Vehicle Finance Options

Get flexible vehicle finance by structuring your payment. You can choose between an instalment sale and a financial lease.

You can choose to open an AccessFinance account and deposit extra cash into the account to reduce the interest you pay on your car.

With an instalment sale you buy vehicles and other assets and pay for them over an agreed period. Once you’ve made the final payment you will become the owner.

With a financial lease you get to use a vehicle while you are paying it off over an agreed period. Once paid off you can choose to take ownership or not

See the table below to compare the two finance options.

Features Instalment sale Financial lease
Buy vehicles and pay for them over an agreed period. Once you’ve made the final payment you will become the owner. Use a vehicle while you are paying for it over an agreed period. Once paid off you can choose to take ownership or not.
Deposit Negotiable Negotiable
Interest rate Choose either a fixed or variable interest rate Choose either a fixed or variable interest rate
Loan term
  • Up to 84 months for new cars
  • Up to 72 months for used cars
  • Up to 84 months for new cars
  • Up to 72 months for used cars
End of contract Ownership of the vehicle is automatically passed to you after the final payment
  • The vehicle can be returned to us and we will sell it on your behalf
  • Ownership can be acquired
  • The agreement can be extended at the end of the initial agreement
Insurance required Yes, Comprehensive Insurance needed during the agreed period Yes, Comprehensive Insurance needed during the agreed period
Early settlement
  • For deals over R250k penalties apply
  • For deals less than R250k – no penalties apply
  • For deals over R250k penalties apply
  • For deals less than R250k – no penalties apply