Chasmont Finance can offer a range of finance options on most types of vehicles.

When you choose Chasmont's finance options you are free to purchase a motor vehicle of your choice from where ever you please. Whether you choose to purchase from a Motor Vehicle Dealer, Trade Me or privately, Chasmont Finance can assist with the whole process.

As part of our service Chasmont will complete a Security and History Check on the vehicle to ensure that you will have legal title over the vehicle.

Rates and Terms

Our rates for vehicle finance start from just 11.99%* and have a maximum amount of $20,000 (larger finance and longer terms available call us on 0800 242 766 to discuss). We have flexible terms available offering you up to 4 years to pay.

  • $8,000.00 vehicle loan from just $63.79 weekly over 3 years (up to 4 years*)
  • $15,000.00 vehicle loan from just $117.20 weekly over 3 years (up to 4 years*)

Why not try our Advanced Finance Calculator to work out what it could cost you?

Early Repayment

We never charge early repayment penalties as we think it is unfair to penalise good payers! Whether you choose to pay extra each payment or pay a lump sum you will save on interest and costs.

Payment Protection Insurance

Chasmont Finance has negotiated its own unique Payment Protection Insurance (PPI).

Our Cover:

  • Full Cover for people in full time employment (over 20 hrs per week)
    • 12 Months Redundancy Cover up to $10,000
    • Injury and Illness cover after 1 week off work backdated to day one
    • Life and Terminal Illness
  • Life Cover
    • Pre-existing Conditions:

      • Cover from day one if you have not sought treatment or medical advice in the 6 months prior to the loan date

      For the full terms and conditions and cover details please contact us.

Reasons for choosing us to finance your Motor Vehicle:

Finance your vehicle from almost any source.

Highly competitive rates.

Flexible repayment options.

We are Dunedins local finance company.

Chasmont Finance can also provide you a quote for Comprehensive Motor Vehicle Insurance and Mechanical Breakdown Cover.

* Conditions, Lending Limits and Approval Apply, Payment Protection Insurance may be required for approval for lowest rates. Limits may apply in certain geographic regions, call us to find out more. Term may be limited or extended based on loan type, purpose and Value.

Terms, Rates & Costs

Interest Rates
Low Risk: 11.95-13.95%
Med Risk: 13.95-17.95%
High Risk: 17.95-21.95%

Extablishment/Booking Fee
Loans up to $1000.00: $200.00
Loans over $1000.00: $240.00
Dealer/Broker Fee: $120.00
Security Search and Registration Fee: $15.00

Monthly Account Software and Statement Charge
Email Statements: $2.50
Posted Statements: $3.50
Withdrawal Fees $150.00

Default Interest Rate

Default interest is charged at 10% over the standard rate

Letter and General Account Fees – All Accounts

Reminder Letter $5.00
Payment Amendment $10.00
Payment Default Letter $15.00
Account in Default Letter $15.00
Security Amendment Documentation Fee $30.00
Repossession Warning Notice $30.00
Repossession Warrant $90.00