Time To Buy A New Car?
Vehicle Finance
Has your old car been falling apart and needs to be replaced? Are you planning to upgrade to a vehicle that’s large enough for your growing family? Have you been considering buying a new electric car to support NZ’s initiatives to combat climate change? EFCO can help. We offer comprehensive, ethical vehicle finance that makes buying that new car, bike, or boat simple and hassle-free.
With our vehicle finance, we will pay the funds directly to the dealer or seller and can arrange insurance on your behalf. That makes the process straightforward and convenient.
Take control and hit the road with EFCO. Please reach out to our team at 0800 102 159 if you have any questions.
Product Coverage
- Cars, utes, vans, caravans, trailers and motorbikes
- Aquatic vehicles like boats and jet skis
- Disability and other specialised vehicles
- For personal or business use
Product Features
- Accessible, ethical and affordable
- 100% financing available
- Funds paid directly to seller
Sharia Advisory Firm
We have received Sharia certification as a mark of compliance from Shariyah Review Bureau (SRB), a Bahrain-based Sharia advisory firm licensed by the Central Bank of Bahrain.
SRB is the corporate world’s leading Sharia advisor, with a scholarly presence in over 21 countries across the US, Europe, Africa, GCC and Asia. They offer professional Sharia advisory and audit services to financial institutions including banks, insurance operators, asset management firms and Fintechs.
They oversee and supervise our financial products in a Sharia compliant manner. With their guidance, we have become the first enterprise in New Zealand offering diverse Sharia compliant financial products guided by ethical principles.
LEARN MORESharia Board
Our Sharia Board members, Mufti Muhammad and Mufti Irshad, are highly experienced representatives from the Shariyah Review Bureau in charge of ensuring the Sharia compliance of our financial products.
They work closely with us to ensure that our asset financing, personal loan and debt-based offerings follow Sharia regulations.
Mufti Muhammad Board Member
Shaikh Muhammad has over a decade of experience as a Sharia consultant and academic in international Islamic finance.
Mufti Irshad Board Member
Shaikh Irshad is a member of the Sharia Board of the Standard Chartered Bank of Pakistan and has advised banks and financial institutions worldwide.
Charities We Support
We don’t rely on penalty charges for revenue. We apply late payment charges intended as deterrents in the event that a client defaults on a payment. We do not consider these payments as company income and donate them to our chosen charities, Variety New Zealand and the Umar bin Khattab Learning Academy (UKLA).
Variety New Zealand is dedicated to supporting initiatives to eradicate poverty and transform the lives of disadvantaged Kiwi children. They provide kids access to a happier, healthier childhood and build the foundation for a better future.
The UKLA is dedicated to enabling children’s access to learning. They provide children an environment in which they can develop intellectual potential, grow, and excel.
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