Vehicle Finance


  • Have your monthly premiums on your vehicle become unbearable?
  • Are you trying to either buy or sell a vehicle privately?
  • Do you want to bring down your monthly premium, save money and ease your cash flow?

If you have answered yes to these questions, then we can assist.

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Enquire About Our Asset Loans:

Enter your details below and we will contact you. Your only qualifying requirement is the value of the asset against which the loan will be taken.

Vehicle Refinancing


We are able to refinance the settlement amount and bring down your monthly premium so as to save you money and ease your cash flow.

Will the vehicle be refinanced with the same bank?

No it will not. If you are happy with the revised interest rates, payment amount and duration of the contract, then your current finance with Bank A will be settled in full and your new contract with Bank B will be activated.

If I have a balloon/residual payment how will that affect the refinancing?

What is taken into account is the settlement amount owed to the bank and this will include the balloon/residual if you have one. If the settlement is equal to or less than the vehicles current retail value then the vehicle can be refinanced. Alternatively if you want a balloon/residual amount added to the new refinancing that can be included.

Over what period can a vehicle be refinanced and what is the oldest vehicle that can be refinanced?

The general rule of thumb is that vehicles that are 4 years and newer can be refinanced over a maximum term of 72 months. Then as the vehicles get older the finance period reduces accordingly from between 60 months – 48 months. The maximum age of a vehicle has to be 10 years old but if you have an exceptional credit history you might get away with an even older vehicle.

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Private to Private Finance


If you are trying to either buy or sell a vehicle privately we can arrange all the finance on your behalf. We ensure that both the buyer and seller requirements are met and if any outstanding finance is owed to the bank or monies are owed to the seller we also manage that process.

Is it not risky selling your vehicle privately?

If you use an accredited company to manage the process then it is not risky in the least. They will ensure that all processes are followed so that monies are paid to the bank if there is any outstanding finance owed on the vehicle. Also if any money is owed to the seller then they will also receive their money accordingly. Very importantly the paperwork will also be handled so that the vehicle is taken off the seller’s name and put into the buyer’s name.

Should I rather not just trade my car in for another car?

You can do that but remember that a dealer also needs to make money on your traded in vehicle. So they will offer you less than what it is worth so that they can resell it for a profit.

Important things to know about Financing and Refinancing


  • All financing is done through the banks.
  • You cannot have any judgements, arrears or defaults on your name.
  • The minimum salary you must earn is R7,000 per month.
  • The vehicle can’t be older than 10 years old.
  • You need to have a valid SA driver’s license.
  • The vehicle can’t be a rebuild or a stolen and recovered vehicle.
  • If you are a non South African you need to have a valid work permit.

More Question? Ask us!

If you cannot find the answer to a question you might have for us here, enquire today and we will gladly assist. Complete the form and get in touch today.