Reviews collected under Lending Room, the team behind NeedCashToday
One form. No repeated credit checks. NeedCashToday matches you to the lender most likely to approve your car loan — new, used or refinance — at a competitive rate, fast.
Get approved for a car loan of $10,000 or more through NeedCashToday before 31 May 2026 and receive a virtual Prezzy Card worth $100–$500 issued within 10 working days of your loan being paid out.
Car loans only. Min. $10,000. Offer valid 1 Apr – 31 May 2026. Full T&Cs apply
We handle the lender matching so you can focus on finding the right car. One application, one soft credit check, and we find the lender most likely to approve you.
Fill in our short online form in about 5 minutes. Let us know the loan amount, whether it's new or used, and a bit about your income and financial situation. We run a soft credit check with no score impact.
Our team reviews your application and matches you to the car loan lender on our panel most likely to approve you at a competitive rate. No repeated applications, no multiple credit checks.
Once approved, review your loan offer, sign your documents and get funded — often the same day. You're never under any obligation to proceed at any stage.
Indicative only. Actual repayments vary based on your approved rate, lender fees and loan structure. Broker fee of up to $1,500 applies on successful funding.
Get my real rateWhether you're buying new, used or looking to refinance, we have lenders on our panel who specialise in each situation.
Buying brand new from a dealer? We match you to lenders who offer competitive rates on new vehicle purchases, often with longer terms available.
Purchasing a used vehicle privately or through a dealer — we work with lenders who finance pre-owned cars across a wide range of makes, models and ages.
Already have a car loan but paying too much? We can match you to a lender offering a better rate, potentially reducing your repayments and total interest paid.
A secured loan uses your vehicle as collateral, typically unlocking lower interest rates. This is the most common structure for car finance in New Zealand.
Don't want to use the car as security? Unsecured car loans are available through some lenders on our panel, though rates may be slightly higher.
On a work visa? We have specialist lenders who accept open and employer-specific work visas with at least 13 months remaining — where most banks will decline.
We work with employed New Zealanders who have a stable income and a clean or near-clean credit record. Here is what lenders on our panel look for.
Full-time, part-time or self-employed with a regular, verifiable income. Consistent income history is the most important factor for car loan approval.
NZ citizens and permanent residents are welcome. Open and employer-specific work visas with at least 13 months remaining are also accepted.
We work with borrowers who have a good credit record. Apply and we'll assess your full situation before approaching any lender on your behalf.
Most car loans on our panel start from $10,000, with terms from 12 to 84 months. The minimum loan amount for our cashback offer is also $10,000.
Our application takes about 5 minutes. We assess your situation and come back with a lender match. No credit score impact at this stage — and your $500 cashback eligibility starts here.
Get Started — 5 MinutesRated 5 out of 5 on Trustpilot
Everything you need to know about getting a car loan through NeedCashToday.
Still not sure? Talk to our team
A car loan is a fixed amount borrowed to purchase a vehicle, repaid over an agreed term with interest. In New Zealand, car loans are typically secured against the vehicle — meaning the car acts as collateral — though unsecured options are available. NeedCashToday matches you to the lender most likely to approve your application at a competitive rate, without repeated credit checks.
Rates on our panel start from 8.99% p.a. (AIR) and go up to 29.95% p.a. depending on your credit profile, loan amount, term, the vehicle type and the specific lender. Secured car loans typically attract lower rates than unsecured ones. We work to find you the most competitive rate available for your situation.
No. We run a soft credit check during our initial assessment which does not appear on your credit file and has no impact on your score. Once matched to a lender, some will accept our soft check while others may run their own standard enquiry before approving your loan.
Yes. We work with lenders who finance both new and used vehicles, including private sales. Lenders may have requirements around the age, mileage and condition of the vehicle, but we will work to find you a suitable match regardless of whether you are buying from a dealer or a private seller.
Simply apply through NeedCashToday before 31 May 2026 for a car loan of $10,000 or more. Once your loan is settled and paid out, a virtual Prezzy Card worth between $100 and $500 will be issued to your email address within 10 working days. The exact cashback value is determined by Lending Room at their discretion based on the loan amount and lender. Full terms and conditions apply.
Yes. If you are currently paying a high rate on a car loan, refinancing through a different lender may reduce your repayments and the total interest you pay over the life of the loan. We can match you to refinance options on our panel — just apply and let us know you are looking to refinance.
Yes. We work with specialist lenders who accept open and employer-specific work visa holders with at least 13 months remaining on their visa, a regular NZ-based income and a good credit history. Most banks decline visa holders outright — our panel includes lenders who specifically cater for this.
A broker and introducer fee of up to $1,500 applies when your car loan is successfully funded. This is added to your loan amount and is always clearly disclosed before you commit. There are no upfront fees to apply and you are never under any obligation to proceed.
A car loan is a fixed amount of money borrowed specifically to purchase a vehicle, repaid in regular instalments over an agreed term. In New Zealand, car loans are commonly secured against the vehicle — meaning the lender holds an interest in the car until the loan is repaid in full. This security typically results in lower interest rates compared to unsecured borrowing.
Loan terms for car finance in NZ typically range from 12 months to 84 months. The right term depends on the vehicle price, your income and how much you want to pay each week or fortnight. A longer term reduces your repayments but increases the total interest paid over the life of the loan.
A secured car loan uses the vehicle itself as collateral. This is the most common structure in New Zealand and typically comes with lower interest rates and access to larger loan amounts. If you default, the lender may repossess the vehicle to recover the outstanding balance.
An unsecured car loan does not use any asset as security. These are less common for vehicle finance but available through some lenders on our panel. Because the lender takes on more risk, interest rates are generally higher than a secured equivalent. If you are purchasing a very old vehicle or one that doesn't meet a lender's security criteria, an unsecured loan may be the more practical option.
Lenders generally view new car loans as lower risk because new vehicles have a known value, full service history and are typically purchased through licensed dealers. This often means better rates and longer terms are available for new vehicles.
Used car loans are also widely available but lenders may have restrictions on the age, mileage or condition of the vehicle. Some lenders will not finance vehicles over a certain age or with odometer readings above a set threshold. We work with lenders across both new and used, including private sales — and we know which lenders are most likely to approve your specific situation.
Refinancing means replacing your current car loan with a new one — ideally at a lower interest rate or with better terms. If your financial position has improved since you first took out your loan, or if you originally accepted a high rate because it was your only option, refinancing could reduce your weekly repayments and the total cost of the loan.
It's worth checking the break costs on your existing loan before refinancing, as some lenders charge early repayment fees. Our team can help you work through whether refinancing makes sense for your situation. Talk to us before committing to anything.
Most banks and mainstream lenders decline car loan applications from non-residents and visa holders outright. This is one area where using a specialist broker makes a significant difference. We have lenders on our panel who specifically cater for open work visa and employer-specific work visa holders, provided you have at least 13 months remaining on your visa, a stable NZ-based income and a good credit history.
If you are on a work visa and need car finance, applying through NeedCashToday gives you access to lenders you would not typically find through a standard bank application.
For a limited time, Lending Room — the team behind NeedCashToday — is offering a cashback of up to $500 on eligible car loans settled between 1 April and 31 May 2026. The cashback is issued as a virtual Prezzy Card and paid to your email address within 10 working days of your loan being funded. The minimum loan amount is $10,000 and the offer applies to car loans only.
The exact cashback value between $100 and $500 is determined by Lending Room at their discretion based on the loan amount and lender. Full terms and conditions apply.
Apply in 5 minutes. No credit score impact. We match you to the lender most likely to approve you — and you could claim up to $500 cashback on eligible car loans.
Soft credit check only. Broker fee of up to $1,500 applies on successful funding. NeedCashToday is powered by Lending Room, FSPR registered. Car loan cashback T&Cs apply.
