- What can I borrow?
- What can I afford?
Win with MTF Finance
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Your local finance experts
MTF Finance has been helping New Zealanders to get the things they need since 1970.
- tailor repayments to suit your income, with weekly, fortnightly or monthly instalments
- choose a loan term to suit your budget (up to 60 months) - the longer the term, the lower your repayments
- we'll give you the best interest rate we can, based on your personal profile
If you're in business, you may claim GST on your vehicle purchase price at the start of the loan. The vehicle is recorded as an asset on your balance sheet, so you can claim depreciation.
Leasing is a cost-effective way to use a vehicle without the responsibility of ownership.
- lease term of 46 to 48 months
- fixed payments for the term of the lease
- business customers may be able to claim GST, find out more
- long term lease with the option to buy
Vehicle leasing is a convenient option if you use your vehicle for business, plan to use the vehicle for a fixed period of time, or like to upgrade regularly.
Cost of borrowing and standard terms
For information about standard form contract terms, interest rates and fees, when financing with MTF Finance, see Cost of borrowing
- Compare loan vs. lease
Ownership At the end of the contract Residual value liability Goods Can be new or used Are recorded on your balance sheet Interest Fixed rate for the full term of the contract Calculated on GST-inclusive price Calculated on GST-exclusive price Tax benefits for business Interest and deprecation are deductible GST Calculated on goods value Risk protection Comprehensive insurance (required) Mechanical breakdown insurance (optional) Payment waiver (optional) Term Minimum-maximum 3-48