Services & Tools

Be Finance-Ready Before You Buy

Buying a car is exciting – and having a clear picture of what you can afford makes the process smoother. We strongly recommend getting pre-approval or an affordability check from your own bank or financial institution before engaging with a dealership.

Doing this first helps you:

• Understand your realistic budget and monthly repayments.
• Have a backup in case the dealership's financing doesn't go through.

TIP! Even if you plan to finance through the dealership, pre-qualification gives you confidence and can speed up the approval process.

How to Use These Tools

Below are links to major South African banks' vehicle finance calculators and pre-approval tools. These tools are provided by the banks themselves and are meant to guide you.

MyNewCar SA (Pty) Ltd does not provide financing and is not responsible for decisions made based on these tools. Always confirm terms directly with the bank or finance provider. Clicking these links will take you to third-party websites. Each provider has their own terms and privacy practices, so always review those carefully before submitting any personal information.

ABSA

Nedbank

Standard Bank

iMas

Wesbank

Quick Checklist Before You Apply

• Know your monthly budget.
• Check your credit score if possible.
• Gather necessary documents (ID, proof of income, proof of address, payslips/bank statements).