Vehicle Finance

The common ways to finance a car, what each one actually costs you, and an estimate of your monthly repayment.

Ways to structure the deal

Most vehicle finance in South Africa comes down to a few choices: how much you put down up front, how long you pay for, and whether you defer part of the price to the end. Each choice changes your monthly figure and the total you pay over the term.

Instalment sale

The straightforward option. You pay the full price off over the term in equal instalments, and the car is yours at the end with nothing outstanding.

Balloon payment

A portion of the price is set aside and becomes due as a lump sum at the end of the term. Your monthly payment is lower, but you still owe that amount later and you pay interest on it throughout.

Deposit and term

A larger deposit or a shorter term both reduce the interest you pay overall. A longer term lowers the monthly figure but increases the total cost.

Estimate your monthly repayment

Adjust the figures below to see roughly where your instalment would land. This is a guide to help you plan, not a quotation.

Vehicle price (R)Deposit (R)Interest rate (% per year)Repayment termBalloon / residual (%)

Estimated monthly repayment

R 0

This calculator is an estimate only and is not a quotation, an offer of credit, or financial advice. It excludes the initiation fee, monthly service fee and any insurance or value-added products, all of which affect your actual instalment. The rate you qualify for depends on your credit profile. All finance is provided by registered credit providers and is subject to credit approval and affordability assessment.

Apply for finance

Complete the application below and one of our finance and insurance consultants will take it from there.

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TATA Cars Pretoria works with registered financial services providers. All applications are subject to credit approval, affordability assessment and the terms of the credit provider.