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Enjoy the pure freedom of a car lease agreement

Don’t settle for less. With our car lease agreement you can get the car you really want and the option of upgrading to a new car more often. You decide whether you want to buy the car at the end of the finance period.

Apply now

How it works

What you get
Lower, more affordable monthly payments

Lower or even no deposit

Full use of the car for the lease period without the hassle of ownership

You can drive a brand new car every 2 - 4 years

Maintenance costs are fixed

Reduced monthly payments by choosing a balloon payment or paying a deposit
What you need to know
You can decide to take ownership of the car or return it to the bank at the end of the agreed lease period

It’s mandatory to have insurance to get vehicle finance

The fixed monthly payments are tax-deductible if you are VAT registered

At the end of the lease, you can choose to:

purchase the car at an agreed price

nominate a third party to buy the car

continue to use the car at a reduced or zero rental fee
What you need to apply
Absa client:

Proof of identity (South African ID book or card)

Proof of address (not older than three months)

A valid salary slip (latest)

Foreign residents and non-Absa clients:

Work permit

Passport

Letter of appointment or a payslip

International driver’s licence

Last three months’ bank statements (non-Absa clients)
Optional and value-added extras
We offer a range of competitive insurance options or you can get insurance from an insurer of your choice

With a credit protection plan you can settle the outstanding balance in the case of death, disability or retrenchment