Buying a Car

At Heritage we think of everything to make the process of buying your perfect car as easy as possible.

Be Prepared

How much can I borrow?

How much money you can borrow to buy a car will depend on a number of things, including your financial situation, savings, income and expenses, credit history, and the cost of the car. 

Learn more

Meet the loan criteria

To help get your personal loan approved  it’s important you meet the loan criteria. As well as being 18 years or older, you’ll need to provide information such as proof of income, other loan statements and your expenses. Refer to our Application Checklist for more information.

What would my repayments be?

To find out what your repayments could be use our car loan  calculator. This calculator helps you to estimate loan repayments as well as other costs associated with purchasing and running a car, like registration and insurance.

To do's

  • Use our Car Loan Calculator
  • Work out a budget
  • Apply for loan pre-approval
  • Apply for the personal loan and insurances
  • Go shopping
  • Get moving!
Knowing The Cost

How much does it cost to own a car?

There are a number of costs associated with purchasing and running a car. It’s important to understand these costs and how they might impact your repayments and your overall budget.

  • Insurance
  • Registration
  • Running costs such as tyres, fuel and servicing
Car Loan
8.99 % PA 9.62 % PA
Interest Rate
Comparison Rate
Enjoy low application fees and a competitive fixed interest rate for your new or second hand car.
Getting a Car Loan

New vs. used

Our car loan can be used for either new or used vehicles. However, if you are looking at purchasing a vehicle over 5 years old you will be better off looking to apply for a Standard Personal Loan. 

Obtain loan approval first

By obtaining loan approval first you will know how much you can afford before you shop around. 

How do I apply for a Car Loan?

Download our handy Application Checklist  (pdf) to make sure you’ve got what you need.

Start your application online now, call 13 14 22, or visit your nearest branch to get the ball rolling.