This all depends on your credit rating and your affordability. We ensure your loan will not put you into significant hardship now or later on. Typically our loan amounts range from $8,000 – $15,000
A secured loan is a loan where the borrower pledges some asset (e.g. a car) as (security) for the loan. As we only do Vehicle Finance Loans, your vehicle will be used as the security for your loan.
Our facilities and covenants only allows us to finance Vehicles. We can look at loans to assist the maintenance and upkeep of your vehicle if needed. This is on a case by case basis.
Retail Waiver is pretty much the same as GAP Insurance. It may pay the difference between the balance of a loan due to a vehicle and what your insurance company pays if the car is considered a covered total loss.
If the waiver is financed, it provides you with a range of options should you be unable to repay the loan because of Death, Accident, Sickness, Redundancy, Hospitalisation or Terminal Illness. For more details please see AFD Waivers T & C’s or contact us.

We have a large database of car dealers that use our services. Simply search for these dealers on our website that are closest to you. Alternatively, if you do not find a dealer that suits, you can simply call our lending department on 0800 751 851
Yes. An establishment fee of $365 and a $10.35 PPSR fee applies to every loan. A list of our fees once you have your loan is found here: AFD Fees Charges

We offer competitive rates for personal loans, with rates starting from 9.95%. The rate you will be charged is based on several criteria. These include the type of security provided; value of the security in relation to the loan amount; the amount of money you wish to borrow; your previous credit history with other financial institutions; and your total credit profile.
You can make payments to Auto Finance Direct via:

Online
At any branch of BNZ Bank
Direct Debit – if we have your bank account loaded
Our bank account number is: 02-0214-0161336-00 Remember to include your account reference number

You can take out a personal loan for between 6 and 48 months. This is called the ‘Term’ of the loan. We usually have loans for a term of 36 months.
To make the process as quick as possible, it would be easier if you could supply the following:

– Identification (Usually your Driver’s Licence)
– Proof of Income (No older than 6 weeks)
– Proof of address – a bank statement, utility or rates bill no older than 12 months
– Application Form – can be found here
– Details of the vehicle (usually this is sent from the dealer)

Completing your application for a personal loan will take less than 20 minutes. You can either call us on 0800 751 851 or apply through the car dealer. Sometimes we require extra information – we’ll let you know if we need to do this.
We consider various criteria when assessing your application for a personal loan. If you have ‘bad credit’, such as a recent default to another financial institution, you are unlikely to be approved. If you are not approved we will tell you the reasons for our decision and explain what you will need to do, over a period of time, to improve your likelihood of getting a loan in the future.