and enjoy a decent life without having to leave the country. New Zealand is their goal and as they progress, individuals and companies see Kiwibank's potential and invest in it.

The Banqer partnership

As a way to help their children become more financially literate, they've sent Banqer into schools to teach them about money. This enables kids to be more money-wise in the future when they become of age and are looking for car finance to buy their own vehicle.

What Kiwi Bank can offer you

A car loan may be right for you if you need to borrow $2,000 or more and want a fixed rate and repayment schedule.

Once accepted, you can obtain your money the next working day. If you know how much you want to borrow, their loan calculator can estimate your monthly payments, loan term, and total interest.

Get the best car loan deal with Kiwibank

You don't have to worry about finding the proper car or dealing with car dealerships anymore! For them, finding the most cost-effective and time-efficient approach to get you into a new car is a top priority.

Secured car loans for even lower interest rates

With a secured car loan your car will be used as collateral against your loan, meaning that If you default on your vehicle finance, the lender has the option of selling the vehicle to recoup the money owed.

It is generally easier to get lower interest rates when you apply for a secured car loan.

Unsecured car loans for faster results

Unsecured vehicle finance is one for which there is no collateral. In the case of a personal loan, they can assist in securing competitive interest rates. Due to the lack of assets or collateral, unsecured car loans may be processed more quickly which helps you get your car loan faster.

Private sale car loan options

A private sale car loan is a loan from a bank or other financial institution to help you purchase a car from a private party. This is a standard personal loan in which you borrow money from a lender, who then gives it to you in the form of payment.

 

Kiwi Bank Product Details

  • Loan Type Car loans
  • Interest Rate 12.99 – 18.95% p/a
  • Loan Amount up to $50,000
  • Repayment 6 months to 7 years
  • Decision 24 hours

Get a car loan through Kiwi Bank, they are reliable

For those who don't have the money to make a car purchase, car finance can be a good option.

Your monthly payments, the amount of time it will take to pay off the loan, and your total interest will all be calculated using their loan calculator.

Steps to apply for vehicle finance 

  1. Decide how much money you need and why you need it, and then fill out an application for the car loan.
  2. You can decide on your repayment term.
  3. Sign the contact consent form.
  4. Provide your personal and financial details.
  5. Make sure they have all the paperwork they need.
  6. Submit the car loan application for your new car.

Criteria that you should meet when applying for a car loan 

  • The minimum age to apply for a car loan is 18.
  • As a New Zealand citizen or permanent residency resident, you can apply.
  • You need to be able to count on a regular flow of cash.
  • You must have an email account.

If you apply for a loan online, they will get back to you within 24 hours!

Benefits of a vehicle finance 

  • You can borrow more than $2,000.
  • Know exactly how much money you'll have to pay back and at what time.
  • You can always make additional payments to reduce your debt faster.
  • If your vehicle finance application is approved, you could get funds the next working day.

Customer Reviews & Testimonials

February 2020

I had a small query with regards to my loan application. When I called customer service, I was assisted by the nicest, kindest person ever! She spoke to me with respect and listened very patientl...

Olivia J
— Canterbury —

March 2020

Thank you for being so professional and helping me secure the finance I needed to get my car. Much appreciated.

Natalie W
— Northland —

October 2021

Kiwibank helped me buy my first automobile, and I'm completely satisfied with their service. I was able to find the proper car loan on the same day I started looking because of the convenience an...

Mc Donald Blanche A
— Dunedin —

July 2021

This was a huge time-saver for me. With so many alternatives, it was easy to narrow my search down to a single one. For the first time, I was able to afford to buy my daughter an automobile of he...

Peterson B
— Hamilton —

April 2021

Your assistance was impeccable. It's simple to use and straight to the point with your search tools. Thank you for making the process of comparing and selecting the best option for me much easier...

LeRoux M
— Nelson —

Kiwi Bank Contact Details

Contact Number

E-Mail

  • not available

Website

Physical Address


Postal Address

  • Private Bag 39888, Wellington mail Centre, Lower Hutt, 5045, New Zealand

Opening Hours

  • Monday 08:00 – 16:30
  • Tuesday 08:00 – 16:30
  • Wednesday 08:00 – 16:30
  • Thursday 08:00 – 16:30
  • Friday 08:00 – 16:30
  • Saturday 08:00 – 16:30
  • Sunday 08:00 – 16:30