Vehicle Finance
Used Car Finance in Cape Town
Most of our customers finance their next car, and we make that part easy. Ump Motors arranges vehicle finance through the major South African banks, so you can choose a car, apply and sign in one place at our Blouberg showroom. Send us a quick pre-approval request below and we will tell you what you can afford before you fall in love with a car.
Estimate your monthly repayment
Play with the numbers to see roughly what a car will cost you each month. A bigger deposit or a shorter term lowers the total interest you pay. A balloon payment lowers the monthly instalment but leaves a lump sum at the end.
What you need to apply
- A valid South African ID or driver’s licence
- Your latest 3 months of payslips
- Your latest 3 months of bank statements
- Proof of residential address
- If you are self employed: financial statements or 6 months of bank statements
Banks look at your income, monthly expenses and credit record. A deposit and a clean payment history improve your chances of approval and a better interest rate.
Trade in towards your deposit
Your current car can count as your deposit. Ask us for a trade in valuation when you apply.
How finance works at Ump Motors
- Send a pre-approval request using the form, or call us.
- We submit to the banks on your behalf and come back with the outcome.
- Choose your car within your approved budget.
- Sign and drive. We handle the paperwork, licensing and roadworthy.
Finance pre-approval request
Vehicle finance questions
Can I get car finance with a low credit score?
It depends on the bank and your full profile, including income and existing debt. We submit to more than one bank, which improves your chances. A deposit also helps.
Do I need a deposit?
Not always. Some buyers qualify for 100% finance, but a deposit or trade in lowers your instalment and the total interest, and can improve approval.
How long does approval take?
Once we have your documents, banks usually respond within one or two working days, often sooner.
What is a balloon payment?
A balloon is a lump sum, usually 10% to 30% of the price, that you pay at the end of the term. It lowers the monthly instalment, but you pay more interest overall and must settle or refinance the balloon at the end.
Does applying affect my credit record?
A credit check is recorded as an enquiry. A few enquiries in a short period is normal when shopping for finance.
Ready to find your next car?
Visit us at 1 Merlot Avenue, Blouberg, call 084 703 9376 or browse our stock online.