✅ Yes — you can check your car loan eligibility online quickly and easily with CarPow. Our online eligibility check takes just a few minutes and gives you an instant idea of whether you qualify for car finance. It’s the simplest way to see your car finance eligibility without paperwork or waiting for a call.

✅ No — when you use our online car loan eligibility check, it will not affect your credit score. We use a soft credit search, which means your credit file won’t be impacted. Only if you move forward with a full car finance application will a full credit check be required.

✅ Even if you’ve been turned down elsewhere, you may still meet car loan eligibility criteria with CarPow. Different lenders have different rules, and we partner with providers who specialise in approvals for people who’ve been refused in the past. Checking your car finance eligibility online with us is a fresh start.

✅ Yes — many drivers with bad credit are still eligible for a car loan. At CarPow, we know bad credit car loan eligibility depends on more than just your credit score. Lenders also look at your income, affordability, and recent payment history. Our panel includes lenders who can approve bad credit car finance and give you a second chance.

✅ Lenders use several factors to decide your car loan eligibility, including:

• Your credit history and repayment record
• Your income and job stability
• Your age and residency status
• Any existing loans or financial commitments
• How affordable the repayments will be for you

When you check your car loan eligibility online with CarPow, you’ll instantly see your chances without damaging your credit score.

Alongside the key eligibility factors listed above (such as income, credit history, and affordability), having the right documents ready will make checking your car loan eligibility faster and more accurate:

• Upload both sides of your driver’s licence — CarPow’s technology lets you take a picture with your smartphone and upload both sides directly into our system. Your licence type can influence your car loan eligibility depending on your credit profile.
• Affordability check (bank statements) — Authorise via our secure link to share your last 3 months’ statements. We instantly receive the information needed to assess car loan eligibility. You’ll also get a downloadable copy of the assessment so you can see what our lending team reviews.
• WINZ or IRD Summary (myMSD upload) — If you receive benefits, upload a screenshot so your full income is counted. More verified income can improve affordability and increase your car loan eligibility and loan size.
• Bad credit? Yes — we can still help. CarPow works with a wide variety of lending providers, including specialists in bad credit car loan eligibility. If you can show you can afford repayments, there’s a strong chance of a successful outcome.

“Car dealers that accept learner’s licence” is a common NZ question. From CarPow’s experience, having a learner’s licence doesn’t automatically prevent car loan eligibility. Most lenders on our panel will consider it, though rates or repayments may vary. The difference usually comes down to perceived risk and insurance costs. Dealers generally don’t mind — but lenders assess eligibility across multiple factors, not just licence type.

Yes. Customers with learner’s licences can apply. Approval depends on overall car loan eligibility criteria such as income, affordability, and credit history — not only the type of licence held.

Absolutely. We accept trade-ins with any licence class. Using a trade-in as a deposit can reduce the amount borrowed and may improve car loan eligibility and repayments.

Have your licence, proof of income, proof of address, and basic expense details ready. Strong documentation speeds up assessing your car loan eligibility and helps us present your application clearly to lenders.

Yes — first-time borrowers can still qualify. Lenders look at overall car loan eligibility including income stability and affordability. We’ll guide you on building a strong application.

Stock changes daily across Auckland, Hamilton, and Christchurch. Your car loan eligibility isn’t about a specific model — it’s about affordability. We’ll show how different vehicle prices affect repayments so you can choose confidently.

Yes. We’ll appraise your trade-in and apply the value as a deposit. A larger deposit can improve car loan eligibility and may lower your interest costs.

Our secure online process streamlines your car loan eligibility check and application. Connect bank statements safely to assess affordability, receive fast indicative outcomes, and proceed when you’re ready — all online.

Browse vehicles in our portal and see how price points influence repayments and car loan eligibility. Our consultants can help you balance features, budget, and approval chances.