Finance
At Gazley, our aim is to make your vehicle purchase an easy and enjoyable experience. We offer a full range of motor vehicle financing, insurance and warranty products.
Our Finance Commitment to You
We will be fully transparent in the information given to you regarding lending, which means we will always disclose to you, the borrower, a lending quote.
- Competitive interest rates
- The terms of the contract
- Any documentation fees, set by the finance company
- Any monthly account keeping fees the lender may charge
- The final amount to be paid back including interest
Your Finance Options
There is no ‘one-size-fits-all’ with finance, so it’s important that our lenders have as much information as possible in order to tailor you a lending package that suits your needs over the loan life cycle.
Hire purchase is typically referred to as financing your vehicle, meaning you get drive your car while paying it off. This can be particularly useful if don’t the have cash to buy the vehicle up front. This can be made even better if taking advantage of our brands low finance rate offers.
When financing your vehicle there can be set-up and accounting fees to pay alongside your deposit (if you are putting one in). Your deposit may also just be the vehicle you are currently driving that is being traded in. Things like accessories, service plans and on-road costs will also need to be covered in your deposit.
Getting approval:
before we both sign on the dotted line we’ll need to ensure or look at the following:
- You can afford the agreed repayment schedule (weekly or monthly payments etc.) – We are responsible lenders
- The agreement meets both of our requirements
- Your personal/business credit history and whether your owe money to other lenders
- You are over the age of 18 and have a restricted or full NZ drivers licence, and have 2 forms of NZ id available
For a more in-depth look at hire purchase we recommend reading through this page from Consumer Protection NZ here.
Some terms you may need to know:
- Interest rate:
A small percentage of the amount borrowed charged by the lender for the loan. - Amount to borrow:
The price of the car agreed upon by you and our sales team. Including any trade-ins and deposit. - Loan Term:
How long you will be paying off the loan, typically 36-60 months - Balloon:
A portion of the borrowed amount to be payed as a lump sum at the end of the loan term.
Consumer & Business Lease for GST registered businesses
The advantage of a Consumer or Business Lease is that it enables you to structure the contract by selecting a term and agreeing to a suitable residual value with us. This allows you to tailor your monthly payments to suit your budget. Residual value risk is carried by you.
Because the payments are fixed and known in advance, you have firm control over your vehicle budget.
After the lease period is over, the vehicle is returned to us. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
- This flexible leasing plan for business users offers possible tax benefits while improving cash flow.
- Lease terms from 6 months to 5 years
- No annual fees
- Structure your lease by selecting a term and agreeing to a suitable residual value with us.
- Tailor your monthly rentals to suit your budget.
- Rentals are fixed and known in advance – you have firm control over your vehicle budget.
- Residual value risk is carried by you.
Option to Upgrade
After the lease period is over, the vehicle is returned to us. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
Operating Lease
We offer both Fully Maintained and Non-maintained Operating Lease options on new Volkswagen & ŠKODA vehicles.
An Operating Lease can best be described as a long-term rental arrangement based on a fixed-term and kilometre allowance.
An operating Lease allows you to easily budget your vehicle expenses, and your monthly rentals are fixed over the term of the lease.
- Maintained & Non-maintained Operating Lease options
- Fixed-term & maximum kilometre allowance
- All servicing is conducted by professional trained technicians using genuine parts
- Option to treat off Balance Sheet (Business Operating Lease only)
Maintained Option
The Fully Maintained option makes forward planning a lot easier for you, as the monthly rentals include scheduled servicing , annual registrations and warrants of fitness, with options to include replacement tyres and puncture repairs.
Option to Upgrade
After the lease period is over, the vehicle is returned to us. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
You are protected by responsible lending laws. Because of these protections, the recommendations given to you about this loan are not regulated financial advice.
Our Finance Partners
Gazley standard lending rates range from 10.95% to 14.95%. Rates vary depending on many factors including the amount of lending, the term of the loan, the level of deposit or equity in the loan, customer credit history, and customer risk profile. We also have many promotional finance opportunities with our new vehicle brands.
For a complete list of our finance partners and their documentation follow the link below.
What we can offer
- Competitive interest rates from 10.95% to 14.95%
- Up to 100% finance for new and used cars
- A simple application process
- Flexible loan terms from 12 to 64 months
Warranties & Insurance
Everything you need to know about manufacturer warranties and insurance for your next car. Including Payment Protection Insurance, GAP Insurance, Mechanical Breakdown Warranties and vehicle insurance.
