ABSA Vehicle Finance
- Drive your dream car
- Low-interest starting from 9.25%
- Repayment up to 72 months
Table of Contents
[Accessed December 9, 2022]
About Absa
Absa Bank Limited is a subsidiary of Barclays Africa Group.
They're listed on the Johannesburg Stock Exchange and provide a complete range of banking services to individuals, businesses, and corporations. They offer investment banking and wealth management as part of their commitment to serve South Africa's people and organizations.
ABSA is dedicated to you
When you're looking for vehicle financing you want a bank that's going to cater to your needs quickly and efficiently.
ABSA offers a very fast turnaround time that ensures you receive your car loan in record time. They'll use their expertise to help you through every step of the process until you have the keys to your new vehicle.
Absa's dedicated to serving you by providing advanced personalized solutions based on their extensive expertise and experience.
Over the years, they've expanded their banking and financial operations to other countries on the African continent including Botswana, Zambia, Mozambique, Nigeria, and Namibia.
Absa Services
ABSA's had a facelift and their new marketing campaign focuses on their unique African identity and the letter A.
Absa bank strives to be the first and the best bank that comes to mind when you're looking for any financial solution. The A corresponds to "Alpha" in the Roman alphabet which is a symbol of a beginning. The logo is the main visual representation of a company.
That's why their colour scheme has to be chosen carefully so as to have the greatest psychological influence on consumers.
Banking experts on your side
The red colour in the Absa logo is a symbol of vitality, energy, and excitement. This campaign has given the bank modern appeal and makes them stand out among its many competitors.
The logo design is focused on presenting the brand as the trend-setting leader in the provision of financial services.
The bank has retained its number one position as the leader for both consumers and experts.
Absa – Car finance
- Loan Type Car finance
- Interest Rate from 9.25%
- Repayment 24 months to 72 months
Benefits of Absa
- Reduced monthly payments
- Reduced interest over the term
- Competitive interest rates
Car finance calculator
For quick car finance & instant pre-approval, apply with ABSA today
Having your own car is the best way to avoid having to rely on lifts or the public transport system.
Everyone would love to own their own vehicle but they are very expensive and very few South African citizens can afford to buy one without a little bit of financial assistance.
Vehicle loans designed to suit your budget
Absa offers vehicle finance to get you into the driver’s seat of the car of your dreams. Use this Absa car loans review to find out whether the solutions this bank has to offer are right for you and suit your budget.
Absa's undoubtedly a reliable lender. The bank is part of Barclay's Group and a solid position in the South African financial market as well as other countries on the continent. ABSA vehicle loans are available for financing instalment sales and leases as well as direct sales through dealerships or through private sales.
If you select an instalment sale loan, you'll have access to a customized repayment schedule for a maximum of 6 years. This schedule allows you to repay your car loan over customized instalments so that you can easily afford the car loan without too much stress.
An ABSA loan allows you to obtain cash for paying your lease instalments. This type of loan has some of the most favourable terms which will help you save money while helping you feel comfortable about paying back the borrowed amount. One important thing to note is that Absa offers Islamic banking and Shari'ah compliant vehicle finance which is specially designed for Muslims.
The online application saves you time and effort
The easy accessibility of personal finance is one of their main benefits. You can use the calculator on the bank's website to determine how much you'll need to borrow and apply directly for your loan online.
This process will save you time, effort, and money. When it comes to interest rates, they're among the most affordable that you'll find in South Africa. Of course, in order to take advantage of these rates, you should have a good credit history and credit score.
ABSA car loans are available in a variety of different sizes
Use Absa to finance the purchase of a sports car or a recreational vehicle. The only limit to the loan amount will be your own affordability and ability to repay. Overall, Absa is a great choice for busy people who are looking for easy and affordable vehicle finance.
Absa is a trusted & reliable provider of car finance
In our review, Absa adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.
✅ Absa is a registered credit provider in South Africa: NCRCP7
Customer Reviews & Testimonials
Absa Contact
Physical Address
- 180 Commissioner St, City and Suburban Johannesburg Gauteng 2000 South Africa
- Get Directions
Absa Universal Branch Code
- 632005
Postal Address
- PO Box 7735, Johannesburg, 2000, South Africa
Opening Hours
- Monday 08:30 – 15:30
- Tuesday 08:30 – 15:30
- Wednesday 08:30 – 15:30
- Thursday 08:30 – 15:30
- Friday 08:30 – 15:30
- Saturday 08:00 – 11:00
- Sunday – Closed