Car Loans
An ASB Car Loan puts you in the driver's seat. Borrow for up to 7 years for a new or used car, van or ute. Make extra payments and pay off early with no penalty.
Calculator
Calculate your auto loan, compare different loans and save your loan option via email for later.
Interest rates and fees
Unsecured personal loan (minimum amount $2,000)
As an example, if you borrow $5,000 over 5 years at 13.90% p.a., the total interest cost will be about $2,004. Our standard fixed interest rate of 13.90% p.a. gives you certainty of your rate. Know the rate you will receive before applying, rather than finding out once you submit an application form.
A loan processing fee of $99 may apply. Rates and fees may change. Find out more about rates and fees.
ASB no longer offers Secured personal loans to new customers.
Does an ASB Car Loan work for me?
- Once approved, you will receive our fixed rate of 13.90% p.a.
- Make extra repayments online at any time, with no charges and no early repayment fees.
- Get your loan for a car approved and buy with cash, whether purchasing from a dealer or private seller.
- No hidden costs - we're upfront about our fees in the loan agreement.
- Easily keep track of your vehicle loan online or in the ASB Mobile Banking app.
- Flexible repayment options - choose your loan term, from 6 months to 7 years.
- Just 3 simple steps to get your money. Calculate. Apply. Get approved.
- Apply to borrow any amount over $2,000 if you're over 18 and are a New Zealand Citizen, Resident, or on a New Zealand Work Visa (conditions apply).
Applying for your personal car loan online
01. Calculate
Decide how much you need and what your repayments would be. Choose anything from a 6-month to 7-year personal car loan term to suit your circumstances.
02. Apply for finance
Apply for ASB vehicle financing online if you are an ASB customer. If not, you will need to contact us by phone or in person.
03. Get a decision
We'll give you a response and guide you through the next steps of the financing process immediately once your loan is approved.
04. Get your car
We endeavour to deposit the funds in your account the same day you sign the documents so you can drive away with your new vehicle ASAP.
Apply for an ASB Car Loan
If you're unable to apply online, please call us on 0800 100 600.
We're here to help you
Frequently asked questions
Manage your loan
Interest rates and fees subject to change. ASB's lending criteria, terms and fees apply.