Important disclosure

Find Dealer Finance in South Africa

Dealer finance motor vehicle loan could get you in your next motor vehicle sooner than you think.

Use our loan calculator below to help you calculate your likely monthly repayment so that you see which South African lender’s option best match your financial status and budget. All you have to do is input the loan amount and use the toggle to adjust the loan term, then click calculate. Just give it a quick try.

Calculate repayments 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.

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.

Car dealers with in-house financing in South Africa

You can shop for your car and your car loan under one roof when you visit a dealership that offers in-house financing. Find out how this “one-stop-shop” finance option works and whether it will get you the best deal when you buy your dream car.

Car dealers with in-house financing – How does it work?

This type of finance option is often called buy-here, pay-here because you can get a loan directly from the car dealership. The dealer either finances the car on their own or works with a credit provider to arrange finance for you.

Offers from car dealerships that have in-house financing might have the following features:

  • Inbuilt insurance that provides cover in case of theft or accidents;
  • No credit checks as long as the dealership can verify that you’ll be able to afford the monthly payments;
  • A deposit is usually required; and
  • You can buy a new or used/pre-owned car.

What happens when you visit a car dealer with in-house financing?

Most car dealers that have in-house financing have a variation of the following process once you walk in through the door:

  • Viewing cars available in the showroom to narrow your options;
  • Going for a few test drives before making the final decision;
  • Learning the details of the finance options on offer including monthly payments, as well as other terms and conditions;
  • Applying for finance, insurance, and other vehicle plans; and
  • Driving your car away once your application is approved.

Advantages of dealership in-house dealership finance

  • Bad-credit financing. A viable option for borrowers who are blacklisted and who have met with rejected applications from traditional lenders.
  • Saves you time and effort. Since you don’t have to search for a loan or handle paperwork, the application and approval process is typically faster. That means you get to drive your car sooner.
  • Promotional deals and specials. Most dealerships offer important and valuable add-ons like extended warranties and service plans that are affordable.
  • More negotiating power. When you visit the car dealership, you have the opportunity to explain your financial situation and negotiate for better repayment terms and a rate that’s comfortable for you.

Disadvantages of dealership in-house dealership finance

  • More costly. Might have higher interest rates than traditional lenders such as banks and credit unions.
  • Limited options. When buying a car, your choice is limited to what the dealer has in stock, so you might not get the vehicle you want.
  • Unnecessary add-ons and services. If you’re not careful, your loan’s total cost might end up higher if you accept all motor plans or add-ons the dealership pushes towards you.

What you need to apply

When you visit a car dealer to apply for in-house financing, you might have to meet the following general requirements :

  • Be 18 years or older;
  • Have a driver’s licence;
  • Have a valid South African ID;
  • 3 months bank statements;
  • 3 latest payslips; and
  • Proof of residence.

Dealership finance vs. vehicle finance from traditional lenders

While you’re considering vehicle finance options in South Africa, you may also want to look into traditional car loans which have their own advantages. For example, you might be able to apply online, and you’re likely to get a lower interest rate.

Frequently asked questions about car dealers with in-house financing

Can I get 0% financing from a car dealership?

You might be able to find South African dealerships that offer 0% financing deals but make sure the purchase price of the car is not too high compared to the market value.

Can I get a trade-in deal from a car dealership?

It depends on the car dealership. Dealerships that accept trade-ins will typically evaluate your car before offering you a market-related price.

Can I get refinancing from a car dealership?

Some dealerships offer car loan refinancing where your existing loan is paid off with a new loan. This enables you to restructure the loan so you can get better and more comfortable terms.

Popular vehicle finance searches