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UDC Car Loan - Personal loans

UDC Car Loan

ANZ has made buying your new vehicle easier, using the specialist skills of UDC - New Zealand's leading asset finance company. UDC Car Loans are provided and managed by UDC Finance Limited (a subsidiary of ANZ National Bank Limited). This allows ANZ to provide access to a proven and professional service, which is both quick and easy.

How it works

UDC wants to ensure you get the very best service in the quickest possible way. All you need to do is:

In most instances you will have an answer within 24 hours.

So, if you've found the car of your dreams, it's time to team up with UDC. 

If you're still looking save time and apply for pre-approved finance before you find a suitable vehicle.

Loan purpose
You can only use your UDC Car Loan to buy a car, van or utility.
Loan amount
You can borrow $5,000 or more.
Loan term
You choose your loan repayment term - from one to five years.
Interest rate
The interest rate you pay is fixed for the term of the loan.
Fees

You pay a loan establishment fee. Other fees may apply if the terms change or you make an extra loan payment.

Timely response
Once UDC has received all the information they need, most applications will be answered within two hours.
Repayment frequency
Choose weekly, fortnightly or monthly payments to suit your budget.
Vehicle insurance
As part of the loan approval process, you’ll need to take out comprehensive insurance to cover the vehicle’s value.
Additional insurance
If you wish, UDC can arrange consumer credit insurance and mechanical protection insurance on your behalf.

You must be at least 18 years old to apply for a UDC Car Loan.

Whether you're applying for a UDC Car Loan over the phone or visiting an ANZ branch, you'll need to provide the following information:

  • a copy of your current photo driver's license
  • for existing ANZ customers, confirmation of your income (2 recent pay slips)
  • for businesses, including those who are self-employed, profit and loss statements and balance sheets
  • for non-ANZ customers, confirmation of your income (2 recent pay slips) and bank statements covering the last 3 months.

 

How to apply

For more information or to apply for a UDC Car Loan:

Telephone icon
Call 0800 269 100 (UDC Finance)

UDC lending criteria and fees apply.