MTF Finance Car Loan
MTF Finance offers car loans in NZ with rates starting from 8.95% through dealer and broker networks, catering to a variety of borrowing needs.
Last checked on July 23, 2026. We may earn a commission when you click through.
MTF Finance provides competitive car loan options for those looking to finance a vehicle, with flexible terms and quick approvals.
MTF Finance Car Loan
Updated 14 days agoAPR Range
8.95–19.95%
Amount
NZ$2k–NZ$100k
Term
12–84 months
Type
car_finance
You'll be redirected to mtf.co.nz
Our Verdict
MTF Finance provides competitive car loan options for those looking to finance a vehicle, with flexible terms and quick approvals.
Best For
This loan is ideal for NZ residents aged 18 and over who have a regular income and need quick access to vehicle financing.
Watch Out
Interest rates can reach up to 19.95%, so borrowers should ensure they can manage repayments over the loan term.
Pros
- fast loans approval
- Wide range of loan amounts
- Specialised vehicle finance provider
Cons
- High maximum APR of 19.95%
- Limited to NZ residents only
- Not suitable for those with irregular incomes
Full Review
With rates starting at 8.95%, MTF Finance stands out as a popular choice among non-bank vehicle lenders in New Zealand. The range of borrowing amounts from $2,000 to $100,000 allows flexibility for various vehicle types and budgets.
Approval decisions are made on the fast, which is beneficial for those needing urgent financing. However, the maximum APR of 19.95% could be steep for some borrowers, especially those with less-than-perfect credit. This means potential customers should assess their financial situation carefully.
Unlike traditional banks, MTF Finance is focused solely on vehicle loans, which may provide a more streamlined experience. It's crucial for borrowers to fully understand the terms, including repayment schedules and any additional fees that may apply. Before committing, explore the official site for detailed terms and conditions (https://www.mtf.co.nz/vehicle-finance/).
Who Is This For?
Ideal for NZ residents with a stable income looking for flexible vehicle financing options.
What Borrowers Say
Customer reviews highlight efficient service and quick approval times, though some express concern over interest rates.
Summary
MTF Finance offers flexible car loan options with quick approvals, but borrowers should be cautious of potentially high interest rates.
About This Loan
Requirements
- NZ resident
- Aged 18+
- Regular income
Similar options
ASB Car Loan
AutoAPR
12.95%
Amount
NZ$2k–NZ$50k
Term
6–84mo
Best for: Best suited for ASB account holders needing a quick loan for a new or used vehicle with flexible terms from 6 to 84 months.
ANZ Car Loan
AutoAPR
13.9%
Amount
NZ$3k–NZ$50k
Term
6–84mo
Best for: Ideal for those seeking a reliable lender with no application fees and quick approval times.
APR
9.95–29.95%
Amount
NZ$2k–NZ$50k
Term
12–84mo
Best for: This loan is best for those who need quick access to funds for vehicle purchases and have a reliable income.
Harmoney Car Loan
AutoAPR
7.99–24.99%
Amount
NZ$2k–NZ$100k
Term
36–84mo
Best for: This loan is ideal for those who want to check rates without affecting their credit score and need a loan range between $2,000 to $100,000.
AA Money Car Loan
AutoAPR
9.4–12.15%
Amount
NZ$5k–NZ$75k
Term
12–60mo
Best for: It's ideal for those seeking quick online approval and flexible loan amounts for vehicle purchases.
UDC Finance Car Loan
AutoAPR
8.55–11.7%
Amount
NZ$5k–NZ$100k
Term
12–60mo
Best for: This loan is best for those seeking a straightforward vehicle financing solution with the option to tailor repayment terms to fit their budget.