Whether it's a Nissan Leaf, BMW i3, Tesla or one of a host of new battery electric vehicles arriving in NZ, our car loans make getting the vehicle you want easy. You can borrow from $2,000 to $500,000 as long as we're confident you can manage the repayments.
How we can help
Find the right loan to suit what you want to do
Tailor repayments to your income – weekly, fortnightly or monthly
Find the best interest rate
Did you know MTF Finance is rated 4.9 out of 5 on Trustpilot?
"MTF Finance has been helping New Zealanders since 1970, which is longer than I've had my learner licence on these wings!"
Who can get an MTF Finance loan? If you’re a New Zealand resident or visa holder over 18 years of age, hold a valid New Zealand driver licence and have regular income, you can apply for finance with us.
What things can I get a loan for? Whether it drives, floats or flies, we can finance almost anything! We also offer loans for business vehicle and equipment. We can even offer loans for home renovations or that well-earned break, using an existing asset as security.
MTF Finance uses the asset you’re borrowing for (or an asset that you own) as a security for the loan. The asset must exceed $2,000 in value and have a serial number. If you have any questions or need more information about this process, just ask – we’ll be happy to help.
How long does it take to get the money? If you apply in person with supporting documentation, we can often transfer funds to you on the same day that the loan is completed. If it is for a vehicle purchase, we can also arrange to send the funds directly to the seller on your behalf.
How much can I borrow? You may borrow from $2,000 to $100,000, as long as you have sufficient security to support the loan and we’re confident that you are able to manage the repayments.
How soon will I know if my loan is approved? To consider your application, you must provide:
– A valid NZ driver licence
– A bank statement less than 30 days old in your name, showing transactions for the last 90 days
– A utility bill, bank statement, rates, NZ Government documentation or insurance confirmation showing your name and physical address
If you apply in person and bring these documents with you, we can usually give you an answer on the spot. All decisions are subject to responsible lending inquiries and checks.
What happens when my loan is approved? We’ll talk through the loan document, make sure you understand your rights and obligations under the contract and then ask you to sign it. If you have any concerns or queries regarding the obligations you are entering into, we recommend that you seek advice from your lawyer or accountant before signing the loan document.
Are there any hidden costs? The interest rate and all fees are set out in the loan agreement you sign at the beginning of the loan term.
Frequently asked questions
Why choose us
Here’s some reasons why our customers trust us to help them get what they need.
We’re here for you
Straight-up service, honest advice, and support that’s just a phone call away.
We can usually let you know how much you’re approved for on the same day you apply, subject to responsible lending inquiries and checks.
Locals backing locals
We’re local people living and working in your community.
We take the stress out of finance
Online, over the phone or in person, we’ll guide you through your options to see what’s best for you.
We're the top-rated finance company on Trustpilot
With over 10,000 customers giving us 4.9 out of 5.