Vehicle Finance Calculator
Calculate your monthly car or bakkie repayment with optional balloon payment. Compare vehicle finance options from verified South African lenders.
Enter Vehicle Finance Details
Typical vehicle finance rate: prime (11.75%) to prime + 4%
A balloon payment reduces monthly costs but is due in full at end of term
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Include price, deposit, rate, term and optional balloon payment.
Vehicle finance in South Africa — what you need to know
South African vehicle finance is typically structured as instalment sale agreements under the National Credit Act. The vehicle serves as security and the bank retains ownership until the final payment is made. Most banks finance up to 100% of the vehicle value (subject to credit approval), while some require a 10–20% deposit.
A balloon payment (or residual value) reduces monthly instalments but means a large lump sum is payable at the end of the term. You can either refinance the balloon, trade in the vehicle, or pay it in cash. Always factor this into your vehicle affordability calculation.
Rates are indicative and subject to change without notice. Finance EzyFind is a free comparison and matching service — not a lender or credit provider. All lending is subject to the National Credit Act (NCA). Please borrow responsibly.
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