Vehicle Loans

Vehicle loans can be used to purchase a new or used car or most other vehicles. Buying a car can be expensive but these loans give you the freedom to choose the car you want if you cannot pay for it upfront. They also allow you to take ownership of the vehicle immediately. With many types of vehicle loans to choose from you should consider your options carefully. If you need access to a loan fast then an online lender could work best for you. Comparing lenders online is fast, easy and you have more access to lenders than you would do otherwise. Please read the terms and conditions of these vehicle loans carefully in order to make sure that you fully understand your financial obligations and know how much the loan will cost you in the long term.

If you wish to speak to someone: Contact Us or Enquiry Line: +27 10 500 3675

COMPANYTYPE

TYPE

Lender / Broker

INTEREST RATE

INTEREST RATE

The Interest rate on the loan

LOAN AMOUNT

LOAN AMOUNT

Amount you can borrow

MIN TERM

MIN TERM

Minimum borrowing period

MAX TERM

MAX TERM

Maximum borrowing period

TERMS

TERMS

Terms and conditions of loan

SUITABLE

SUITABLE

Applicants the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

SECURED LOAN

SECURED LOAN

Loans secured with an asset

UNSECURED LOAN

UNSECURED LOAN

Loans which are not secured with an asset

MORE INFO

Kilokor Rental Loan
Kilokor

LenderN/AN/AAsk on application48 monthsTerms

Terms

See website for details

Suitable For

Suitable

For individuals who are unable to attain vehicle finance due to Judgements/defaults/Blacklisting/having no credit record (e.g. first time buyers)/Low bank credit rating/Balloon Payments but would still like long term private access to a car.

Restrictions

Restrictions

In order to be eligible for a 4 year car rental with Kilokor Motors you mut have:†

1. Refundable deposit (Amount dependant on vehicle chosen)†
2. 3 months bank statements 3.†
3 months payslips†
4. Valid drivers license†
5. Valid ID document†
†6. Only in GAUTENG†
7. Proof of residence

NoNoKilokor Rental Loan
Does your credit record put the brakes on your mobility? Let us put you in the driving seat! Kilokor Rentals is the brainchild of Braam Lategan. Braam has 17 years experience in the 2nd hand motor trade. In the past 2 years Braam recognized a need in the market for an alternative to regular finance. Hence, Kilokor Rentals was born. We specialize in supplying long term rental cars to clients who are unable to attain finance due to Judgements/defaults/Blacklisting/having no credit record (e.g. first time buyers). Click for more information. DETAIL INFORMATION >>Services

Services

1. Long term car rental for individuals with less than perfect credit histories


Advantages

Advantages

1. 4 year (48 month) rental contract.†

2. Includes 48 months mechanical warranty.†
3. Includes matrix vehicle tracking and log book for tax advantages.
4. Includes servicing and comprehensive insurance. (service every 10,000 km's - Kilokor pays R800 towards each service)†
5. Tax deductable.†
6. AA National Breakdown Assistance†
7. Max 32,000 km's p.a. (2700 km's per month) - thereafter AA rates.


Disadvantages

Disadvantages

1. You do not own the car by the end of the 48 month payment plan, you have just been renting it.

If you wish to speak to someone: Contact Us or Enquiry Line: +27 10 500 3675

Compare Vehicle Loans

Vehicle loans can help you purchase the car that you want if you donít have the money to do so.

Why take out a Vehicle Loan?

Cars and other vehicles can be expensive purchases. If your finances are standing between you and the one that you want you might want to consider taking out a vehicle loan.

What are the benefits?

The main advantage is that you can take possession of the car straightaway. You will also find that some lenders offer some great incentives with their loans such as free or discounted breakdown cover, vehicle insurance and offers on car accessories.

In some instances car loans can work out cheaper overall than other financing options.

What about you credit rating?

It is likely that your credit rating will be considered but you will still be able to get one even if you have had bad credit. However, it is likely that the exact amount you can borrow will be affected and if you have a bad credit rating the interest rates are likely to be higher.

Get the right Vehicle Loan for you and your needs

Before applying you should work out how much of the car payment you can afford to pay each month to help you make your decision. The amount you can borrow can depend on a number of aspects including the type of car you want to buy. You will find that used cars will have higher interest rates than newer models.

There are specialist lenders available to customers in South Africa that can offer you competitive rates and terms for financing your vehicle but it is really important that you compare lenders weighing up all the different features, packages and payment options.

Make sure you shop around for the best vehicle loan available and watch out for lenders that require a deposit and charge admin fees.

Use the table above to compare different lenders.

Vehicle Loans - Latest News News and Charts

How to finance a car with a bad credit

07 March 2013
Mark Maffia

People who have a bad credit history, and have been refused for a loan, think they cannot have a car as a result of this Ė but the reality is that it has become easier to still be able to find car finance even if you think you have been blacklisted.

READ ARTICLE

Take Home The Car You Want With A Vehicle Loan

28 March 2012 17:00
Victoria Wedderburn

If you need some extra financial aid in taking home the car that you want you could consider a vehicle loan.

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