Repossession Guarantee

We put our money where our mouth is with our $100,000 Repossession Guarantee.

Should your vehicle be repossessed because it had a registered security (money owing) or is seized because it was flagged as reported stolen, and that information was available to us at the time but was not displayed on the VIR^®, we will compensate you up to $100,000, providing you meet the Terms and Conditions.

Did you know that over 600,000 cars in New Zealand have money owing? If you buy a car with money owing you run the risk of it being repossessed and losing the money you have invested.

• What should I do if there is money owing?

Over 21,000 cars are stolen each year in New Zealand. If the vehicle you buy is a stolen vehicle it's likely to be seized by the police and it's unlikely that you will recover the money you have invested.