Car loan details
|Fixed rate||For the life of the loan|
|Loan amounts||From $6,000|
|Car age||Cars up to 20 years of age at start of loan|
|Repayments||Weekly, fortnightly or monthly|
|Loan terms||6 months - 7 years|
|No early repayment fees||Pay your loan off sooner, at no extra charge!|
|Peace of mind||For added peace of mind, our optional|
Repayment Protection Insurance is available for when you need it most
|Don’t want your loan secured against your car, or your car doesn’t meet the criteria? Check out our personal loans.|
Calculate your repayments
Use our handy car loan calculator to determine what your repayments may be on your new ride.
Fees & charges
Payment Handling Fee
|Late Payment Fee||$35 in the event that you can't make the minimum repayment by your agreed due date|
|Early Termination Fee||No early repayment fee, so you can pay your loan off sooner at no extra charge!|
- Be 18 years or over
- Be a NZ resident
- Be earning a stable income
Frequently Asked Questions
About my Gem Car Loan
The Application and Approval Process
What about fees, charges and interest on my Gem Car Loan?
*Your interest rate depends on the amount borrowed, your personal circumstances and credit history. The interest rate and repayment amount remain the same for the life of the loan with no early repayment fee.
Conditions, credit and lending criteria apply.
Example: A Gem Secured Car Loan of $20,000 borrowed for 3 years with a fixed interest rate of 9.99% p.a. would equate to a total amount payable of $23,550.12 (including a $240 establishment fee).