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Trusted NZ Organisations Join To Offer Car Finance
Trusted NZ Organisations Join To Offer Vehicle Finance
22 May 2009
MARAC Finance Limited and the New Zealand Automobile Association Incorporated (AA) have announced a partnership to provide vehicle finance to New Zealanders.
The AA will continue to offer car, motorcycle and boat loans to New Zealanders as before, but these will now be backed by MARAC, a New Zealand owned and operated finance provider with local market expertise and experience nationwide.
“New Zealanders place significant amounts of trust in the AA so we needed an experienced finance partner with a sound reputation,” says AA General Manager Financial Services, David McLister.
“We were confident in choosing MARAC with its significant trading history, Standard & Poor’s investment grade credit rating and knowledge of the New Zealand finance and motor market. MARAC is able to offer our customers a broad range of finance products and solutions tailored to their individual situation, all delivered with genuine personal service.”
Customers will continue to receive pre-approved finance to allow them to act as a cash buyer, a competitive lending rate and an easy online application process. Under the new arrangement with MARAC, customers will now also have access to optional loan cover so that loan payments are paid in the event of redundancy, sickness, disability or death, and access to MARAC’s other leading finance products.
“The AA is an iconic New Zealand organisation with an unrivalled reputation for delivering a range of services that support not only essential transport but also a Kiwi passion – motoring,” says MARAC General Manager – Consumer, Chris Flood.
“At MARAC we also have a strong commitment to the motoring sector and, as a locally owned and operated company, a passion for supporting New Zealanders. Given our shared values, we are proud to partner with the AA and are excited about sharing our expertise to better meet the needs of AA’s motoring customers across New Zealand.”
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