We do not only offer you great range of vehicle finance solutions, but also credit protection options, extended cover and a choice of warranties to assist you in your journey ahead. 

Our vehicle finance solutions

Solution
 
Key features
 

Instalment Sale Agreement

 
  • Own the vehicle while you are paying it off
  • Reduce monthly payments by choosing a balloon payment or paying a deposit
  • Choose a finance term of 24 - 72 months
  • Fixed or variable interest rates
  • The car belongs to you after you have paid it off
  • A credit protection plan is available
  • You get access to Absa Online

Apply online

Tell me more

Lease Agreement

 
  • You have use of the vehicle for the lease period
  • Reduce monthly payments by choosing a balloon payment or paying a deposit
  • Choose a monthly repayment option from 24 - 72 months
  • Fixed or variable interest rates
  • You have the option of buying the vehicle at the end of the lease period without any obligations
  • An affordable credit protection plan is available 
  • You get access to Absa Online
  • An initiation fee and a monthly service fee are charged on all new contracts

Apply online

Tell me more

Rental Agreement

 
  • Affordable, fixed monthly payment
  • Choose a repayment period of up to 72 months
  • Fixed or variable interest rate
  • Drive the vehicle of your choice without the hassle of ownership
  • A credit protection plan is available
  • You get access to Absa Online
  • A risk assessment may require you to pay a deposit upfront

Apply online

Tell me more

Islamic Vehicle Finance

 
  • Enjoy access to a car for a fixed period and price
  • Reduce your monthly rental fee when you have extra cash
  • Variable or fixed rental fees. 
  • At the end of lease, you can buy the vehicle at an agreed price, nominate a third party to buy it or use it at a reduced or zero rental fee
  • We offer insurance cover with access to a range of free services
  • You get access to Absa Online
  • 100% financing and tax benefits available

Apply online

Tell me more

Our credit protection plans

Solution
 
Benefits
Minimum entry age
Maximum entry age
Term of agreement
Maximum sum insured

Plan A

 
  • Death
18 years
60 years
Maximum 84 months
R1 000 000

Plan B

 
  • Death
  • Disability
18 years
60 years
Maximum 84 months
R1 000 000

Plan C

 
  • Death
  • Disability
  • Dread disease
18 years
60 years
Maximum 84 months
R1 000 000

Plan D

 
  • Death
  • Disability
  • Dread disease
  • Retrenchment
18 years
60 years
Maximum 84 months
R1 000 000

Underwritten by Absa Life Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.

Additional credit protection options

Solution
 
Benefits
Minimum entry age
Maximum entry age
Term of agreement
Maximum sum insured

Taxi

 
  • Death
  • Disability
  • Dread disease
18 years
60 years
Maximum 84 months
R500 000

Platinum Protection

 
  • Death
  • Disability
  • Retrenchment
  • Accidental death
18 years
60 years
Maximum 84 months
R750 000

Underwritten by Absa Life Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.

Our warranty options

Solution
Cover period
Cover

Ultimate Extended Warranty

2 years
  • Repair or replacement of components due to unforeseen mechanical breakdown or electrical failure
  • Cover new or used vehicles
  • Transferable with the vehicle when you sell it
  • Cover for a period of two years
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.

Ultimate Pre-Owned Warranty

2 years
  • Repair or replacement of components due to unforeseen mechanical breakdown or electrical failure
  • Cover new or used vehicles
  • Transferable with the vehicle when you sell it
  • Cover for a period of two years

Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.

Ultimate Booster Warranty

2 years
  • Gap cover for warranty
  • It covers shortfalls in repair costs for components (up to the maximum cover limit)
  • You need an existing warranty to qualify for the Ultimate Booster Warranty
  • Cover for a period of two years

Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.

Our extended cover option

Solution
 
Cover

Extended cover

 

If you have a fully comprehensive car policy in place, extended cover will complement this insurance and ensure that you can cover any shortfalls or small repairs on your vehicle.

Benefits include:

  • Credit Shortfall Cover
  • Photo Finish Benefit
  • Excess Benefit
  • Unintentional violation of policy conditions on underlying insurance
  • Car Hire Benefit
  • Road Cover Benefit
  • Finance, Deposit and Registration/Licencing Administrative Fees Shortfall Protector

Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.

Need more help?

Need more help?

Let one of our consultants help you get the best vehicle finance for your needs.

Call us on:

0860 669 669

Call Islamic car finance on:

0860 000 786

Visit your nearest branch