Let's help you hit the road faster. Get approval before you buy.
Fees & charges
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 Fee||No early repayment fee, so you can pay your loan off sooner at no extra charge!|
|Other Information||Interest rates depend on your personal circumstances and are fixed for the life of the loan|
Eager to test drive but need to know your limits? Before zooming around town, work out what your repayments might be.Let's calculate
Why choose a Gem Loan?
Know where you stand, with an interest rate that's fixed for the life of your loan.
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 rate||For the life of the loan|
|Loan amounts||From $2,000|
|Car age||Cars up to 20 years of age at the start of the loan (for secured loans only)|
|Repayments||Weekly, fortnightly, monthly|
|Loan terms||6 months - 7 years|
|No early repayment fees||Pay your loan off sooner, at no extra charge!|
How to apply
- Check your interest rate online in 3 minutes without impacting your credit score
- Check your eligibility and complete your application
- Provide any required documents such as payslips and identification
- Securely accept your loan contract online
- Within 24 hours of your contract acceptance the money should be in your account
- 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
^Gem Personal Loan
Gem Personal Loan 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. The interest rate and repayment amounts remain fixed 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. Credit provided by Latitude Financial Services Limited.
Example: Secured Gem Car Loan rates from 6.99% to 18.99% p.a. fixed for the life of the loan, depending on your circumstances. Credit and lending criteria, and fees apply including a $240 establishment fee.