Responsible Lending Code


Motorworld provides finance through European Finance, Marac, UDC and BNZ.
Their websites provide full disclosure around the rates & fees and also includes sample documents. 

Fixed Annual Interest Rates

Fixed Interest rates range from 8.95% p.a. to 13.95% p.a. The rate charged will depend on your financial circumstances taking into account:

  • How much you want to borrow
  • The term of your loan
  • Your income
  • Your other financial commitments
  • Your credit history

To understand the rate that will apply to you please call Chris Mitchell 03-5785327 or 021-480113

Costs of Lending (Standard Fees and Charges)

European Finance: About European FinanceInterest Rates & Fees 
Marac: About Marc Car Loans | Interest Rates & Fees | Common Questions
UDC: Fee Schedule

Standard Contract / Terms and Conditions

The link(s) below outlines a standard form contract and the related terms and conditions:

UDC: Credit Sales Agreement (Example) | Term Loan (Example) | Security Agreement (Example)
Terms and Conditions (Example)
BNZ: Terms and Conditions (Consumer) | Terms and Conditions (Business)


This link details frequently asked questions:

UDC: Frequently Asked Questions


This link outlines how a borrower makes a complaint:

UDC:  Making a Complaint


This link outlines how a borrower can apply for unforeseen hardship relief:

UDC:  Unforseen Hardship