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Great rates and a decision in minutes

Shift into gear with a new ride, whether for work or play, upgrade your vehicle with ease. Our car loan options make it simple to finance the perfect ute, van or car for your needs

8.95
%
p.a.
-
12.95
%
p.a.
8.95
%
p.a.
-
12.95
%
p.a.

Calculate your repayments

For the following loan type

​
Personal

I want to borrow

$

With repayments

And pay it back over

​
5 years

Estimated interest rate: 10.75% p.a., fixed for the term i

i

Your estimated weekly repayment including fees

*Your repayment amounts have been calculated at the interest rate and loan term you selected, and are based on the interest rate being constant for the entire loan term, however, your interest rate will depend on your personal circumstances, as explained here. Changes to interest rates and/or the repayment amounts will change this. Our quoted interest rates are subject to change. This calculator is a tool to estimate repayments and the total loan cost only, and is not an offer of finance by Heartland. Heartland's responsible lending criteria, terms, conditions and fees apply.
**The total fees above include an establishment fee of $** and a security registration (PPSR) fee of $**.

Great rates and a decision in minutes

Rates from

8.95
%
p.a.
-
12.95
%
p.a.

Features

  • Interest rates between
    8.95% and 12.95% p.a., fixed for the term

  • Apply
     online anytime,
    anywhere

  • No hidden fees and zero-
    deposit finance available*

  • Providing Kiwis with car
    loans for over 70 years

*Heartland's responsible lending criteria, terms, conditions and fees apply.

Here’s how it works

1 Complete your application in minutes from your mobile phone, tablet or laptop.
2 We’ll verify the information you’ve given us and conduct any further checks required.
3 Sign your loan docs online, we’ll pay out the funds, and you can get behind the wheel!

What do I need to know?

What are the rates, fees and terms?

You can view the fee schedules, rates and terms for Marac car loans on our website.

Can I change my repayment amounts during the loan term?

Yes. Give our car loans team a call on 0800 85 30 30, and we’ll see what we can do to change your loan to suit your circumstances (there may be a fee to restructure your loan).

What is the security for my car loan?

The security will be the car you’ve purchased, although we may ask for additional security and/or a guarantor.

How long will it take for my loan application to be processed?

We will be in contact within two hours from receiving your application, but this might be the next working day depending on when your application is received.

Is there a minimum amount I can borrow?

$5,000 is the minimum amount that can be borrowed.

Can I get a loan approval before I’ve found the car that I want?

Yes – We know that some people like to know how much they can borrow before they go shopping for a car. You can apply for the loan as normal and, if approved, you can use the approval confirmation with a Marac authorised motor vehicle dealer. If you’re organising a private sale, we will pay the private seller on your behalf.

Is there a minimum age to apply for a car loan?

Yes, you need to be at least 18 years of age.

Can I change the amount of my loan after it is approved?

Yes – If you want to increase the amount, give us a call on 0800 85 30 30. If approved, we can confirm this over the phone and you won’t need to fill in another loan application.

Can I apply for a car loan with a learner’s driver license?

No, the minimum driver license we require is a restricted license

What can I do on the Heartland mobile app?

  • View your loan balance
  • Manage your loan payments
  • Access your payment schedule
  • Generate and download statements
  • Update your contact details

For further information, please visit our how-to guides

Take care of your vehicle loan on the go

As part of the Heartland Bank whānau, Marac customers can take care of their vehicle loan on the go through the Heartland Mobile App or Heartland Digital.

Get app access

Ready to apply

Let's get started. Answer some simple questions and we'll be in touch.
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PO Box 9919, Newmarket, Auckland 1149
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