Important disclosure

Car Finance in Pretoria

If you’re looking for car finance in Pretoria, CompareLoans has compiled a list of lenders for you.

Simply input your desired loan amount and repayment duration in the calculator below and browse through top lenders offers.

Calculate repayments

Go through Fincheck's online application to get matched with loan provider that's most suitable for you.

Overview

Minimum monthly incomeR8,000

Initiation feeR1,207.50

Minimum term (months)12 months

Interest rate10.25%

Vehicle finance APR10.25%

EST monthly repayment (approx)R2,208

Total repayment amount (approx)R132,480

Total interest & fees paid (approx)R32,480

Rate typeFixed

Secured or unsecuredSecured

GO TO Fincheck

Other Fees & Information

Monthly feeR69.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesNo

SponsoredYes

Data accurate as of18.01.2020

GO TO Fincheck

Hide info -

Are you in the market for a vehicle between R40 000 and R250 000? We provide a loan for vehicles up to 20 years old* at accredited dealers countrywide.

Overview

Minimum monthly incomeR5,000

Initiation feeR1,207.50

Minimum term (months)6 months

Interest rate10.00%

Vehicle finance APR10.00%

EST monthly repayment (approx)R2,195

Total repayment amount (approx)R131,700

Total interest & fees paid (approx)R31,700

Rate typeFixed

Secured or unsecuredSecured

GO TO Nedbank

Other Fees & Information

Monthly feeR69.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesYes

SponsoredNo

Data accurate as of18.01.2020

GO TO Nedbank

Hide info -

Go through Fincheck's online application to get matched with loan provider that's most suitable for you.

Overview

Minimum monthly incomeR8,000

Initiation feeR1,207.50

Minimum term (months)12 months

Interest rate10.25%

Vehicle finance APR10.25%

EST monthly repayment (approx)R2,208

Total repayment amount (approx)R132,480

Total interest & fees paid (approx)R32,480

Rate typeFixed

Secured or unsecuredSecured

GO TO Fincheck

Other Fees & Information

Monthly feeR69.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesNo

SponsoredYes

Data accurate as of18.01.2020

GO TO Fincheck

Hide info -

Get a principal decision within 24 hours if all necessary documents have been provided.

Overview

Minimum monthly incomeUnknown

Initiation feeR1,207.50

Minimum term (months)12 months

Interest rate12.25%

Vehicle finance APR12.25%

EST monthly repayment (approx)R2,295

Total repayment amount (approx)R137,700

Total interest & fees paid (approx)R37,700

Rate typeFixed

Secured or unsecuredSecured

GO TO Mercantile Bank

Other Fees & Information

Monthly feeR57.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesYes

SponsoredNo

Data accurate as of18.01.2020

GO TO Mercantile Bank

Hide info -

Low deposit requirement. No monthly admin fees. Competitive pricing. Annual lump sum option available. Option of fixed or variable repayments. Up to 72 months.

Overview

Minimum monthly incomeR2,000

Initiation feeR1,207.50

Minimum term (months)12 months

Interest rate12.50%

Vehicle finance APR12.50%

EST monthly repayment (approx)R2,320

Total repayment amount (approx)R139,200

Total interest & fees paid (approx)R39,200

Rate typeFixed

Secured or unsecuredSecured

GO TO Albaraka Bank

Other Fees & Information

Monthly feeR69.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesYes

SponsoredNo

Data accurate as of18.01.2020

GO TO Albaraka Bank

Hide info -

What Dealership Finance offers: A tailor-made vehicle finance solution. Choice of fixed or variable rate. A reasonable balloon payment or residual value to match your agreement choice. What this allows you to do: Buy a vehicle from a dealership. Buy a vehicle up to 10 years old. Finance a vehicle for at least R30 000 after deposit.

Overview

Minimum monthly incomeR6,000

Initiation feeR1,207.50

Minimum term (months)12 months

Interest rate9.00%

Vehicle finance APR9.00%

EST monthly repayment (approx)R2,146

Total repayment amount (approx)R128,760

Total interest & fees paid (approx)R28,760

Rate typeFixed

Secured or unsecuredSecured

GO TO First National Bank

Other Fees & Information

Monthly feeR69.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesYes

SponsoredNo

Data accurate as of18.01.2020

GO TO First National Bank

Hide info -

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

Overview

Minimum monthly incomeR2,000

Initiation feeR1,207.50

Minimum term (months)24 months

Interest rate12.50%

Vehicle finance APR12.50%

EST monthly repayment (approx)R2,320

Total repayment amount (approx)R139,200

Total interest & fees paid (approx)R39,200

Rate typeFixed

Secured or unsecuredSecured

GO TO Absa

Other Fees & Information

Monthly feeR69.00

Other feesR0.00

Missed payment feeUnknown

Repayment scheduleMonthly

Early repayments allowedYes

For used vehiclesYes

SponsoredNo

Data accurate as of18.01.2020

GO TO Absa

Hide info -

results per page

CompareLoans.co.za provides factual information in relation to financial products. While CompareLoans.co.za 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 CompareLoans.co.za 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 CompareLoans.co.za. CompareLoans.co.za recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see CompareLoans.co.za'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.

What type of car loan are you looking for?

Car finance in Pretoria – Drive your dream car

Learn about car finance in Pretoria through this quick guide and get the right loan for your new or used vehicle.

Where can you find the best car loans in Pretoria?

If you’re looking for the best place to find car loans in Pretoria, simplify your search by going through our comparison tables above. Also, check out our list of top car finance lenders in South Africa.

An overview of car finance features in Pretoria

  • Loan amounts. You can borrow R10 000 up to R300 000 depending on income level.
  • Loan terms. Pay off your loan over 12 months up to 72 months or 84 months depending on the lender.
  • Interest rates. Rates can be fixed or variable. However, low-interest vehicle finance is generally available to borrowers with a good credit score.
  • Loan charges and fees. Typically, you can expect to pay an initiation fee and a monthly service fee. Late payment and early payment fees can also be added.
  • Monthly payments. The car finance calculator from CompareLoans is a tool that helps you find an affordable monthly payment for your car. Simply adjust the sliders to input the loan amount and term. Next, click calculate.
  • Deposit and balloon payments. Some lenders expect a deposit, usually of up to 20%. A balloon payment is a lump sum that is sometimes paid after your loan contract expires.
  • Secured vs unsecured. With a secured loan, the lender can claim the car if you miss repayments. On the other hand, there’s no risk of losing the vehicle if you choose an unsecured loan. However, unsecured car loans can be challenging to find, especially if you have a low credit score.

Car finance in Pretoria – Here’s how the process works

Get easy car financing in Pretoria by following these steps:

  1. Shop for your car. You can buy from a car dealership or a private seller. The vehicle can also be used or new. In any case, obtain a purchase agreement from the seller and submit it during your application.
  2. Compare loans. Once you have picked the right car, shop around for the right loan or lender. Compare factors like interest rate, requirements, loan amounts, loan terms, and repayment terms.
  3. Apply online. To submit your online application through CompareLoans, visit the lender’s website by clicking their “Go to Site” button in the comparison tables above. To meet general requirements, you must be 18 years or older, have a driver’s licence, and a regular, monthly income.
  4. Drive and pay. Once your loan is approved, the lender pays for the car, and you use it freely while paying monthly instalments.

Other types of vehicle loans available in Pretoria

Can you find blacklisted car finance in Pretoria?

A bad credit record might still get you a loan, but typically, car finance for blacklisted clients has higher interest rates and charges.

Popular vehicle finance searches