Summer is here! With Christmas around the corner, it’s almost time for beach days, road trips, and exciting holiday getaways. But none of that is possible if your car isn’t in working order.
Whether it’s a standard service, WOF, or unexpected repairs, now’s the time to book your vehicle in to avoid additional costs like towing or emergency repair fees during the holiday rush.
If funds are tight, you might be wondering how to cover these expenses. That’s where car repair loans come in! Getting a loan to fix your car can help you get back on the road quickly without breaking the bank
What Are Car Repair Loans?
Car repair loans, also known as auto repair loans, are a type of personal loan designed to cover car-related expenses.
Whether you’re dealing with a flat tyre, engine repairs, or surprise maintenance costs, these loans provide the financial flexibility you need to manage repairs without delay.
What Repairs Can a Car Repair Loan Cover?
With a car repair loan, you can tackle a wide range of vehicle-related expenses, including:
- Regular Maintenance: Oil changes, fluid top-ups, brake replacements, or spark plug checks.
- WOF Costs: Addressing any issues highlighted during Warrant of Fitness inspections to keep your car legal and safe on the road.
- Tyre Replacement or Puncture Repairs: Essential for both safety and fuel efficiency.
Major Repairs: Fixing a faulty gearbox, engine issues, or brake failure. - Cosmetic Repairs: Respraying scratches, fixing dents, or replacing broken lights after an accident.
- Emergency Repairs: Addressing last-minute breakdowns to avoid holiday disruptions.
Why Choose Loan Direct for Your Car Repair Loan?
When it comes to choosing financial support, Loan Direct is your go-to solution for vehicle repair loans in New Zealand.
Unsecured Personal Loans
Loan Direct specialises in fast, unsecured personal loans of up to $75,000. This means you don’t need to put your car or any other asset at risk to access the funds you need for repairs.
Fast and Hassle-Free Loan Approval
Time is of the essence when your car is off the road. Loan Direct simplifies the borrowing process with its easy online application. Most customers receive approval within 1–2 hours* and same-day payout, meaning you can book those repairs quickly and with confidence.
Competitive Interest Rates
With interest rates starting at 11.95% for unsecured borrowing,*Loan Direct provides a convenient and competitive alternative to traditional bank loans. This is combined with flexible repayment terms of 6 to 84 months, letting you choose a plan that works with your budget.
Transparency You Can Trust
Loan Direct ensures that rates and fees are clear from the outset—no hidden surprises. Plus, our commitment to responsible lending means we tailor each loan to what you can afford, ensuring you maintain financial control.
Flexible Usage
The beauty of a Loan Direct unsecured loan is that you can use it how you see fit – so long as it’s legal! Whether it’s for vehicle servicing, emergency repairs, a replacement engine, or even buying new tyres, you’ve got the freedom to allocate the funds where they’re needed most.
*Subject to responsible lending criteria
How to Apply for a Car Repair Loan with Loan Direct
Getting financial support for your car repairs is quick and simple with Loan Direct. You can start your online application right away – it takes just 2 minutes!
We’ll be in touch with you to get a few more details to complete your application, and then we’ll get to work connecting you with one of our high-quality lenders.
Once submitted, your application will be processed within 1–2 hours* and if approved, your funds can be deposited into your account on the same day*.
*Subject to responsible lending criteria.
