Rating based on 46 reviews

First Credit Union

  • Car finance up to $10,000
  • Low-interest starting from 9.95%
  • Repayment up to 5 years

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First Credit Union homepage
Author First Credit Union. Screenshot of First Credit Union website.
[Accessed March 6, 2023]

About First Credit Union

Achieve your goals by getting the best deal on a car loan with First Credit union.

They believe in helping people and in giving back to the community more than anything else and they do this by providing their clients with low fee accounts, great rates, and no fee personal loans.

Enjoy products that are designed to make your finances easier to manage. With First Credit Union you can access a variety of products such as car loans, online personal loans, savings accounts, term investments, insurances, and everyday banking accounts, etc. For over 65 years they have been offering world-class service and innovative products helping kiwis to achieve their goals.

Easy repayments and no application fees

Planning on buying a car? Get more for less with First Credit Union. Access competitive interest rates, easy repayment options, and no application fees - this could save you hundreds.

You can either apply for a loan online for a quick answer or you can visit a branch. They have multiple branches all over New Zealand and you can visit one of them whether you are in Hamilton, Te Aroha, Tauranga, Taupo, Whakatane, Kawerau, Ngaruawahia, or Rotorua. You will be dealing with people that have a diverse range of backgrounds and skills to assist you with your financial needs.

First Credit Union Services

Do you want to upgrade your car to a family vehicle or are you planning on buying your very first car? Get a pre-approved vehicle loan with First Credit Union and you will be behind the wheel of your new car before you know it.

You can get a secured car loan starting with an annual interest rate of only 9.95% over a term of up to 5 years. The great part is that you can make extra payments to pay off your loan early at no additional costs. They also have no application fees which is a great benefit when buying a car.

Home loan – for the perfect family home

Have you found the home of your dreams? Let First Credit Union assist you with a great home loan deal. You can also get a pre-approval before you start searching for a home so that you will know exactly how much you can afford and exactly what to look for. They can help you whether you're purchasing a home for the first time, renewing your home loan, renovating your current home, or buying a new one.

Pay off debt faster

You can combine your debt into one easy and manageable loan. This will help you to save a lot of interest and gain control over your finances again.

First Credit Union – Car loan

  • Loan Type Car finance
  • Interest Rate from 9.95%
  • Loan Amount up to $10,000
  • Repayment 1 year to 5 years

Benefits of First Credit Union

  • Tailored vehicle finance
  • A simple online loan application
  • Low rate loans
  • Compare loan options

Car loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This car loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Credit Union offers customers a range of car loan options in Wellington New Zealand

To apply for a car loan with First Credit Union, you need to be at least 18 years old and be a New Zealand resident.

Apply Online – a quick process in 3 simple steps 

Step 1: Complete their application in less than 15 minutes and receive an answer almost immediately.

Step 2: Once you are approved, they will call you to discuss the easiest way for you to sign the documents.

Step 3: Once you have accepted the loan agreement, they will transfer the money into your account so that you can and you can go to a dealer with cash in hand.

What you’ll need when you apply   

  • Income details such as a recent payslip.
  • Bank statements for 3 months
  • Details of what you can use for security like a vehicle, savings, property, a guarantor.
  • Details of your outgoing expenses like your debit orders or loans that you are paying
  • A photo ID at the time you sign your loan documents.

Benefits of applying with First Credit Union

  • Low-cost loans.
  • Flexible repayments.
  • Dealing with a company that will put you first.
  • Quickly getting exactly what you need.
  • Knowing exactly what you can afford when you go to the car dealer.
  • Online loan nz application or the option of applying at multiple branches and having face-to-face assistance.

Customer Reviews & Testimonials

Even for private vehicle purchases, this loan is amazing! I was approved the same day still, and two days later my money was paid in.

Ivy K.
— Lower Hutt —

I bought a car from an accredited dealer thanks to the speedy loan I was approved for. I had the cash in hand three days later and I could drive off in my dream ride.

Lexie T.
— Hamilton —

First Credit Union Contact

Physical Address

Postal Address

  • PO Box 83009, Johnsonville, Wellington, 6440, New Zealand

Opening Hours

  • Monday 09:00 – 16:30
  • Tuesday 09:00 – 16:30
  • Wednesday 09:00 – 16:30
  • Thursday 09:00 – 16:30
  • Friday 09:00 – 16:30
  • Saturday – Closed
  • Sunday – Closed