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Stay ahead of the game with a car rental agreement

If you opt for a rental agreement you have full use of your vehicle without ever owning it. It puts you in the driving seat during the lease term while you pay for your car over an agreed period.

Apply now

What you get
Full use of the vehicle or any other asset without the hassle of ownership

Drive an expensive vehicle or asset without having to buy it

You only pay for the use of the vehicle or other asset

It is an option to manage cash flow

Affordable, fixed monthly payment

Repayment period of up to 72 months.

The choice of lower monthly repayments by opting to make a balloon payment at the end of the rental period
What you need to know
A risk assessment may require you to pay a deposit upfront

An initiation fee and a monthly service fee is charged on all new contracts

VAT is not capitalised in advance, but rather paid on every instalment

A credit protection plan is available to settle the outstanding balance
What you need to bring
Absa clients:

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 to settle the outstanding balance in the case of death, disability or retrenchment