Finance Bloom secured vehicle finance review

A range of pre-approved vehicle finance options for personal or business use and flexible loan terms.

Finance Bloom offers secured vehicle finance for cars, trucks, boats, motorcycles, and more. They can arrange for vehicle finance to be pre-approved before you go shopping, and are flexible if you want to purchase privately or from a dealer.

You can take out a car loan of anywhere between $3,000 to $500,000 and receive a tailored interest rate depending on the vehicle you want.

Read on to find out what you need to know about Finance Bloom vehicle finance.

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6.35% - 28%

Interest Rate (p.a.)


Max. Loan Amount


Product NameFinance Bloom Secured Vehicle Loan
Interest Rate (p.a.)6.35% - 28%
Min. Loan Amount$3,000
Max. Loan Amount$500,000
Loan SecuritySecured
Loan Term6 months - 7 years
More Info

Features of a secured vehicle loan from Finance Bloom

  • Interest rates between 6.35% - 28%. Interest rates are personalised for each applicant and the lender will look at factors such as credit score, financial situation and amount borrowed.
  • Flexible loan size. You can apply for a secured loan for an amount between $3,000 and $500,000, depending on the vehicle.
  • Loan terms. Flexible loan terms are offered between 6 months and 7 years.
  • Employment status. Full time or part time work is acceptable for a loan application.
  • Flexible loan approval. Those with bad credit, on temporary visas or pensioners can apply.

How much will the loan cost?

Some of the standard costs you can expect to pay with a Finance Bloom secured vehicle loan include:

  • An establishment fee between $395-$500 to set up the loan.
  • A service fee between $3 and $5 per month.

Pros and cons


  • Flexible loan amounts
  • Flexible loan terms
  • Welcomes bad credit applicants


  • High establishment fee
  • May have high interest rate, depending on your circumstances

How to apply for a Finance Bloom vehicle loan

You can apply for a Finance Bloom vehicle loan by filling out the online application form on their website. Before doing so it’s important that you read and understand all of the fees and charges which are included with a loan before you make an application.

Eligibility requirements

  • Be over 18 years of age
  • Be a NZ citizen, resident or have a valid visa
  • Be in employment and earning at least $450 per week

Required documents

  • Driver’s licence
  • Copy of your passport
  • Copy of your work visa (if applicable)
  • Recent bank statements

Compare car finance

Name Product Interest Rate (p.a.) Min. Loan Amount Max. Loan Amount Loan Term Establishment Fee
Simplify Secured Car Loan
6.25% - 12.50%
12 - 60 months
$100 - $500
Eligibility: Must be 18+, a New Zealand resident or permanent citizen and have an income of at least $500 per month.
See how much you could borrow without affecting your credit score.
MTF Finance Secured Car Loan
8.20% - 20.20%
3 to 60 months
Eligibility: Must be 18+, be an NZ citizen, resident or have a work visa, and have a regular source of income.
Secured car loans from $2,000.
FROM 6.99%
The Co-operative Bank Unsecured Personal Loan
6.99% - 19.99%
6 months to 5 years
Eligibility: Be 18+, an NZ citizen/permanent resident, or have a valid work visa.
Floating-rate, unsecured personal loans from $3,000.
Kiwi Car Loans Secured Loan
6.95% - 19.95%
1 to 7 years
$195 - $995 depending on lender
Eligibility: Be 18+, an NZ citizen, permanent resident or have a work visa, and have an income of least $500 per week.
100% online secured car loans from $5,000
Lending Crowd Secured Car Loan
5.03% - 15.44%
3 or 5 years
$450 - $1,450 depending on the amount borrowed
Eligibility: Be a NZ resident/citizen and have a good credit score.
Borrow $5,050 to $200,000 for your chosen vehicle. 100% online with no paperwork or early repayment fees.
CarFinance2U Car Loan
8.95% - 23.95%
1 - 5 years
Eligibility: Be at least 21 years old, have a valid NZ driver's licence and be an NZ citizen or permanent resident.
With a CarFinance2U secured or unsecured car loan you could get pre-approval for your next car in 30 minutes.
Nectar Unsecured Car Loan
8.95% - 29.95%
6 months - 4 years
Eligibility: Must be 18+, an NZ citizen or permanent resident, have an income of $400 per week or more (after tax) and a stable credit history.
Unsecured car loans from $1,000 with payouts made within one day of approval. Applications entirely online.

Compare up to 4 providers

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