ANZ Car Loan
ANZ offers car loans for new and used vehicles with a fixed interest rate of 13.90% p.a. and no application fees.
Last checked on June 11, 2026. We may earn a commission when you click through.
The ANZ Car Loan is straightforward with a fixed rate, but its APR might be high for some borrowers.
ANZ Car Loan
Updated 4 days agoAt a Glance
Representative APR
13.9%
Loan Amount
$3,000–$50,000
Term
6–84 mo
Decision
Within 5 business days
Eligibility Requirements
About this loan
ANZ offers car loans for new and used vehicles with a fixed interest rate of 13.90% p.a. and no application fees.
Our Verdict
The ANZ Car Loan is straightforward with a fixed rate, but its APR might be high for some borrowers.
Best For
Ideal for those seeking a reliable lender with no application fees and quick approval times.
Watch Out
Be mindful of the potentially high fixed interest rate of 13.90% p.a. which may not suit everyone.
What Customers Say
Borrowers appreciate the straightforward process but express concern over the interest rate.
Expert Analysis
With a fixed interest rate of 13.90% p.a., the ANZ Car Loan offers simplicity and transparency. This rate applies to both new and used vehicles, making it a convenient choice for car buyers in New Zealand. Loans range from $3,000 to $50,000 with terms between 6 to 84 months, giving borrowers flexibility in repayment.
Approval typically occurs within 5 business days, which is competitive in the market. However, this loan is not ideal for borrowers seeking lower rates, as 13.90% can be steep compared to alternatives like ASB, which may offer lower rates for qualified applicants. ANZ’s customer service reputation is generally solid, but experiences can vary, particularly regarding responsiveness.
The lack of application fees is a plus, but potential borrowers should be aware that the overall cost of borrowing can add up quickly due to the fixed rate. Before proceeding, it's advisable to compare with other lenders to ensure you're getting the best deal for your financial situation. For more details, visit ANZ's official page.
You'll be redirected to anz.co.nz
Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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