Car Finance | Hawera and New Plymouth

Vehicle Finance at MG Taranaki.

Hitting the road in your new car couldn’t be easier at MG Taranaki with UDC Finance.

MG Taranaki is happy to arrange pre-approval for finance packages on selected vehicles and our car finance options also include fleet leasing for business customers. If you would like further information regarding car finance solutions available at MG Taranaki, please fill out an enquiry form below.

Benefits of a UDC car loan^*

• Competitive interest rates from 11.2% p.a. to 13.7% p.a.+ $250 documentation fee.
• Up to 100% finance
• Customised finance packages based on your requirements
• Flexible loan terms from 1 to 5 years
• Same day approvals available for applications made during business hours
• Simple online application process

_{* UDC lending rates vary and the actual rate charged will depend on many factors including the amount of lending, the term of the loan, size of deposit, customer credit history and risk profile. Interest rates are fixed for the term of the loan.}

Finance Services Available

MG Taranaki offer the following finance services:

Hire Purchase

Hire Purchase is the most common method of purchasing a vehicle for private buyers with repayment terms between 6 to 60 months and deposits to suit. Structured payments or balloon payments (where you pay less each month and make a large lump sum payment at the end of your loan term) are available in your tailor-made Hire Purchase contract.

Finance Lease

Finance Lease is often a preferred method of financing for businesses and GST registered individuals. Finance Lease allows purchasing the vehicle of your choice without diverting valuable working capital from your business. Lease terms can vary between 12 and 45 months and residual values and monthly rentals are negotiable.

Operating Lease

Operating Lease (often called contract hire) is a popular choice for corporate buyers. At the end of the lease (usually 24 to 36 months) you simply return the vehicle and drive away in a new model. There is no residual liability. Monthly rentals are often 100% tax deductible in the case of businesses (please check with your own tax advisor). You can also have the option of a full maintenance package built into your monthly rental.

Finance Terms & Fees

• General Conditions
• Credit Sale Agreement (Personal)
• Term Loan (Personal)
• Security Agreement (Personal)
• Early Repayment Charge (Consumer)
• Customer Service (Change of address/Complaints/Dispute Resolution/Hardship/Defaults)