How Your Car Loan Affordability is Assessed

We look at more than just your credit score. Our process considers your income, expenses, and lifestyle to help match you with a loan that fits your budget

  • ✔ Secure online portal
  • ✔ Eligibility in minutes
  • ✔ No-obligation pre-check
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Competitive rates from 10.95% p.a. T&Cs apply.

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How We Assess Your Car Loan Affordability

Clear, fair, and personalised — we make sure your finance fits your life, not the other way around.

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Your income & stability

We look at your income sources to ensure you can comfortably manage repayments.

  • Full-time, part-time, or self-employed considered
  • Consistent earnings history
  • Support for multiple income streams
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Current expenses

Everyday costs are factored in so repayments fit alongside your existing commitments.

  • Rent or mortgage payments
  • Utilities, groceries, transport
  • Other loan or credit repayments
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Credit history

We take a balanced view — past challenges don’t mean bad chances.

  • Checking repayment reliability
  • Considering positive recent behaviour
  • Helping rebuild your score
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Repayment timeframe

Choosing the right term can keep payments manageable and stress-free.

  • Flexible term lengths
  • Early repayment options
  • Clear cost breakdown
⚖️

Responsible lending

We follow NZ’s responsible lending guidelines to protect you and your budget.

  • Transparent interest rates
  • No hidden fees
  • Supportive, ethical approach
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Tailored to you

We match you with finance that works for your situation — quick, clear, and online.

  • Custom repayment plans
  • Options for first-time buyers
  • Nationwide support
Your Application Essentials

What You’ll Need to Get Started (and What Might Be Next)

Having these ready helps your application move faster from soft check to approval.

ID

Full Name & Date of Birth

Your legal name and proof you’re 18+ to apply.

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Mobile & Email

So we can send your result and keep you updated.

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Employment & Income

Type of work, monthly income, and how often you’re paid.

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Visa or Residency Status

NZ Citizen/PR, Work Visa, or other status for lender matching.

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Driver’s Licence Photos

Clear front and back images for ID verification.

💰

Affordability Check

Authorised in our system to confirm repayments fit your budget.

📝

WINZ or IRD Summary

Upload from myMSD or IRD to confirm your income.

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Proof of Address

Recent bill, statement, or tenancy agreement.

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Bank Statements or Payslips

Commonly the last 3 months, for final lender approval.

Why this matters: Being prepared with these details reduces delays and helps you move from soft check to driving away in your new car faster.
CarPow • Soft Check Calculator
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No hard credit check to begin

Quick Soft Check

We’ll use this to estimate affordability. It won’t affect your credit score.

Check My Eligibility Soft check only • Read-only assessment • Secure

Start Your Application Today

Only takes 2–5 minutes

3–5mins to apply
$0no deposit options
100%online process

How It Works

Apply Online

Quick 2-minute form to get started.

Get Pre-Approved

We match you to the best lender. No impact to credit.

Choose Your Car

Pick from nationwide dealers or tell us what you want.

Drive Away

Sign online. We sort the rest.