5* Year Vehicle Loans

*applicable to cars, caravans, motorhomes and motorbikes only, under 10 years old and above $20,000

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Financial Protection Insurances

Payment Protection Insurance

Life doesn't always go to plan. This loan protection insurance is designed to make life easier in times of hardship. Based on the cover you select, PPI can protect you against the risk of not being able to make loan repayments if you are unable to work due to injury, illness, or redundancy.

  • Flexible policy terms.
  • Choose the cover combination that suits you.
  • Bundle your premium into the amount you borrow.

Your tailored policy will come into effect:

  • If you can’t work due to sickness or an accident.
  • If you become involuntarily unemployed.
  • If you suffer a medical trauma.
  • In the event of your death, the life cover component of the policy will repay your outstanding loan balance.

Guaranteed Asset Protection

Guaranteed Asset Protection, also known as Loan Equity Insurance or Shortfall Insurance, protects you as a borrower by paying the shortfall amount owing to your credit provider in the event that you have a total loss due to accident, theft or damage, and the amount received from your comprehensive insurer is inadequate to settle the loan on your vehicle.

Such a shortfall exists because the outstanding principal on your loan falls relatively slower than the value of your vehicle in the initial period of the loan term. Sometimes the quantum of this shortfall can run into many thousands, especially when taking into consideration the other costs associated with a total loss, so it's important you consider this product to ensure you are adequately protected.

  • Protects your finances and credit rating in the event your vehicle is declared a total loss due to theft or accident.
  • Easily financed into most loans.
  • Purchased independently from your current comprehensive insurer.
  • Additional cash benefit to cover out-of-pocket expenses.

Comprehensive Insurance

At Credit One, we understand that basic insurance may not be sufficient. Our comprehensive insurance goes above and beyond to protect your car against theft, fires, natural disasters, and other hazards. With our comprehensive insurance coverage, you can drive with confidence, knowing you are protected in any situation. Here are more benefits you can enjoy:

  • New for old car replacement
  • Hire car after theft
  • Emergency travel, accommodation, and repairs
  • Trailer cover
  • Transport cover
  • Towing and storage costs
  • Locks and keys
  • Replacement car cover
  • Windscreen and window glass cover

Mechanical Breakdown Insurance

Unlike traditional car insurance, which mainly covers accidents, MBI provides coverage for technical breakdowns such as engine or transmission problems, electrical system malfunctions, and more. Here are several significant advantages:

  • 7 Day / 24 hour AA Roadservice
  • Complete protection for petrol, diesel, hybrid, and electric vehicles
  • Allowances for towing & car hire

Meet Our Partners

We are accredited with the most reputable lenders and insurers in New Zealand giving you a fair choice to compare.

Our Lenders

UDC Marac Finance Now Oxford Finance Avanti Finance Orix BNZ Get Capital Auto Finance Direct CFS Finance Broadlands Partner Finance Lease Autosure Go Cover Quest Insurance
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