Why CarPow?

Can I get a car loan if I owe finance on my current vehicle?

Many of the CarPow customers we supply with new vehicles come to us with this uncertainty initially and it’s a great question for us to talk about. You more than likely already have a car and for one reason or another are considering upgrading. It could be that you need a car loan for a family sized vehicle or perhaps want a newer vehicle.

What we can do at CarPow is use our relationship with partner dealers to ensure your new car purchase also includes a trade in of your current motor so it clears off any finance. How this works is we would simply need to know your ‘settlement’ figure from the provider its funded from or if its a previous CarPow vehicle we can help out.

Once we know what the vehicle owes we can estimate what a car dealer would be willing to pay for it. We can’t promise you will make a profit as obviously a dealer will only want to pay wholesale and not a retail price. What we will say though is that if you want to have a no fuss way of exiting your current car and taking out a new used car loan we are the ones to help.

If you have taken finance out within 12-18 months its likely that your car loan settlement will actually be higher than then current valuation. There are several reasons for this including if you perhaps included vehicle insurance and warranty to the original loan amount. The good news is that even if your outstanding balance is more than what you except for trade we can still work on a new deal for you. Often the lender will allow a certain amount to carry over to your new purchase and we can also look to aim to get the very highest amount for your existing vehicle to help offset the amount required!

Friendly and Approachable credit

Apply Online

We have tried to keep things as simple as possible and remove unnecessary steps to the process meaning you can complete our application in little than 1 minute. No credit check is done until we have reviewed your affordability and decided the loan looks good for pre-approval. We can then give you a fast decision for your car loan.


Select Vehicle

Once you have idea on how much you are able to lend, you can narrow your search to include only vehicles within your budget. Our vehicle experts will work with you to provide options to consider from reputable dealerships we work with and our own vehicles in stock. You are also able to search our listings in advance too!


Sign And Drive

When you have decided on your dream new car and have signed our digital documents from any mobile device all you need to do is sit back and await our delivery date to your door or work. If you want to collect in person that can be arranged also once your new car has been prepared to the high standard we expect. 


How CarPow works?

With our foundations in the UK car market in 2007 and in NZ since 2012, CarPow are the latest incarnation with our whole aim to make the process of buying a car as simple as possible. Our advanced technology is designed to assist you every step of the way and make the whole process as stress free as possible.

Frequently Asked Questions

Looking for a car loan can be a daunting task, but we're here to help. Below are some of the most frequently asked questions we receive from our customers. Our team of experts is always available to provide you with the information you need to make informed decisions about your financing options.

Of course! We have locations in many areas in New Zealand and Auckland has one of our main storage facilities with the latest imported arrivals. Some customers collect their car in person and others ask for delivery to their door or even workplace.

We are 99% online these day's with very few customers stepping foot inside our Finance engine room. If you have access to a mobile phone thats all you will need for literally everything for your Auckland Car Loan.

Yes, we like to think we are Auckland Car Finance experts and this certainly means we see plenty of very difficult cases. The finance companies we use are not just for perfect ratings and CarPow is a finance broker who also sells cars not a car dealer that does finance.

While we can give you estimates the repayment amounts will depend on many things including credit rating, price of vehicle and how long you repay your loan over.

Interest rates vary depending on several factors, such as credit score, loan term, and vehicle type. Our team will work with you to find the best interest rate available for your unique situation.

Yes, we offer trade-in options for customers looking to upgrade their vehicle. Our team will provide an appraisal of your current vehicle and work with you to apply the trade-in value towards your new purchase.