MTF Finance Car Loan
MTF Finance offers vehicle loans in NZ with rates starting from 8.95%, available through dealers and brokers.
Last checked on October 23, 2026. We may earn a commission when you click through.
MTF Finance Car Loan
Updated 12 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
With competitive starting rates of 8.95% and a quick same-day decision process, MTF Finance is a strong option for those needing vehicle financing. However, rates can escalate to 19.95%, making it less ideal for long-term borrowers.
Best For
Kiwis with a steady income and decent credit looking for car loans between NZD 2,000 and NZD 100,000.
Watch Out
The maximum APR of 19.95% can be steep, especially for those with less-than-perfect credit.
Pros
- Same-day loan approval
- Wide range of loan amounts (NZD 2,000 to NZD 100,000)
- Established non-bank lender since 1970
- Flexible loan terms from 12 to 84 months
Cons
- High maximum APR of 19.95%
- Requires proof of regular income
- Rates may not be as competitive for those with poor credit
- Customer service experiences can vary
Full Review
Our editorial team noted that MTF Finance has been a reliable player in the vehicle finance space since 1970. Approval times are impressive, allowing for same-day decisions. This can be if you need to secure financing quickly.
However, be aware that while the minimum APR is appealing at 8.95%, many applicants may find themselves closer to the higher end of the range. This is particularly true for those with lower credit scores, which can affect overall costs significantly. MTF Finance requires proof of income and residency in New Zealand for approval.
While this is standard, it can be a barrier for those with irregular income or newly arrived in the country. The company’s customer service reputation is generally good, but so it's wise to do your homework before applying.
Who Is This For?
This loan is tailored for New Zealand residents aged 18 and over, who have a regular income and are seeking to finance a vehicle.
What Borrowers Say
Borrowers appreciate the quick approval process but caution about variable interest rates based on credit scores.
Summary
MTF Finance provides car loans ranging from NZD 2,000 to NZD 100,000 with terms of 12 to 84 months and an APR between 8.95% and 19.95%.
About This Loan
Requirements
- NZ resident
- Aged 18+
- Regular income
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