Important disclosure

Absa Vehicle Finance Calculator

Our Absa vehicle finance calculator will aid you in comparing loan options by giving you an estimate of your repayments.

Once you input the loan amount and adjust the loan term then click calculate. You will then see how each option will affect your overall budget. This way you can make a better financial plan for budgeting purposes.

Calculate repayments

Experience the joy of owning your car while you are paying it off with our flexible instalment sale agreement. Own the vehicle while you are paying it off. Reduce your monthly payments by choosing a balloon payment or by paying a deposit. Choose a monthly repayment from 24 - 72 months. Fixed or variable interest rates available
Islamic Vehicle Finance will ensure that you get the vehicle you want, whether it is for business or personal use, in a fully Shari'ah-compliant manner. Using the concept of Ijaarah, which is similar to leasing, you can enjoy access to a vehicle for a fixed period and price. This approach is Shari'ah-compliant and allows you to benefit from unique advantages, such as 100% financing and tax benefits. Variable and fixed rental fees for the duration of the lease. Flexible payment options to reduce your monthly rental fee

Absa Car loan - Lease Agreement

24 months
to 72 months
to R250,000
With our car lease agreement you can get the car you really want and you have the option of upgrading to a new car more often. You decide whether you want to buy the car at the end of the finance period. Lower, more affordable monthly payments. Lower or even no deposit. Full use of the car for the lease period without the hassle of ownership. You can drive a brand new car every 2 - 4 years. Maintenance costs are fixed. Reduced monthly payments by choosing a balloon payment or paying a deposit. It’s mandatory to have insurance to get vehicle finance. The fixed monthly payments are tax-deductible if you are VAT registered.

Absa Car loan - Rental Agreement

24 months
to 72 months
to R250,000
If you opt for a rental agreement you have full use of your vehicle without ever owning it. You will get: Full use of the vehicle or any other asset without the hassle of ownership, drive an expensive vehicle or asset without having to buy it , only pay for the use of the vehicle or other asset. It is an option to manage cash flow , affordable, fixed monthly payment, repayment period of up to 72 months. The choice of lower monthly repayments by opting to make a balloon payment at the end of the rental period

MFC Vehicle Finance

12 months
to 96 months
to R300,000
Whether you're buying a through an MFC approved dealer or privately, MFC can assist; for cars up to 10 years old or in some cases classic cars. Apply through Fincheck to be matched with the right vehicle finance provide for you.

RCS Vehicle Finance

12 months
to 72 months
to R550,000
RCS are second-hand car finance specialists. Interest rates from prime* over 72 months. Apply through Fincheck to be matched with the right vehicle finance provide for you.

Fincheck Vehicle Finance Broker

12 months
to 72 months
to R250,000
Go through Fincheck's online application to get matched with loan provider that's most suitable for you.
results per page provides factual information in relation to financial products. While attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see's Terms of Use and Services Guide.

Minimum and maximum loan periods vary between 1 months and 10 years. Comparison interest rates vary between 6.55% and 60% p.a. Total interest repayments vary between R685.05 and R844.12 over the life of the loan. *Comparison rate is based on an unsecured loan of R20,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

Use this Absa vehicle finance calculator for quick results

Absa Bank (a registered credit provider) is a leading South African lender offering personal loans and vehicle finance loans. Over the years, ABSA has managed to build a reputation as a reliable vehicle finance lender. If you’re interested in an Absa car loan, this page talks specifically about how the calculator works.

First of all, what is Absa vehicle finance, and how does it work?

For a quick overview, here’s what you can expect from an Absa car loan:

  • You can borrow a minimum of R10 000 and a maximum of R250 000
  • The term ranges from 24 months to 72 months; and
  • Interest rate is 12.5%.

To begin the application process, move up to the comparison tables above. Next, click the “Go to Site” button next to the option you want.

Why is the Absa vehicle finance calculator important?

Considering factors such as make, cost, and affordability is important when you want to finance a vehicle. If you choose to take out a loan from Absa, you will also need to find out the following;

  • Do you qualify for a loan?
  • If yes, how much can the bank offer you?
  • How will your monthly instalments be structured?

Individual affordability assessment, in particular, can be tricky. CompareLoans, however, makes everything easy by providing you with an easy-to-use Absa vehicle finance calculator. The credit calculator simplifies the process by giving you a close idea of what monthly repayments to expect.

How to use the Absa car finance calculator

The Absa car loan calculator is quite simple to use. You can break down the process into 3 super easy steps that can be completed in seconds:

  • Use the first slider to choose the amount you want.
  • Select your desired loan term using the second slider.
  • Click “Calculate Repayment.”

Please note, the results from the Absa vehicle finance loan calculator are only estimates. These results are based on your specific input, and they serve to give you an estimate, not the exact quote you will receive when you apply.

Advantages of the ABSA vehicle finance calculator

  • The loan calculator helps you find out if you qualify for an Absa auto loan;
  • You will be able to see what your monthly instalments look like should your application be successful;
  • It is suitable for mobile users, so you can access and use the calculator from your phone; and
  • You can easily compare vehicle financing options before making your application.

Is it risky to not use the Absa car loan calculator?

It is risky to make financial decisions without enough information. The whole idea behind the Absa vehicle finance calculator is to provide you with information that will enable you to make better-informed decisions.

The use of the calculator can prove advantageous if you’re looking to predict your monthly budget after borrowing money. Knowing the real cost of a significant investment can make the difference between maintaining a stable budget or ending up in trouble.

Furthermore, having enough information before you make your purchase can lead to a comfortable financial situation and an affordable car.

Frequently asked questions about the Absa vehicle finance calculator

Are the results from the calculator accurate?

Please take note that the results displayed are just a close estimate of how much the car loan will cost you on a monthly basis.

Which devices support the vehicle finance calculator?

The calculator is optimised for mobile, and you will get similar results using it on both mobile devices and PCs.

How do I verify the results from the vehicle finance calculator?

You will be able to verify the results if you proceed with the loan application.

More about Absa

.embedtool {position: relative;height: 0;padding-top: 45%;overflow: hidden;max-width: 100%;} .embedtool iframe, .embedtool object, .embedtool embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } .embedtool .fluid-vids {position: initial !important}

Popular vehicle finance searches