LoanSpot Car Loans

LoanSpot has been committed to personal lending for over 10 years. Today, they provide a wide range of lending services, including car loans. Describing themselves as ‘fast, fuss-free, and friendly’ they’re committed to finding an affordable loan that’ll suit your needs. You’re in good hands with LoanSpot thanks to their ties with New Zealand’s trusted lenders such as Marac, NZCU, UDC, and Avanti Finance, among others.

LoanSpot Car Loans make you feel secured because they don’t have hidden charges and are transparent on any changes. Because LoanSpot acts as a broker, you can be sure that your car loan will be curated according to your personal circumstances. Whether you’re buying a new or used car, LoanSpot NZ can help you to get quick and simple financing.

Compare LoanSpot car loan from other deals and find out if it’s the perfect deal one for you. glimp’s car loan calculator is 100% free and always available!

loanspot car loan nz

Why apply for a LoanSpot car loan?

The loan application process can be done online. All you have to do is provide them your personal details and the amount you’re planning to borrow. They’ll match you with a suitable lender according to your profile wait for your loan to be approved within 3 hours. And that’s it! If you sign the documents before 12pm, you can get the loan transferred on the same day. It’s that simple.

Flexible options

The loan term varies between 1 to 5 years where you can pay on a weekly, fortnightly or monthly basis, depending on the best way you can pay. LoanSpot car loans are tailored according to your needs. They’ll make sure your income and financial circumstance will sit comfortably with your new loan.

LoanSpot Secured Car Loans NZ - Interest Rates & Fees


Borrow any amount from $3,000 to $75,000 for a personal loan. Since LoanSpot offers secured car loans, you’ll register a physical asset as security. This assures the lender that you’ll be able to make future payments. With this guarantee, you can have lower interest rates and, in some occasions, increase your loan amount.

Fees and charges

LoanSpot will charge the following fees aside from what the lender can charge:

  • Fixed interest rates from 9.95% p.a. to 26.95% p.a.
  • A loan establishment fee of up to $999


To qualify for a car loan, you must be at least 18 years old, an NZ citizen or permanent resident with an income of at least $400 weekly. When you apply online, you’ll also need personal details, driver’s license type and number, proof of income, assets and liabilities, and bank account details for quick processing.