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Car Loan

Let's help you hit the road faster. Get approval before you buy.

Check your rate

We’ll ask you a few quick questions about your circumstances to give you a personalised interest rate and repayment amount.

Get started
This won't affect your Credit Score


Fixed Rate
Fixed Rate

Fees & charges

Establishment Fee$240

NZ Postshop
Payment Handling Fee
$1.50 per payment

Late Payment Fee$35 if you don't make the minimum repayment by your agreed due date

Early Repayment FeeNo early repayment fee, so you can pay your loan off sooner at no extra charge!

Car loan
repayment calculator

Eager to test drive but need to know your limits? Before zooming around town, work out what your repayments might be.

Let's see my Repayments

Why choose a Gem Loan?

Full Control

Know where you stand, with an interest rate that's fixed for the life of your loan.

Flexible payments

Choose a repayment schedule that suits you - weekly, fortnightly or monthly.

Pay it faster and save

Save on interest by paying off more each month with our 'Pay It Faster' option.

No early repayment fees

We don't charge early repayment fees, so you can pay off your balance whenever you like.

Let’s talk car loan details

Fixed rateFor the life of the loan
Loan amountsFrom $2,000
Car ageCars up to 20 years of age at the start of the loan (for secured loans only)
RepaymentsWeekly, fortnightly, monthly
Loan terms6 months - 7 years
No early repayment feesPay your loan off sooner, at no extra charge!
Establishment Fee$240

How to apply

  1. Check your eligibility and complete your application
  2. Provide any required documents such as payslips and identification
  3. Securely accept your contract online
  4. Within 24 hours of your contract acceptance, we pay and you drive away


You must:
  • Be 18 years or over
  • Be a permanent NZ resident
  • Be earning a stable income

Frequently asked questions

About my Gem Car Loan
Application and approval
Fees, charges and interest

We're here to help

Got questions for our car loan team? Call now on 0800 422 898

Mon - Fri 8:30am - 6:30pm.

Important information

^Rates range from 8.99% to 22.99% fixed p.a. for unsecured personal loans and from 6.99% to 18.99% fixed p.a. for secured personal loans. Your interest rate depends on your personal circumstances and credit history. The interest rate and repayment amount remain the same for the life of the loan. And if you choose to pay your loan off sooner, we will not charge you an early repayment fee.

Credit and lending criteria, and fees apply including a $240 establishment fee.

Example: A secured Gem Car Loan of $20,000 borrowed for three years with an interest rate of 6.99% fixed p.a. would equate to a total repayment amount of $22,268.16 (including a $240 establishment fee).