Interest rates and fees

Rates

Our interest rates range from 8.95% p.a. to 12.95% p.a.* and are fixed for the full period of the loan (unless as amended pursuant to the loan agreement). The rate charged will depend on your personal circumstances, taking into account your income, financial commitments and credit history.

To better understand the rate that you qualify for, give our friendly team a call on 0800 85 30 30.

Default interest rates

If you miss an amount when it’s due, a default interest rate of 6% per annum will be charged above the then current interest rate.

Fees

Fees do apply to our vehicle loans. For full information about our fees and charges, see our fee schedule here.

*Heartland Bank Limited's responsible lending criteria, terms, conditions and fees apply, including an establishment fee of $249 and a PPSR fee of $7.39. Marac is a division of Heartland Bank.