Two men had a "lucky escape" after the vehicle they were in ploughed through a "Slow down before bends!" sign and went into Otago Harbour.
The pair were taken to Dunedin Hospital after the crash near Sawyers Bay about 1.30am yesterday.
Station officer Glenn Holland, of Port Chalmers, said the pair were "very lucky" after the vehicle plunged into the cold and dark waters.
"They are very lucky lads," he said.
"They will be thanking their stars today, I'd imagine.