Rating based on 23 reviews

Hippo Loans

Updated
  • Car finance up to R200,000
  • Low-interest starting from 24.75%
  • Repayment up to 72 months

Table of Contents


Hippo homepage
Author Hippo. Screenshot of Hippo website.
[Accessed December 9, 2022]

About Hippo

If you’re in search of vehicle finance but just don’t have the time to search the internet for hours, then Hippo is the answer.

Introduced to South Africans in 2007, Hippo was the first comparison website in the country.

What is a comparison website?

A comparison website is a platform that finds you multiple quotes for the product or service you need. This enables you to quickly compare the options from a range of different companies offering the same service. This saves you hard-earned money and valuable time.

Access vehicle finance in a flash with Hippo

When you’re in need of vehicle finance, Hippo will help you access and compare finance options that suit your specific needs. The comparison service offered by Hippo allows you to make one application and receive multiple quotes. You can view and compare the options side-by-side and choose the financing that suits your budget.

Hippo uses innovative technology

Hippo understands that searching the internet for a service like vehicle finance can be time-consuming. They came up with their innovative and up-to-date comparison service to simplify your life. This service is offered to you free of charge.

Hippo’s partners are charged a fee whenever a customer chooses one of their products or services. This enables Hippo to continue offering South Africans an intelligent, time-saving service.

Hippo is part of a well-established network

Hippo is a part of Telesure Investment Holdings or TIH. They own and manage many major insurance brands in South Africa.

Some of these include:

  • Dialdirect
  • First for Women
  • Virseker
  • Budget Insurance
  • Auto & General

Hippo is also part of the international BGL Group that owns comparison websites all over the world. These websites include Compare the Market Australia, and Easy Compare in Thailand, just to mention a few.

Hippo Services

The service offered by Hippo is user-friendly and convenient.

Their comparison website lets you search for quotes on anything ranging from insurance, accommodation, medical aid, and a range of online loans. Whatever your needs are, Hippo can help you find the most competitive deals.

Search vehicle finance tailored to your needs

When you’re ready to purchase a vehicle, there are many factors to consider. Every individual situation is unique and Hippo makes your search easy by giving you access to various vehicle finance solutions.

Calculate affordability with Hippo’s calculators

The vehicle finance amount you’ll qualify for will depend on your financial profile. This is made up of your income and expenses, the deposit amount available, and your credit score.  

Before you start your search for a new vehicle, you can utilise the finance calculator on Hippo’s website. This will give you an estimated idea of the amount of finance you qualify for. With a clearer loan indication, you can simplify your search even more.

When should you opt for vehicle finance?

There are many reasons why people opt for vehicle finance but the biggest reason is not having access to a large sum of money. Not everyone is in a position to purchase a vehicle in cash and therefore needs to look for financing options.

Getting finance on a vehicle allows you access to a vehicle immediately while you get to pay it off over an agreed-upon time.

There’s a contract that’ll stipulate the repayment schedule, interest payable, as well as your loan term. Vehicle finance is a popular way for people to become vehicle owners.

Hippo’s vast range of partnerships

Being a comparison website, Hippo has established long-lasting and trusting relationships with many finance, insurance, and leading service providers in the industry.

Hippo’s leading partners

  • ABSA
  • King Price
  • Momentum
  • Bonitas
  • Wesbank
  • BetterBond

Hippo’s partnerships with leading banking institutions enable you to find the best deals on the market.

Hippo – Car finance

  • Loan Type Car finance
  • Interest Rate from 24.75%
  • Loan Amount up to R200,000
  • Repayment 12 months to 72 months
  • Decision Same day

Benefits of Hippo

  • A wide panel of trusted lenders
  • Years of lending experience
  • Quotes in minutes

 Car finance calculator

R
Loan interest rates depend 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.

Secure competitively priced vehicle finance with Hippo

Before you continue to the application page, use the finance calculator for an estimate of what you could qualify for.

Finding vehicle finance with Hippo is easy. Their website is innovative and user-friendly. Below is a step-by-step guide to finding the best deal tailored to your needs.

Your 7-step guide to securing a car loan with Hippo

  1. Simply navigate to Hippo’s homepage and select the cars tab on the top bar.
  2. On the drop-down menu, select the vehicle finance option.
  3. This leads you to the quotation page. Enter your South African ID number to start the process.
  4. On the next page, you’ll enter only the information missing on your personal details page. This may include your physical address, email address, and cell phone number. When you’ve completed all the fields, click next.
  5. The following page will go into your finances in more detail. Information like income and expenses is needed. When you’re done, click next.
  6. You’re now directed to the page that requires information on the vehicle you’re looking for and how much finance you need. Complete all fields and click next.  
  7. Hippo will do a credit check and supply you with multiple quotes based on the information you provided in the application.
  8. You can now compare quotes and once you find a suitable finance option, click on the provider to further the process.

7 Reasons why you should use Hippo

  1. The service is free of charge
  2. You only complete one application
  3. Hippo finds you multiple quotes in minutes
  4. They offer a wide range of services
  5. Hippo is a trusted name in the industry
  6. Their website is user-friendly
  7. You save time and money

Time-stapped? – Choose Hippo’s comparison service

In today’s day and age, there’s not much time for standing in queues for hours on end with reams of paperwork. With innovative and up-to-date technology, Hippo can provide you with an online comparison service that’s safe and convenient.

The service is available 24/7, meaning you’re free to complete an application when the time suits you best. In the comfort of your home or office, you can complete the entire process in just a few minutes.

man holding thumbs up

Hippo is a trusted & reliable provider of car finance

In our review, Hippo 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.

✅ Hippo is a registered credit provider in South Africa: FSP16357

Customer Reviews & Testimonials

October 2021

Truly one of the best car loan companies with the best service. A five-star rating is well deserved.

Mike T
— Oudshoorn —

May 2021

They gave me good options to choose from, with details and recommendations. Their amazing service was a big help.

Sandra V
— Port Elizabeth —

August 2021

A company that truly cares. I will recommend Hippo to anyone who is looking for vehicle finance.

Christine R
— Cape town —

Hippo Contact

Contact Number

E-Mail

Website

Physical Address

  • Block A Steyn City Capital Park, Erling Rd Riverglen 2191 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 19:00
  • Tuesday 08:00 – 19:00
  • Wednesday 08:00 – 19:00
  • Thursday 08:00 – 19:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 13:00
  • Sunday – Closed