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  • Low-interest up to 27%
  • Repayment up to 60 months

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Author CARmag.co.za. Screenshot of CARmag.co.za website.
[Accessed December 9, 2022]

About CARmag.co.za

Car Mag has come a long way since its humble beginnings back in 1957.

If you’re a motorsports fan or a car enthusiast, chances are you know who we are.

If you don’t know who we are, Car Mag is the leading authority on all things to do with cars. From sports vehicles and family sedans to motorbikes.

We’ve earned our stripes as the leading providers of information and finance in the car industry.

From humble beginnings

We started small, all those years ago, as a humble magazine for car enthusiasts, at the dawn of an era.

Over the years, we grew and expanded to become the leading authority on these matters, and even spread our reach into the industry of car dealerships and vehicle finance.

This way, we help you secure not only the money you need to buy your vehicle, but the vehicle itself!

If that isn’t convenience at its finest, we don’t know what is. But you can rest assured that if there is a way we can help you we’ve already found it.

Where we are today, all these years later

Marc Scott, the founder of our beloved company, could only imagine how far his new company would grow.

CARmag.co.za Services

Today, aside from our widely enjoyed magazine, we control dealerships across our country in ten different cities, and offer a variety of services from insurance and finance to sales and refinancing.

With such a broad service offering, how could you not trust that we know best? We’re ready to prove our worth and help you achieve what you need.

How we finance new & used cars

We have an enormous team made up of bright, friendly staff that are dedicated to making your experience with us a positive and joyful one. We do what we can to make your experience as personal and comfortable as possible.

Whether you require refinancing on a vehicle you currently own, are looking to finance a new or used car, or trying to sell the car you already own and trade it in for a newer model, we’ve got your back.

How our vehicle finance works

We’re not a lender. In fact, we’re more of a broker, but we deal exclusively with car finance. Our decades of experience have put us in contact with many reliable, trustworthy lenders, which is extremely important to us.

These lenders can help you refinance your vehicle, or finance a new vehicle.

They're hand-selected and we provide you with a quote from each. We even short-list the most reasonable quotes that are most suited to your budget.

CARmag.co.za – Car finance

  • Loan Type Car finance
  • Interest Rate 27%
  • Repayment 6 months to 60 months

Benefits of CARmag.co.za

  • Vehicle finance
  • Finance for vehicle models 1999 - 2014 or later
  • Blacklisted / Bad credit welcome apply
  • Apply for instant decision
  • Application only takes 5 minutes to complete
  • Available countrywide
  • Fast, secure and confidential
  • Vehicle insurance offered

Car finance calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This car finance calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

At Car Mag we make vehicle finance quick & convenient

Applying for our services is easy. Go to our website, and fill in the application.

We’ll need your full name, ID number and contact details in the form of a cell phone number, and an email address.

Along with these, mention what you feel is an affordable monthly payment that fits into the budget. We'll pass this along to our staff, who will search for the appropriate South African lenders for you.

What happens from there, you ask?

Once our dedicated staff members will find a succession of lenders that suit your needs, and you’ll be given a short-list from which to choose.

From there, you decide which of the car finance offered suits your pocket most, based on which interest rate and repayment term suit your needs best. Once you’ve decided, you’ll sign a contract with that lender, and the loan process will begin, with money arriving in your account, and a car arriving in your driveway.

What the lender may need from you

The lender you choose may need documentation from you before they approve your online loan application. Namely:

  • Proof of address
  • A valid copy of your RSA ID
  • A 3-month bank statement

A final word before you hit the road

Remember to lend only within your means. Debt consolidation and debt counselling is an available service, of course, but riding around in your shiny new car always feels better when you know you can afford it.

This is also why a lender may ask for extra details, to ensure that the loan you receive will not be detrimental to your financial health. Other than these parting words, what’s left to say? Head to the Car Mag site today and see if we can get you into a set of new wheels!

Customer Reviews & Testimonials

September 2019

I couldn’t believe the deal I got at Car Mag! I have never seen such a good deal at any other car loan provider.

Thomas L
— Gauteng —

February 2020

I’ll never use another vehicle loan provider. Car Mag really went the extra mile for me.

Brian H
— Port Alfred —

CARmag.co.za Contact

Physical Address

  • 93 Mill Street, Strand Cape Town Western Cape 7139 South Africa
  • Get Directions

Opening Hours

  • not available