The Top Car Loans from Banks in South Africa

Now these car loans are a cut above the rest due to their flexibility, affordability or added extra services, let’s take a look.

African bank offers affordability and flexibility

Through its offer of vehicle finance whether you intend on buying a new or used car. Their vehicle finance is regarded as a top car loan from bank in South Africa because it allows lower to middle class working civilians the opportunity to buy a vehicle of their dreams. And that can be difficult to get especially if you don’t have disposable cash for once off purchases.

You can finance to purchase a vehicle of up to the value of R240 000* which you can get at selected dealerships approved by African Bank countrywide. And it comes with flexible repayment terms of up to 84 months to pay back. One of the many advantages of applying for vehicle finance from African Bank is that there’s no deposit required, but you can decide to put up a deposit to have better repayment terms.

To apply for African Bank’s vehicle finance you’ll need valid ID and driver’s license. Proof of residence, latest payslip and three months bank statements.

While Bidvest bank car finance offers added extra services

Bidvest Bank is one of the top leaders in vehicle and asset finance in South Africa. Whether you want to buy, sell, finance or lease your company vehicles. Bidvest will help you find and secure your next vehicle at the best available rate.

Simple, tax-effective finance options with all the extras is part of its Personal Vehicle Finance Benefits

If you qualify to receive a travel allowance for business purposes, our affordable car finance products and services offer you added benefits of a Maintenance Plan paid monthly or single upfront covers the cost of all services and repairs that may be required.

End of Contract Sales where you’ve the option to resell your vehicle through Bidvest online auction system at the end of the contract. While Vehicle Hire offers you a temporary car while your own is being serviced or repaired and receive 24-hour Roadside Assistance with Club McCarthy.