Vehicle finance in New Zealand
Vehicle finance lets you buy a car, ute, van or truck and pay it off over a set term. LDM Finance submits one application across a panel of lenders, including UDC, Heartland Bank and Avanti, to find a structure that suits your cashflow. Zero deposit and balloon options are available.
Choose your finance type
Car finance
Consumer and business car loans with clear, fixed repayments.
Explore car finance →
Commercial vehicle finance
Utes, vans and light trucks for tradies and owner-drivers.
Explore commercial finance →
Truck finance
Tippers, canters and heavier vehicles built to keep earning.
Explore truck finance →
Ute & toolbox service body finance
A priority tradie product, set up for work-ready vehicles.
Explore ute finance →
Zero deposit finance
Finance the full price and keep your working capital free.
Explore zero deposit →
Balloon & PCP finance
Lower regular repayments with a deferred lump sum at term end.
Explore balloon & PCP →
Compare finance structures
The right structure depends on how you use the asset and how you want to manage cashflow.
| Feature | Standard finance | Balloon finance | PCP finance |
|---|---|---|---|
| Regular repayment | Higher, fully pays off the asset | Lower, part deferred to a balloon | Lower, based on projected future value |
| End of term | You own the asset outright | Pay, refinance or sell to settle balloon | Keep, hand back or trade up |
| Best for | Long-term ownership, simple structure | Cashflow-sensitive businesses | Regular vehicle upgrade cycles |
| Deposit | Optional, zero deposit available | Optional, zero deposit available | Optional |
| Ownership during term | Financed in your name | Financed in your name | Financed, subject to return options |
Vehicle finance questions
Yes. Many tradies and owner-drivers use one vehicle for work and family. We structure finance around how the asset is used and whether the applicant is a business or an individual, so the paperwork and the lender match your situation.
Cars, utes, vans, light trucks and heavier commercial vehicles, as well as machinery and other business assets. If it is an income-earning asset on wheels or tracks, we can usually structure finance for it across our lender panel.
Not always. Several lenders on our panel offer zero deposit finance, where the loan covers the full purchase price. A deposit lowers your repayment and total interest, but keeping capital free is often the better call for a working business.
We assess one application against the whole panel, including UDC as a preferred partner, Heartland Bank, Avanti and a broker network for complex cases. You are matched to a suitable lender rather than limited to a single option.
LDM Finance works with a panel of lenders and is not a lender. All figures are indicative only, at a representative rate of 12.95% per annum, and do not constitute an offer of finance. Lending criteria, terms and conditions apply. Final disclaimer wording pending UDC sign-off.