Rating based on 37 reviews

Discount Finance

  • Car loans up to $20,000
  • Low-interest up to 13.95%
  • Repayment up to 4 years

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Discount Finance homepage
Author Discount Finance. Screenshot of Discount Finance website.
[Accessed April 17, 2018]

Discount Finance - Fast loan payouts

Purchasing a new vehicle is a very exciting experience but paying for it might be problematic, we aim to help you find the car of your dreams quickly and with very little effort on your part.

Our loans are fast, easy and highly competitive. We offer vehicle financing through Wheeler Motors and work hard to make sure that you can purchase your vehicle choice.

A unique loan service

Our service is unique because we customize design a financial package to suit your individual needs, requirements, and your budget. Discount Finance together with Wheeler Motors adheres to strict lending criteria.

We are committed to creating a package that fits into your current situation and your lifestyle. To make an informed decision you need to know your options and how much money you have to pay for your new vehicle. If you are self-employed or working part-time you may still apply.

Wheeler Motors will find you the wheels, you deserve

Browse through the outside variety of vehicles on offer on our website. The payments and financing options are listed along with each vehicle to help you make an informed decision. We will give you all the information that you need and how much your loan will cost, this includes the interest rate, deposit, and repayment terms.

We offer a variety of vehicles with different interest rate options

  • The repayment schedule is designed to suit your wallet and your budget
  • Our fees are straightforward and easy to understand while being tailor-made to suit your requirements
  • If you don’t have a deposit or a vehicle to trade in then we have other options available to you
  • The quick loan application process is quick and easy and can be completed 100% online
  • We protect your purchase by providing a number of different insurance packages

Discount Finance Services

To help you find the vehicle you require give us a call or stop in at one of our branches.

Our highly trained staff will help you secure the best deal available and answer any questions that you may have.

Once you have found the car you are looking for, speak to our full-time business manager on-site they will help you determine if you can afford the vehicle and create a customized car loan repayment schedule to suit your budget.

We know that you don’t have time to waste, so this entire process can be completed in as little as 30 minutes.

Same day trade-ins

If you have a vehicle you would like to trade we will evaluate your vehicle and find you the best deal that we can find you.

If everything goes according to plan you could have your vehicle today.

If there are any delays then we will loan you a car until your new vehicle is ready.

Calculate how much you need

To help you determine how much you can afford to borrow to buy your new car there is a helpful personal loan calculator available on our website

Simply fill in your vehicle price, how much you have to put down as a deposit and how much your trade in’s worth if you are trading in your old car.

The calculator will work out how much everything will cost and what your repayment terms will be.

The advantages and disadvantages of a car loan

A vehicle is one of the most expensive purchases you make in your life so you should make sure you do your homework before applying for a loan to make sure that you are getting the best deal possible.

Discount Finance – Car loan

  • Loan Type Car loans
  • Interest Rate 13.95%
  • Loan Amount up to $20,000
  • Repayment 12 months to 4 years

Benefits of Discount Finance

  • Affordable car loans
  • Find the car that suits you
  • Get to sell your car

Car loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Discount Finance - Drive away in your dream car

Applying for a car loan will help you buy the car of your dreams a lot faster than if you had to save up to purchase the vehicle.

The loan repayments can be spaced out so that you can get your car and worry about paying for it at a later stage. When you buy a car with a car loan you don't own the car until all your payments on the loan are made your car is essentially a rental. Only once you have paid back your loan in full will you own the vehicle.

If you are able to trade in your old vehicle or put down a deposit you will be given a better deal and a lower interest rate. A car loan is a long-term commitment and you will be required to repay the loan in installments. The less you pay off per installment the longer you will be committed to the loan.

There are a number of different ways to obtain vehicle financing

  • Banks: these car loans are easy to apply for and accessible but the lending criteria can be very strict and banks charge much higher interest rates and other charges.
  • Credit unions: a credit union is a non-profit organization that is owned by its members. Members qualify for discounted rates and charge fewer fees.
  • Car dealerships: Many car dealerships provide in-house vehicle financing. This type of loan is very convenient. The cons of this type of financing are that you may spend more than you originally planned and the interest rates charged are usually very high.

Customer Reviews & Testimonials

There is no need to click up and down on the site to find the application form it is right there for you on the first page.

Martin S
— Christchurch —

A friend of mine let me know about the company and although my credit score was not that high they let me get the loan that I needed to get my car.

Tomas T
— Auckland —

They have helped me to get the car that I need for my family and we are very happy with the loan fees that we need to pay each month.

Greg W
— Wellington —

Discount Finance Contact

Physical Address

Opening Hours

  • Monday 08:30 – 18:00
  • Tuesday 08:30 – 18:00
  • Wednesday 08:30 – 18:00
  • Thursday 08:30 – 18:00
  • Friday 08:30 – 18:00
  • Saturday 09:00 – 16:00
  • Sunday 10:00 – 16:00