Your complete guide to vehicle finance
Drive your dream car with finance that fits your lifestyle.
Whether you're buying a new or used vehicle, our vehicle loans are structured to be flexible and affordable. The vehicle serves as collateral, which allows us to offer competitive rates. We understand that everyone's driving needs are different—from family SUVs to business fleet vehicles. Our process is designed to get you behind the wheel as quickly as possible.
loan overview
Our vehicle loans cover both new and used cars, bakkies, and motorcycles. You can choose between installment sale (you own at the end) or balloon payment (lower monthly payments with a final lump sum). Terms range from 12 to 72 months. We work with all major dealerships and also offer private sales financing. The vehicle serves as security, which helps us offer better rates than unsecured loans.
We understand that a vehicle is often essential for work and family life. That's why we've streamlined our approval process—many clients receive a decision within 2–4 hours. Once approved, we can disburse funds directly to the dealer or seller, and you can take delivery immediately.
key features & benefits
balloon payment explained
A balloon payment is a lump sum due at the end of your loan term. It reduces your monthly repayments significantly. For example, a 30% balloon on a R300,000 car means you finance R210,000 monthly, and pay R90,000 at the end. Ideal if you plan to trade in or expect a future cash inflow.
term options
Shorter terms (12–36 months) mean higher monthly payments but less interest. Longer terms (48–72 months) lower your monthly cost but increase total interest. We help you find the right balance based on your budget and how long you plan to keep the vehicle.
how to apply (step by step)
1. choose your vehicle
Find the car you want at a dealership or private seller. Get the full purchase price and vehicle details.
2. online application
Complete our 5-minute form with vehicle and personal details. No paperwork needed yet.
3. approval & documents
Upload ID, proof of income (3 months payslips/bank statements). We'll revert within hours.
4. accept offer
Review terms, interest rate, and monthly payment. Sign digitally.
5. payment & collection
We pay the seller directly. You collect your vehicle and enjoy the drive.
eligibility criteria
- South African citizen or permanent resident
- 18 years or older
- Minimum monthly income: R8,000 (or R15,000 joint)
- Vehicle not older than 8 years at end of term
- Valid driver's license
- Acceptable credit history (we consider exceptions)
example scenario
Client: Michael, employed as a technician, wants a 2022 Toyota Corolla.
Vehicle price: R280,000
Deposit: R20,000 (optional)
Loan amount: R260,000
Term: 60 months
Rate: 13.5% (prime + 2%)
Monthly repayment (standard): R5,980
With 20% balloon: Monthly R4,450, final R52,000
Outcome: Approved in 3 hours. Michael chose the balloon option to keep monthly costs low while he builds his savings.
frequently asked questions
can I finance a private sale?
Absolutely. We finance private purchases too. We'll need a copy of the seller's ID and the vehicle registration papers.
what if I have bad credit?
We consider each application individually. A larger deposit or a shorter term may improve your chances.
is insurance required?
Yes, comprehensive insurance is mandatory for the loan duration. We can refer you to trusted insurers.
can I settle early?
Yes, with no penalties after 12 months. Early settlement within 12 months may incur a small fee.