MoneyHub NZ
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  • Investing
    • Investing Platforms
      • Reviews
        • Sharesies Review
        • Hatch Review
        • Stake Review
          • Stake Black Review
        • Tiger Brokers (NZ) Review
        • Superhero Review
        • BlackBull Markets Share Trading Platform Review
        • ASB Securities Review
        • Invest Direct Review
        • InvestNow Review
        • Kernel Review
        • Interactive Brokers
        • Smart Review
        • Catalist Review
      • Comparisons
        • Sharesies vs Hatch vs Stake
        • Kernel vs Smart
        • Hatch vs Stake
        • Hatch vs Tiger Brokers
        • Sharesies vs Tiger Brokers
        • Stake vs Tiger Brokers
        • Comparing Sharesies vs Investnow vs Hatch vs Invest Direct and more
        • Best Investment Apps
        • How Do I Start Investing?
        • Virtual Stocks and Shares Trading Games
      • Guides
        • How to Invest in Shares
        • Investing in Vanguard Funds from New Zealand
        • Investing in the US Stock Market from New Zealand
          • How To Buy Tesla Shares
          • How To Buy Apple Shares
          • How To Buy Amazon Shares
          • How To Buy Alphabet Shares
          • How To Buy Netflix Shares
          • How To Buy Microsoft Shares
          • How To Buy Meta Shares
        • US Extended Hours Trading Explained
        • What Happens If Your Investing Platform Shuts Down?
        • Fractional Shares
        • Transferring Share Portfolios
        • How to Read and Understand a Share Chart
        • NZX in a Nutshell
        • Investing in the ASX from New Zealand
        • Investing in Asian Markets from New Zealand
        • Understand Gross vs Net
        • How to Attend the 2026 Berkshire Hathaway Annual Shareholders Meeting
    • Introduction to Investing
      • Guides
        • Index Funds
        • ETFs (Exchange Traded Funds)
        • Cash Funds
        • Index Funds vs ETFs
        • 10 Ways to Invest in New Zealand
        • Compound Interest Explained
        • How to Invest Regularly
        • Passive Investing vs Active Investing
        • Investments You Can Own Forever
        • Investing Mistakes
        • Investing in the S&P 500 from New Zealand
        • Best Retirement Income Products in New Zealand
        • Shares vs ETFs
        • Dollar Cost Averaging Guide
        • Margin Lending and Loans Explained
        • Borrowing to Invest in Property, Shares or Funds
        • Passive Income Strategies
        • How Wealthy New Zealanders Invest Their Money
        • The Best Way to Invest Inheritance or a Windfall
        • Barefoot Investor-Friendly Financial Products in New Zealand
        • Investment Terms Glossary
        • IPOs
        • Investing in Dividend Shares
        • Common Shareholder Numbers in New Zealand
        • Shorting a Stock
        • Investing vs Trading vs Gambling
        • Investment Strategies for the Time-Poor
        • Advanced Trading Concepts
        • New and Emerging Investment Opportunities and Trends
      • Young People and Investing
        • Investing for Kids
        • Investing For Grandchildren
        • 10 Top Investments for Young New Zealanders
        • Sharesies Kids Accounts Review
        • SquareOne Review
        • Dosh Review
      • Investing Calculators
        • Term Deposit Calculator
        • Compound Interest Calculator
        • Investment Calculator
        • Savings Calculator
        • Net Worth Calculator
        • Million Dollar Calculator
    • Managed Funds, Tax & DIY Investing
      • Guides
        • Investing Guide
        • Managed Funds
          • Pie Funds Management Review
          • Booster Private Land and Property Fund Review
          • AMP Managed Funds Review
        • Our Favourite Managed Funds
        • Advisers
          • Financial Advisers Overview
          • DIY Investing vs Investment Brokerage Firms vs Financial Advisors
          • Financial Advisers Auckland
          • Financial Advisers Wellington
          • Financial Advisers Christchurch
        • Bank Credit Ratings
        • Tax on Investments and Savings
        • Capital Gains Tax
        • Bright-Line Test
        • Ethical Investing
        • Best ESG Funds
        • Asset Allocations to Build Wealth
        • Managing Offshore Investments for Returning New Zealanders and Migrants
        • How to Buy and Sell Bonds
        • Buying NZ Corporate Bonds
        • Trading in a Nutshell
        • Peer to Peer Lending
        • Crowdfunding Guide
        • REITs Guide
        • Jasper Review
        • Investing & Personal Finance Podcasts
        • Emergency Funds
        • UK Pension Transfer to New Zealand
        • Returning to the UK from NZ
        • Spending Your Savings in Retirement
        • How to Take Income from Investments
        • What Am I Entitled to If My UK Pension Scheme or Provider Makes a Mistake?
        • Investment Scams
        • Investing in Recession-Proof Sectors and Asset Classes During a Downturn
        • Hedging Investments
        • Top Personal Finance Books for New Zealanders
        • Top Ten Personal Finance Resources
      • Reviews
        • Simplicity Investment Funds Review
        • Lending Crowd Review
        • Squirrel Review
        • Sharesight Review
        • Lifetime Retirement Income
        • New Zealand Financial Markets Authority (FMA)
      • Calculators
        • Managed Funds Fee Calculator
        • Basis Points Calculator
        • Inflation Calculator
        • Retirement Calculator New Zealand
    • Alternative Investments and Trading
      • Reviews
        • BlackBull Markets Review
        • CMC Markets Review
        • Plus500 Review
        • IG Review
        • TMGM Review
        • CMC Markets vs Plus500 vs IG Markets vs BlackBull Markets
      • Guides
        • How to Invest in Gold
        • How to Invest in Silver
        • Forex Trading Guide
          • Forex Trading Platforms Comparison
          • Forex Trading Tools
          • Forex Trading Courses and Education
          • Forex Regulation
        • Options Trading
        • Contracts for Difference (CFDs) Guide
        • Futures Trading
        • Commodities Trading
        • Copy Trading
      • Cryptocurrency
        • Reviews
          • Easy Crypto Review
          • Swyftx Review
          • Binance Review
          • Easy Crypto vs Swyftx
          • NZDD Review
          • Independent Reserve Review
          • eToro Review
          • Coinbase Review
          • Kiwi-Coin Bitcoin Exchange Review
          • Vault International Bitcoin Fund Review
        • Guides
          • How to Buy Bitcoin in New Zealand
          • Beginner's Guide to Bitcoin and Blockchain
          • Stablecoins
          • Guide to NFTs
          • Bitcoin Wallet Guide
          • Bitcoin Mining
          • How to Sell Bitcoin
          • Bitcoin and Crypto Scams
          • Initial Coin Offerings
          • A Beginner’s Guide to Investing in Cryptocurrencies
          • Decentralised Finance
          • Bitcoin in New Zealand
          • New Zealand Bitcoin Exchanges
          • How to Buy Ethereum in New Zealand
          • Other Coins
            • How to Buy Ripple in New Zealand
            • How to Buy Cardano in New Zealand
            • How to Buy Dogecoin in New Zealand
            • How to Buy Litecoin in New Zealand
            • How to Buy Polkadot in New Zealand
  • Loans & Finance
    • Car Finance
      • Car Finance Calculator
      • Electric Vehicle Loans
      • How to Refinance Your Car Loan
      • Car Loan Refinance Calculator
      • Car Dealership Finance vs Alternatives
      • Motorcycle and Moped Loans
      • Motorcycle and Moped Loan Calculator
      • Asset Finance
      • Asset Finance Repayment Calculator
      • Business Vehicle Loans
      • Bad Credit Car Loans
      • Car Loan Brokers vs Direct Car Finance
      • Car Loan Amortisation Calculator
      • Car Finance Company Reviews
        • Simplify Loans Review
        • Toyota Finance Review
        • Mazda Finance Review
        • MTF Finance Review
        • AA Money Review
        • Better Finance Review
        • Kiwi Car Loans Review
        • Lending People Review
        • Driva Car Loans Review
      • Car Finance Must-Knows Guides
        • Buying a Car Loan vs Personal Loan?
        • Car Loans and Collateral
        • Car Loan Guarantors
        • How to Save for a Car
        • Paying Cash for a Car vs Car Finance
        • Balloon Payments
        • Boat Financing Calculator
      • Car Finance Add-On Insurance Guides
        • GAP (Guaranteed Asset Protection Insurance) Insurance
        • Compare Mechanical Breakdown Insurance
        • PPI (Payment Protection Insurance)
    • Personal Loans
      • Debt Consolidation Loans
      • Secured Loans
      • Green Loans
      • Home Renovation Loans
      • Online Loans
      • Bad Credit Loans
      • Beneficiary Loans
      • Payday Loans
      • Cash Advance
      • Same Day Loans
      • Low Income Loans
      • Personal Loan Calculator
      • Debt Consolidation Calculator
      • The Dangers of Debt Consolidation
      • Refinance Personal Loan Calculator
      • Home Renovation Loan Calculator
      • Interest Calculator
      • Harmoney Loans Review
      • Nectar Review
      • Avanti Finance Review
      • Save My Bacon Review
    • Credit Scores & Interest Rates
      • Credit Scores and Credit Checks
      • How to Build Credit in New Zealand
      • How to Pay Down Debt Faster
      • Baycorp and Debt Collection
      • Interest Rates Guide
      • Interest Rate Comparison
      • Buy Now Pay Later Apps
        • Afterpay Review
        • Laybuy Review
        • Humm Review
        • Zip Review
  • Insurance
    • Compare Insurance
      • Compare Car Insurance
      • Car Insurance by Vehicle
        • Compare Toyota Aqua Insurance Costs
        • Compare Toyota Corolla Insurance Costs
        • Compare Toyota Hilux Insurance Costs
        • Compare Mazda2 and Demio Insurance Costs
        • Compare Ford Ranger Insurance Costs
        • Compare Nissan Navara Insurance Costs
        • Compare Subaru Legacy Insurance Costs
      • Reviews & Policy Comparisons
        • AMI vs AMP vs AA Insurance vs Cove vs State vs Tower vs Trade Me Insurance
        • Cove Car Insurance Review
        • Tower Car Insurance Review
        • Young Driver Car Insurance
        • Trade Me Car Insurance Review
        • Caravan Insurance
      • Car Insurance Guides
        • Third Party Car Insurance
        • How to Get Cheaper Car Insurance
        • Car Insurance Calculator
        • No Claims Bonuses Explained
        • Car Insurance Excess Explained
        • Cheapest Cars to Insure
        • Modifications that Make a Car Uninsurable
        • Car Insurers Directory
        • Car Insurance Glossary
        • Most Stolen Cars
    • Home, Contents and Other Insurance
      • House Insurance
      • House Insurance Calculator
      • Difficult to Insure Areas
      • Sum Insured Explained
      • Is Your Home an Insurance Risk?
      • Average Cost of Car, House, and Contents Insurance
      • Insuring Old Houses
      • Contents Insurance
      • Home and Contents Insurance
      • Renters' Insurance
      • Landlord Insurance
      • Dental Insurance and Dentist Plans
      • Phone Insurance
      • Insurance Excess
      • Insurance Company Financial Strength Ratings
      • Motorbike Insurance
      • Initio Review
      • Insurance Brokers
        • Trusted Insurance Brokers in Wellington
        • Trusted Insurance Brokers in Christchurch
    • Compare Pet Insurance
      • Is Pet Insurance Worth Buying?
      • Cat and Dog Desexing
      • Getting a Kitten
      • Buying a Puppy
      • Pet Euthanasia
      • Vet Costs in New Zealand
      • Dog Vaccination Schedule and Costs
      • Costs of Owning a Cat
      • Costs of Owning a Dog
    • Students Insurance
    • Life & Health Insurance
      • Life Insurance
        • Life Insurance Policy Comparison - Cigna vs AIA vs Asteron Life vs Fidelity vs Westpac vs Partners Life
        • Stepped vs Level Life Insurance
        • Life Insurance Calculator
        • Pre-Existing Medical Conditions
        • Buying Life Insurance Direct vs Using an Insurance Broker
        • Life Insurance Policies - Features and Questions to Ask
        • When To Cancel Or Change a Life Insurance Policy
        • Life Insurance For Smokers and Vapers
      • Health Insurance
        • Going to Australia for Medical Treatment
        • BMI Calculator New Zealand
      • Income Protection Insurance
        • ACC vs Income Protection Insurance
        • Income Protection Insurance for Self Employed
      • Mortgage Insurance
      • Trauma Insurance
      • Redundancy Insurance
      • Funeral Insurance
        • What to Do When a Spouse or Partner Dies
        • Funeral Costs
  • Credit Cards
    • Best Credit Cards
    • Rewards and Cashback Credit Cards
    • Credit Cards That Earn Business Class Flights
    • The Best American Express Credit Cards
    • Air New Zealand Airpoints Credit Cards
      • ANZ vs AMEX vs Kiwibank vs Westpac Platinum Airpoints Credit Cards
      • ANZ Airpoints Visa Platinum vs AMEX Airpoints Platinum
      • Kiwibank Airpoints Platinum Visa vs AMEX Airpoints Platinum
      • Westpac Airpoints Platinum Mastercard vs AMEX Airpoints Platinum
    • Balance Transfer Credit Cards
    • Platinum and Gold Credit Cards
    • Frequent Flyer Credit Cards
    • Travel Credit Cards
    • Interest Free Credit Cards
    • Virtual Debit and Credit Cards
    • Credit Cards That Provide Travel Insurance
    • Reviews
      • American Express Credit Cards Review
        • American Express Airpoints Platinum Review
        • American Express Gold Rewards Card Review
        • American Express Gold Business Card Review
        • AMEX Comparison - Airpoints Platinum vs Gold Rewards
        • Where is AMEX Accepted?
        • American Express Free Card vs Airpoints Platinum
        • American Express Platinum Card Review
        • American Express Membership Rewards Program Review
        • AMEX Cardholder Feedback
        • Valuing AMEX Membership Rewards Points
        • AMEX Dining Collection Program Review
        • The Best Ways to Spend AMEX Membership Rewards Points
        • Qantas Credit Cards
        • Qatar Airways Credit Cards
        • Singapore Airlines KrisFlyer Credit Cards
        • Cathay Pacific Asia Miles Credit Cards
        • Emirates Skywards Credit Cards
        • RewardPay Review
      • Flight Centre Mastercard Review
    • Guides
      • Pay Off Credit Card Debt
      • Credit Card Basics
      • Mastercard vs Visa
      • Credit Card Minimum Payments Explained
      • Credit Card Interest Calculator
      • Credit Card Debt Amortisation Calculator
      • How to Request a Credit Card Chargeback
    • Other Credit Cards
      • Best Foreign Currency Debit & Credit Cards
      • Free Credit Cards
      • Low Interest Credit Cards
      • Credit Cards for Bad Credit
      • Q Card & Q Mastercard Review
      • GEM Visa Review
      • Onecard Visa Review
      • Purple Visa Review
  • Travel Money Cards
    • Travel Money Card Reviews and Comparisons
      • Wise Debit Card Review
      • Revolut Review
      • Revolut vs Wise - Which Is Better?
      • Travelex Money Card vs Wise Debit Card Comparison
      • OneSmart Card vs Wise Debit Card Comparison
      • Cash Passport vs Wise Debit Card Comparison
    • Travel Money By Country
      • Top Travel Destinations Where the NZD is Strong Right Now
      • Australia Travel Money
      • Bali Travel Money
      • Canada Travel Money
      • Europe Travel Money
      • Fiji Travel Money
      • Japan Travel Money
      • Rarotonga Travel Money
      • Singapore Travel Money
      • Thailand Travel Money
      • USA Travel Money
      • UK Travel Money
      • United Arab Emirates Travel Money
  • Banking & Savings
    • Banking
      • Best Bank Accounts
      • Best Debit Cards
      • Best Joint Bank Accounts
      • Kids Bank Accounts
      • Cut Overdraft Costs
      • Private Banking
      • Open an Australian Bank Account from New Zealand
      • Open a UK Bank Account from New Zealand
    • Savings
      • Best Term Deposits
      • Best Notice Saver Accounts
      • Booster Savvy Review
      • Booster Savvy Analytics Review
      • Best PIE Term Deposits
      • Best Call Accounts
      • Best Savings Accounts
      • Term Deposit Alternatives
    • Guides and Resources
      • Banks vs Credit Unions
      • Open Banking Explained
      • NZ Bank Prefix Codes
    • Reviews
      • Wise Money Transfer Review
      • Heartland Bank Review
      • First Credit Union Review
      • NZCU Baywide Review
      • The Co-operative Bank NZ Review
      • Western Union Review
  • Mortgages
    • Mortgage Essentials
      • Best Home Loans
      • Mortgage Calculator
      • How Much Can I Borrow?
      • Debt to Income Ratios
      • Equity (and Leverage) Calculator
      • Mortgage Repayment Calculator
      • Mortgage Options
      • Mortgage Cashback
    • Other Mortgage Options
      • Interest-Only Mortgages Guide
      • Interest-Only Mortgage Calculator
      • Revolving Credit Mortgages
      • Offset Mortgages
      • Offset Mortgage Calculator
      • Fixed vs Floating Mortgage Rate Calculator
      • Understanding Interest Rate Swaps
      • What is the OCR?
    • Alternative Mortgage Options
      • Low-Deposit Home Loans
      • Rent to Own Homes
      • First Home Loan Guide
      • Reverse Mortgages
      • Lifetime Home Review
    • Mortgage Management
      • Saving for a House Deposit
      • Saving for a House Deposit as a Young Professional
      • Buying a Home with Family and Friends
      • Pay Off Your Mortgage Faster
      • Mortgage Overpayment Calculator
      • What To Do if You Bought a House at the Peak of the New Zealand Market
      • Tips for Seniors Renting or Paying Down a Mortgage
      • Remortgaging Guide
      • Mortgage Relief and Holidays
      • Amortisation Calculator
      • Mortgage Break Fees
      • Defaulting on a Mortgage
      • High Deposit Mortgages
      • Negative Equity
      • How to Manage Higher Mortgage Payments
      • Mortgage Refinance Calculator
    • Mortgage Brokers
      • Mortgage Brokers Explained
      • Trusted Auckland Mortgage Brokers
      • Trusted Hamilton Mortgage Brokers
      • Trusted Mortgage Brokers in Tauranga
      • Trusted Mortgage Brokers in Napier and Hastings
      • Trusted Mortgage Brokers in Wellington
      • Trusted Mortgage Brokers on the Kapiti Coast
      • Trusted Mortgage Brokers in Christchurch
      • LifeDirect Mortgages Review
    • Buying a Home
      • First Home Buyers Checklist
      • Home Buying Glossary
      • Best House Price & Valuation Websites in New Zealand
      • New Zealand Property Types
      • Rateable Value vs Market Value
      • Leasehold Property Guide
      • Conveyancing vs Lawyers
      • Buying an Apartment in New Zealand
      • Buying vs Renting a House
    • Selling a Home
      • How to Sell Your House Privately
      • Real Estate Agent Fees
      • Bridging Finance
    • Property Investment
      • Investment Property Mortgages
      • Renting Directly to Tenants vs Using an Agent
      • Interest Deductibility Changes
    • Building a House
      • Average Building Cost Per Square Metre
      • Cost to Build a New House
      • Buying Land to Build a House
      • Construction Loans
      • Tiny Homes in New Zealand
  • KiwiSaver
    • KiwiSaver Basics
      • Free $500+ Government Money for KiwiSaver
      • Our Favourite KiwiSaver Funds
      • Is KiwiSaver Safe?
      • Choosing a KiwiSaver Fund
      • How Aggressive Should KiwiSaver Be
      • Choosing Your KiwiSaver Scheme
      • Balanced vs Moderate vs Growth KiwiSaver Funds - What is right for me?
      • KiwiSaver Must-Know Facts
      • Opting out of KiwiSaver
      • What Do I Do With My KiwiSaver When I Retire?
      • KiwiSaver Withdrawal
      • Merging KiwiSaver and Australian Super Balances
      • Switching KiwiSaver Funds
      • KiwiSaver Robo and Digital Advice Tools
      • Ethical Kiwisaver Funds
      • KiwiSaver Private Equity Investments
    • KiwiSaver Contributions & Tax
      • Your KiwiSaver Contributions
      • KiwiSaver Contributions - Gross or Net?
      • Employer KiwiSaver Contributions
      • Government KiwiSaver Contributions
      • KiwiSaver Savings Suspensions
      • Voluntary Contributions
      • What's My PIR?
      • KiwiSaver and Tax
    • KiwiSaver for Life Events and Specific Situations
      • Average KiwiSaver Balance by Age
      • KiwiSaver First-Home Withdrawal
      • KiwiSaver First Home Grant Guide
      • KiwiSaver Hardship Applications
      • KiwiSaver in a Divorce or Separation
      • KiwiSaver for Kids
    • KiwiSaver Schemes
      • Amanah KiwiSaver Scheme
      • AMP KiwiSaver Scheme
      • ANZ KiwiSaver Scheme
      • ASB KiwiSaver Scheme
      • AON KiwiSaver Scheme
      • BNZ KiwiSaver Scheme
      • Booster KiwiSaver Scheme
      • Fisher Funds KiwiSaver Scheme
      • Generate KiwiSaver Scheme
      • InvestNow KiwiSaver Scheme
      • Pie KiwiSaver Scheme Review
      • Kernel KiwiSaver Review
      • Kernel KiwiSaver Plan vs Superlife KiwiSaver Scheme
      • Kiwi Wealth KiwiSaver Scheme
      • kōura Wealth KiwiSaver Review
      • SBS Wealth KiwiSaver Scheme Review
      • MAS KiwiSaver Scheme
        • MAS Review
      • Mercer KiwiSaver Scheme
      • Milford KiwiSaver Plan
      • New Zealand Defence Force KiwiSaver Scheme
      • GoalsGetter KiwiSaver Scheme
      • Pathfinder KiwiSaver Review
      • QuayStreet KiwiSaver Scheme
      • Simplicity KiwiSaver Review
      • Summer KiwiSaver Scheme
      • SuperLife Review
      • Westpac KiwiSaver Scheme
    • KiwiSaver Calculators
      • KiwiSaver Calculator
      • KiwiSaver Returns Calculator
  • Business
    • Compare Business Loans
      • Business Line of Credit
      • Business Borrowing Options
      • Small Business Loans
      • Operating Leases
      • Finance Leases
      • Operating Leases vs Financing Leases
      • Car Loan Repayment Calculator
      • Prospa Business Loans Review
      • Bizcap Business Loans Review
      • Taxi (Business Funding) Review
    • Business Insurance
      • Public Liability Insurance
      • Professional Indemnity Insurance
      • Business Interruption Insurance
    • Wise Business Account Review
    • Business Credit Cards
    • Business Essentials
      • Money Saving Tips For Businesses
      • Get Debtors to Pay Overdue Invoices
      • Working Capital
      • Liquidations and Receiverships
      • Can't Make Payroll Guide
      • Buying out a Business Partner
      • Business Brokers
    • PAYE & Taxes
      • PAYE Calculator
      • PAYE Tax Rates 2025 & 2026
      • Minimum Wage
      • Tax Codes in New Zealand
    • Business Calculators & Resources
      • GST Calculator
      • GST Due Dates 2025
      • Business Loan Calculator
      • ROI Calculator
      • IRR Calculator
      • Internal Rate of Return
      • Percent Off Calculator
      • Profit Margin Calculator
      • Current Ratio Calculator
      • Quick Ratio Calculator
    • Online Services
      • Domain Names
      • Trusted Web Designers
        • Auckland Web Designers
        • Hamilton Web Designers
        • Wellington Web Designers
        • Christchurch Web Designers
        • Tauranga Web Designers
        • Lower Hutt Web Designers
        • Dunedin Web Designers
      • Digital Identity Programs and Online Verification Tools
      • Trusted Auckland SEO Companies
      • Social Media Influencer Marketing
      • PayPal NZ Account Fees
      • Paypal vs Stripe Review
      • Hnry Review
      • n3 Trade Card Review
      • Plain English Awards
      • Retail Security Options and Costs
    • For Startups
      • How to Start a Business in New Zealand
      • Raising Capital
      • Product Market Fit
      • Crowdfunding vs Bank Financing
      • Blackbird vs Movac
      • How to Become an Angel Investor
      • How to Raise Money from Angel Investors
      • Alternatives to VC Funding
      • Hiring for a Startup
      • VCFO (Virtual CFO)
      • New Zealand Startup and Founder Incubators
      • Expanding Offshore
      • New Zealand Invoice Template
      • Business Podcasts
  • MSD
    • Navigating Work and Income Benefits
    • Jobseeker Support Benefit Rates 2025 and 2026
    • Jobseeker Support Guide
    • Accommodation Supplement Guide
    • SuperGold Card Review
    • Disability Allowance
    • MyMSD
    • Community Services Card
    • Hardship Assistance - Urgent Costs and Living Expense Assistance
    • Loans for Unemployed
    • Working for Families Guide
    • Childcare Subsidies in New Zealand
    • Super Rates 2025 and 2026
    • NZ Superannuation in a Nutshell
    • Government Departments Helping New Zealanders Directly
    • Food Grants Guide
    • Food Banks Directory
      • Food Banks Auckland
      • Food Banks Northland
      • Food Banks Hamilton Waikato
      • Food Banks Wellington
      • Food Banks Christchurch
  • Motoring
    • Buying and Selling a Car
      • Car Valuations
      • Buying a Used Car
      • Selling a Car
      • Turners Cars Review
      • CarJam Review
      • CarJam vs MotorWeb Car Report Comparison
      • Top Cars that Hold Their Value
      • Vehicle Leasing
      • Car Registration in New Zealand
      • The Women's Guide to Buying a Car
    • Car Dealerships Explained
    • Everyday Driving
      • Costs of Owning a Car
      • 20 Ways to Make Driving Cheaper
      • Gaspy App Review
      • Parking Tickets
      • AA Membership Review
      • Best Car Batteries
      • Best Electric Cars
      • Buyer’s Guide for the 2023 Toyota Hilux
      • Buyer’s Guide for the 2023 Toyota RAV4
      • Buyer’s Guide for the 2023 Ford Ranger
    • Warrant of Fitness
      • Guide to Warrant of Fitness
      • Warrant of Fitness Auckland
      • Warrant of Fitness Hamilton
      • Warrant of Fitness Tauranga
      • Warrant of Fitness Lower Hutt
      • Warrant of Fitness Wellington
      • Warrant of Fitness Christchurch
      • Warrant of Fitness Dunedin
  • Law
    • Wills Guide
    • Separation Agreements
    • Prenuptial Agreements
    • Divorce Guide
    • Trusts Guide
    • Enduring Power of Attorney Guide
    • Living Wills Guide
    • Probate
    • Agreeable Review
    • Footprint Online Wills Review
    • Perpetual Guardian
  • Travel
    • Moving Overseas
      • Working Holiday Visas
      • Working Holiday Visas for 30+ Year-Old New Zealanders
      • Moving to Australia
      • Moving to London
    • Air New Zealand Specific
      • Air NZ Upgrade Guide
      • How to Redeem Air New Zealand Airpoints Dollars
      • Fastest Way To Earn Air NZ Status Points
      • Air New Zealand Koru Membership Review
      • Airpoints Flexipay Guide
      • Air New Zealand Travel Tips
      • Air New Zealand Refunds & Credits
    • Lounges, Upgrades, Car Hire & More
      • How to Get Access to Airport Lounges
      • Air New Zealand Skycouch Review
      • No Nonsense Upgrade Guide
      • Car Rental Hire
      • Auckland Airport Car Parking
    • Best of New Zealand
      • Auckland Travel for Less
      • 100+ Free Things to do in Auckland
      • Queenstown Like a Local
    • Hotels & Dining
      • Accor Plus Review
      • First Table Guide
      • Hotel Booking Sites Compared
    • Foreign Currency Exchange
      • Currency Converter
      • Australian Dollars Exchange Rate
      • American Dollars Exchange Rate
      • British Pound Exchange Rate
      • Canadian Dollars Exchange Rate
      • Euro Exchange Rate
      • Fijian Dollars Exchange Rate
      • Hong Kong Dollar Exchange Rate
      • Korean Won Exchange Rate
      • Indian Rupee Exchange Rate
      • Japanese Yen Exchange Rate
      • Malaysian Ringgit Exchange Rate
      • South African Rand Exchange Rate
      • Singapore Dollars Exchange Rate
      • Thai Baht Exchange Rate
      • Chinese Yuan Exchange Rate
  • Travel Insurance
    • Compare Travel Insurance
    • AMEX Airpoints Platinum Travel Insurance Review
    • Travel Insurance by Destination
      • Australia and the Pacifc
        • Australia Travel Insurance
        • Fiji Travel Insurance
        • Rarotonga Travel Insurance
      • Asia
        • Bali Travel Insurance
        • China Travel Insurance
        • India Travel Insurance
        • Japan Travel Insurance
        • Malaysia Travel Insurance
        • Singapore Travel Insurance
        • South Korea Travel Insurance
        • Thailand Travel Insurance
        • Vietnam Travel Insurance
      • Americas & Africa
        • Canada Travel Insurance
        • Peru Travel Insurance
        • South Africa Travel Insurance
        • USA Travel Insurance
      • Europe
        • France Travel Insurance
        • Greece Travel Insurance
        • Italy Travel Insurance
        • UK Travel Insurance
    • Specific Risk Cover
      • Do I Need Travel Insurance?
      • Pregnancy Travel Insurance
    • Travel Insurer Reviews
      • Southern Cross Travel Insurance Review
      • AMI Travel Insurance Review
      • State Travel Insurance Review
    • Essential Information
      • Basic vs Comprehensive Travel Insurance
      • Health Insurance vs Travel Insurance
      • ACC vs Travel Insurance
      • Australia NZ Reciprocal Health Care Agreement
      • Travel Insurance Excess Explained
      • Claiming on Travel Insurance
      • How to Renew a New Zealand Passport
      • What is TAANZ?
      • Travel Packing List
      • Travel Insurers Directory
      • Travel Insurance Glossary
  • Mobile & SIM
    • Compare Mobile Plans
    • SIM Only Mobile Plans
    • eSIM Plans
    • Apple Watch Buying Guide
    • Spark Mobile Review
    • 2degrees Mobile Review
    • One NZ Mobile Review
    • Kiwi Mobile Review
    • Mobile Data Roaming
    • Saily Review
    • Best iPhone Plans
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Best Electric Cars 2024: A Guide to Buying an Electric Car in New Zealand

Our guide explains everything you need to know to buy the right electric car at the best price.
Best Electric Cars NZ
Updated 8 August 2024
Our guide to Electric Cars
Our comprehensive guide is designed to explain what's important when considering buying an electric car, while aligning your choice to match your unique needs and lifestyle. We feature four of the best electric cars available right now in New Zealand, based on variable budgets and requirements.
 
Our Electric Car guide covers:
  • What makes an electric car different from its fossil-based counterparts?
  • Understand the types of electric vehicles
  1. Hybrid Electric Vehicles (also known as HEVs)
  2. Plug-In Hybrid Electric Vehicles (also known as PHEVs)
  3. Battery Electric Vehicles (also known as BEVs)
  • How much does an electric vehicle cost in New Zealand?
  • What type of electric car is the best for me, and Frequently Asked Questions?
  • Four of the Best Electric Vehicles Available in New Zealand Right Now​

Experienced electric car owner? Do you have experiences with electric cars that you would like to share? E-mail our research team.

Best Electric Cars NZ

What makes an electric car different from its fossil-based counterparts?

​An Electric Vehicle (EV) works with electric batteries and thus does not require an Internal Combustion Engine (ICE). This means tha for battery-powered electric vehicles, there's no oil, grease, petrol and carbon emissions. However, some historical information is important to build an understanding:
  • The term “Electric Vehicle” was intentionally misused by carmakers from the beginning in favour of simplifying the implementation and wide acceptance of this revolutionary technology.
  • While it is true that the first electric vehicles appeared in the 19th century, it was not until recently that growing concern for the environment prompted automakers to use an alternative energy source other than fossil fuels.
  • The problem with the adoption of electric vehicles has always been essentially the same. Fossil fuels are extremely cheap to produce.  Add the fact that no other energy source has a global distribution network like that of fossil fuels, and only then you realize the magnitude of the problem that EV technology has to face.
  • This explains why the first "electric vehicles" of our era were actually "hybrids" that mixed both technologies and (for marketing reasons) were presented to us as eco-friendly EV vehicles.

In summary, what we know today as electric vehicles actually group different technologies (or EV categories if you like), that seek reducing carbon emissions. We explain these in the next section.

Best Electric Cars NZ

Types of electric vehicles

In New Zealand, there are three types of electric vehicles, classified according to the way they use fossil fuels in their design

1. ​Hybrid Electric Vehicles (also known as HEVs) - an example being a Toyota Prius. 

These types of vehicles are not fully electric, but neither are they entirely based on fossil fuels. They are hybrids. HEVs’ powertrains are like a partnership between an internal combustion engine and a battery-powered electric motor. On hybrid vehicles, the petrol engine is still in charge of most of the workload, however, the assistance of electric motors under low load conditions greatly reduces fuel consumption. To give you a perspective, all things being equal (make, model, year, equipment and accessories), a hybrid engine can consume half the fuel than its conventional counterpart. 

Hybrid Electric Vehicles Highlights
  • They use both a fuel tank and a battery pack as they combine both power sources
  • The vehicle’s computer alternates between the ICE and the battery-powered motors depending on the driving conditions
  • Under high load conditions (acceleration, hill climbing, hauling, etc.) the internal combustion engine delivers the necessary power to the vehicle
  • Under low load conditions (traffic, idling, low-speed cruising, etc.) the battery-powered electric motors deliver the necessary power to the vehicle
  • The battery is charged using the internal combustion engine (through an integrated generator) or by "regenerative braking" that uses the electric motors of the wheels as generators to reduce vehicle speed and "recycle" thermal energy than otherwise would be wasted 

Hybrid Electric Vehicles - What We Like
  • It’s an established technology with nearly two decades of proven reliability and durability
  • They cut fuel consumption to half
  • HEVs let you use your car as you usually do, without changing your routine

Hybrid Electric Vehicles, What We Dislike
  • They still produce a noticeable carbon footprint
  • Higher upfront costs due to the additional technology included
  • Less power than a conventional fuel-powered equivalent due to its smaller engine
Best Electric Cars NZ
2. Plug-In Hybrid Electric Vehicles (also known as PHEVs) - an example being a Kia Niro.

You can think of PHEVs as being an evolution of conventional hybrid vehicles. While it is true that PHEVs still operate by means of a small internal combustion engine and a battery-powered electric motor, it is also true that they use them in a completely different way. Hybrid vehicles switch to electric motors in order to reduce fuel consumption during certain driving conditions. On the other hand, plug-in hybrids normally operate on electric mode and use the ICE to recharge the batteries or get a little boost if needed. In other words, HEVs operate primarily in gasoline mode, while PHEVs primarily use electric motors, and ICE's role is to recharge batteries and assist them only when absolutely necessary. One aspect introduced by PHEV technology is the fact that they can recharge their batteries by plugging into a standard household electrical outlet and/or a dedicated 220v or 240v recharging outlet.

Plug-In Hybrid Electric Vehicles Highlights
  • Similar to HEVs, they use both a fuel tank and a battery pack as they combine both power sources
  • The vehicle’s computer alternates between the internal combustion engine and the battery-powered motors depending on the driving conditions
  • If needed, under high load conditions (acceleration, hill climbing, hauling, etc.) the internal combustion engine may assist the electric motors 
  • Under normal driving conditions, the vehicle runs on electric mode 
  • The battery is charged by either using the internal combustion engine (through an integrated generator), by "regenerative braking" or by plugin the vehicle into a standard household outlet 

Plug-In Hybrid Electric Vehicles - What We Like
  • Similar to HEVs use a proven technology which provides reliable power to the car
  • Depending on the model, they could provide better fuel efficiency than HEVs
  • HEVs let you use your car as you usually do, without changing your routine

Plug-In Hybrid Electric Vehicles - What We Dislike
  • Currently, there is a debate regarding PHEVs’ emissions that might even put them out of the market in the near future
  • Plug-in batteries are more expensive than HEVs hence their upfront cost is higher 
  • During commuting and/or long trips, the gasoline engine can be left in charge since once the batteries are discharged, the vehicle loses its electric mode. This situation would produce even higher CO2 emissions and fuel consumption than conventional engines due to the added weight of the battery pack.​
Best Electric Cars NZ
3. Battery Electric Vehicles (also known as BEVs) - examples being the BMW i3, Telsa 3 and Nissan Leaf.

Last but not least, you have all-electric cars (aka Pure-EVs or simply EVs), the only category that exclusively relies on electric motors to run the vehicle. Since BEVs does not require an internal combustion engine, they are often called “zero-emission vehicles”. Current BEVs use state-of-the-art battery packs to deliver the necessary power to the electric motors located at the wheels. Thanks to its groundbreaking technology and incredible efficiency, newer BEVs’ performance is finally on par with conventional ICEs. 

In order to recharge the batteries, BEVs use either regenerative braking or electricity from an external source. Depending on BEV’s battery technology, and their allowed charging speed, EV chargers are classified as:
  • Level 1. Similar to PHEVs, level 1 chargers use a standard 230/240v household outlet to charge the electric vehicle. Most carmakers provide a basic charging unit with the vehicle that is able to charge the equivalent of approximately 8 km of range per hour.
  • Level 2. These are specialized charging stations usually found at workplaces and public charging stations. Their charge rate varies between 19 and 95 km of range per hour depending on the charging station, the battery pack size and battery technology.
  • Level 3. These units commonly called “DC fast-charging stations” use Direct Current (DC) instead of Alternating Current (AC) as the other chargers. The charge rate of level 3 chargers allow them to recharge a battery to the equivalent of 145 km of range in just 30 minutes. 

Battery Electric Vehicles Highlights
  • Goodbye fuel tank. BEVs work 100% on batteries
  • They are better for the environment than any other type of electric car
  • Lastest BEVs deliver higher power output than their ICE counterpart, proof of it are all-electric hypercars like the 1,500 kW ASPARK OWL or the 1,342 kW DENDROBIUM D1
  • Fully-electric cars have zero emissions 
  • The battery pack is charged either using “regenerative braking” or by charging the vehicle using a Level 1, 2, or 3 station.

Battery Electric Vehicles - What We Like
  • They use cutting-edge technology to offer a zero-emissions, 100% electric vehicle
  • Cheaper to maintain than HEV or PHEV vehicles
  • Did we mention that battery electric vehicles are better for the environment?

Battery Electric Vehicles - What We Dislike
  • Electric fuelling stations are still in its infancy. While you'll see them in Auckland, Wellington and other cities, it can be a struggle to get access. This can limit using the car for a long trip
  • Since fully-electric technology is still under active development, BEVs require highly-trained technicians to service them
  • While it is true that carmaker Tesla is about to introduce “a million-mile battery”, truth is current EVs batteries are highly toxic and its safe disposal is still a great challenge

Best Electric Cars NZ

How much does an electric vehicle cost in New Zealand?

​Even when EVs only represent a small amount of New New Zealand's vehicle fleet, you have plenty of options to choose from. 

Expected costs:
  • Depending on the year, make, and model, a used EV could cost you as low as $8,000. For instance, a used 2012 Nissan Leaf in good condition might cost you $8,000-$10,500
  • Regarding Hybrid Electric Vehicles, depending on trim level and other options, a 2020 Toyota Camry Hybrid could cost you between $40,000-$45,000+
  • Interested in buying a Plug-In Hybrid Electric Vehicle? Depending on options selected, a BMW i3 can cost you over $80,000 while a Kia Niro may cost you $70,000-$75,000
  • If what you look for is a pure-EV vehicle, a Tesla Model 3 could cost you approximately $80,000 while a 2024 Nissan Leaf could cost you around $60,000 if you select a few add-ons

Understand upfront vs ongoing costs
  • Although many people focus on EVs upfront cost, another key factor to consider is running costs of owning an electric vehicle.
  • According to the New Zealand Energy Efficiency & Conservation Authority (EECA), electric vehicles are much cheaper to run than petrol or diesel vehicles. The EECA calculated that the approximate fuel running cost of an EV is the equivalent of paying $0.30/L, which is considerably lower than its ICE counterpart.

Best Electric Cars NZ

What type of electric car is the best for me?

Similar to buying a conventional vehicle, choosing the “perfect EV” depends on dozens of different aspects ranging from styling, passenger capacity, budget, vehicle size, and more. However, focusing exclusively on their “technical features”, we have prepared a checklist that hopefully will assist you in making a decision.
  • Best for regular trips or long-distance commuting: HEVs
  • Best for heavy traffic: BEVs
  • Best for towing: PHEVs
  • Best for the environment: BEVs
  • Best for low running costs: BEVs
  • Best for first EV vehicle: PHEVs
  • Best for mid-distance travelling or commuting: PHEVs
  • Best upfront cost: HEVs
  • Best fuel economy (petrol-based): PHEVs
  • Best for multi-purpose usage: PHEVs
  • Best for long all-electric range: BEVs
  • Best power per litre: PHEVs (mixed) BEVs (overall)
  • Best for long-term vehicle: BEVs

How long does it take to charge an electric car?

For most models, it will be between 30 minutes (top up) or more than 8 hours (full charge). A typical electric car (60kWh battery) takes around 7-8 hours to charge from empty-to-full with a 7kW charging point. But most electric car drivers top up their battery rather than charge from empty-to-full. A half-hour charge can give many electric cars 100km to 150km of range. Before buying an electric car, make sure you know the battery size and recharge time.

Where can I find electric car charging stations?

There are hundreds over New Zealand, but many smaller towns and cities have a single station. This map outlines all the options. 

How far does an electric car go on a single charge?

It depends on the model. The Volkswagen e-Golf has a range of around 195 km. Other models include the Nissan Leaf (220 km), BMW i3 (273 km), and Hyundai Ioniq (190 km). The Tesla 3 can travel around 600 km. UK data suggests 'official range' and actual range differ.

Best Electric Cars NZ

​Four of the Best Electric Cars Available in New Zealand Right Now

​Choosing the best electric vehicle currently available in New Zealand is not an easy task. We have compiled our list (in no particular order) based on average consumer reviews, data from the EECA website and other sources, both in New Zealand and overseas.

No electric car manufacturer or brand has paid to appear on this list, and MoneyHub.co.nz has no relationship with any company listed below.
Electric Cars NZ compare

Nissan Leaf

​The Nissan Leaf is definitely a good option for anyone looking for an affordable yet reliable EV in New Zealand. Being arguably one of the best-selling electric vehicles worldwide, you have plenty of options to choose from (both used and new).

Nissan Leaf Main Features:
  • Technology: Battery Electric Vehicle (BEV)
  • Acceleration (0-100 Km/h): 7.4 seconds
  • Estimated range: 270 km
  • Battery capacity: 40 kWh
  • Available fast-charging stations in NZ: Yes
  • Average price: from around $60,000 (new), from $8,000 (used)

Official Website: Nissan New Zealand
Nissan Leaf NZ
Electric Cars NZ compare

Tesla Model 3

If you want a high-performance fully-electric vehicle with an outstanding autonomy range then look no further, the Tesla Model 3 is all you need. Tesla offers its full line of vehicles in New Zealand, but alternatively, if you are in a budget, you can easily find many used options.

Tesla Model 3 Main Features:
  • Technology: Battery Electric Vehicle (BEV)
  • Acceleration (0-100 Km/h): 3.4 seconds
  • Estimated range: 560 km
  • Battery capacity: 54 kWh
  • Available fast-charging stations in NZ: YES
  • Average price: from around $65,000 (new)

Official Website: Telsa New Zealand
Tesla Model 3 NZ
Electric Cars NZ compare

Hyundai IONIQ Series II

The Hyundai Ioniq is an amazing car offering a lot of convenient features. Arguably one of the most interesting aspects of the IONIQ is that it is the first automobile to be offered in hybrid, plug-in hybrid, and all-electric variants. So if you are undecided about which technology to choose, the IONIQ Series II might be a good starting point.

Hyundai IONIQ Series II Main Features:
  • Technology: Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), or Battery Electric Vehicle (BEV)
  • Acceleration (0-100 Km/h): 8.9 seconds
  • Estimated range: 47 km (plug-in hybrid), 311 km (all-electric)
  • Battery capacity: 1.56 kWh (hybrid), 8.9 kWh (plug-in hybrid), 38.3 kWh (all-electric)
  • Available fast-charging stations in NZ: Yes
  • ​Average price: Various options

Official website: ​Hyundai New Zealand
Hyundai IONIQ Series II NZ
Electric Cars NZ compare

BMW i3

This list won’t be complete without including the fabulous BMW i3. Make no mistake, while it is true that the BMW i3 it’s comparatively smaller in size than most EVs it equally true that it packs the comfort, performance, style, and reliability you can expect from the German automaker. Depending on your budget, this could be the perfect car for environmentally-minded college students.

BMW i3 Main Features:
  • Technology: Battery Electric Vehicle (BEV)
  • Acceleration (0-100 Km/h): 7 seconds
  • Estimated range: up to 246 km depending on the model
  • Battery capacity: 42.2 kWh
  • Available fast-charging stations in NZ: Yes
  • Average price: from around $75,000 (new), from $35,000 (used)

Official website: BMW New Zealand
BMW i3 NZ

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  • Banking & Savings
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      • LifeDirect Mortgages Review
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  • KiwiSaver
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    • For Startups
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  • Motoring
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  • Law
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  • Travel
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    • Best of New Zealand
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  • Travel Insurance
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  • Mobile & SIM
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  • Power
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  • Essential Money Tips
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    • Money & Relationships
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      • Guarantors - Loans and Mortgages
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    • Valuable Insights
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  • Financial Independence
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  • Life Essentials
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    • Kids Eat Free
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    • Entertainment
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    • Shopping Resources
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      • Blinds, Curtains and Drapes Auckland
    • Health & Personal Care
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  • Trade Services
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    • Christchurch Trade Services
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    • Hamilton Trade Services
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    • Tauranga Trade Services
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      • Glaziers Tauranga
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    • Dunedin Trade Services
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    • Lower Hutt Trade Services
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    • Napier and Hastings Trade Services
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  • Students
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    • Jobs
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