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Bank how and when you choose to, with the low fees or extra benefits you want.
Credit cards

Shop online or instore and earn rewards for it, with up to 55 days interest-free credit.
Digital banking

Enjoy anytime-anywhere banking from your computer, cellphone or tablet.

Switch to Nedbank

See the quick and paperless way to switch your salary or debit orders.
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Protect yourself against the latest schemes and scams.
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Buy foreign banknotes, transfer funds or shop globally with a travel card.
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Manage your money like a pro and get rewarded. Epic deals, discounts and more.
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Grow your money
Accounts

Great interest rates, with great flexibility and access to your money when you need it.
Investment services

Access the best in local and international wealth management solutions.
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Everything you need to trade online, or with the help of an experienced broker.
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Achieve your goals
Personal loans

Personalised interest rates for affordable loans from R2,000 to R300,000.
Home loans

Loan up to 100% of the property value or up to 105% if you are a first-time home buyer.
Student loans

Unlock your potential with a full- or part-time student loan from Nedbank.
Overdrafts

Add an overdraft to your account for instant access to credit when you need it.
Vehicle finance

Planning on buying a car? Easily apply for MFC vehicle finance in 5 steps.
Solar finance

Secure affordable renewable energy while helping South Africa shift to green energy.
Explore Borrow
Protect what you love
Life cover

Up to R2 million life cover to take care of your family when you no longer can.

Funeral cover

Choose a plan for yourself, family or build your own cover to suit your needs.

Short term insurance

Get cover for your car, building, house contents, valuables and more.

Credit Life

Cover your bond, credit card, overdraft, loan and car repayments.
Travel insurance

International travel insurance with free 24-hr emergency assistance.
Is your business covered?

Secure Investments

Choose a plan for yourself, family or build your own cover to suit your needs.

Explore Insure
Plan your wealth
Financial planning

Take the right steps to achieve your financial goals with expert financial planning.
Estate, wills & trust services

Plan for everything you own and owe, so your estate is in order when you’re gone.

Nedbank Private Wealth

Get the private wealth banking experience with customised solutions and rates.

Speak to a financial adviser

Structure, grow, protect and transfer your wealth with the guidance of an expert.

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Blog

Buying a home, opening a new account or need to save? Let our experts guide you.
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Find the contact details you need, for guidance, complaints or debt assistance. We are here to help, by phone or email.
Find us

Get directions to your nearest branch, ATM or foreign exchange branch.
Explore Contact us
Back
Bank

Accounts

Bank how and when you choose to, with the low fees or extra benefits you want.

Credit cards

Shop online or instore and earn rewards for it, with up to 55 days interest-free credit.

Digital banking

Enjoy anytime-anywhere banking from your computer, cellphone or tablet.

Switch to Nedbank

See the quick and paperless way to switch your salary or debit orders.

Fraud awareness

Protect yourself against the latest schemes and scams.

Forex

Buy foreign banknotes, transfer funds or shop globally with a travel card.

Rewards

Manage your money like a pro and get rewarded. Epic deals, discounts and more.
Back
Save & Invest

Accounts

Great interest rates, with great flexibility and access to your money when you need it.

Investment services

Access the best in local and international wealth management solutions.

Share trading

Everything you need to trade online, or with the help of an experienced broker.
Back
Borrow

Personal loans

Personalised interest rates for affordable loans from R2,000 to R300,000.

Home loans

Loan up to 100% of the property value or up to 105% if you are a first-time home buyer.

Student loans

Unlock your potential with a full- or part-time student loan from Nedbank.

Overdrafts

Add an overdraft to your account for instant access to credit when you need it.

Vehicle finance

Planning on buying a car? Easily apply for MFC vehicle finance in 5 steps.

Solar finance

Secure affordable renewable energy while helping South Africa shift to green energy.
Back
Insure

Life cover

Up to R2 million life cover to take care of your family when you no longer can.

Funeral cover

Choose a plan for yourself, family or build your own cover to suit your needs.

Short term insurance

Get cover for your car, building, house contents, valuables and more.

Credit Life

Cover your bond, credit card, overdraft, loan and car repayments.

Travel insurance

International travel insurance with free 24-hr emergency assistance.

Is your business covered?

Secure Investments

Choose a plan for yourself, family or build your own cover to suit your needs.
Back
Plan

Financial planning

Take the right steps to achieve your financial goals with expert financial planning.

Estate, wills & trust services

Plan for everything you own and owe, so your estate is in order when you’re gone.

Nedbank Private Wealth

Get the private wealth banking experience with customised solutions and rates.

Speak to a financial adviser

Structure, grow, protect and transfer your wealth with the guidance of an expert.
Back
Learn

Blog

Buying a home, opening a new account or need to save? Let our experts guide you.
Back
Contact us

Talk to us

Find the contact details you need, for guidance, complaints or debt assistance. We are here to help, by phone or email.

Find us

Get directions to your nearest branch, ATM or foreign exchange branch.
  • Digital banking
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  • Earn R29,600 p/m or less? See offer
  • HomeVision extra funds
  • Home-buying Toolkit
  • Managing your home loan
  • Overdrafts
  • Vehicle finance
  • Solar finance
  • Individual R10,000
  • Individual R30,000
  • Family Cover
  • Build your own cover
  • Vehicle insurance
  • Building insurance
  • House contents insurance
  • Valuables insurance
  • Home loan credit life
  • MFC Vehicle Finance Assurance
  • Overdraft Assurance
  • Balance Protection Plan
  • Personal loan Assurance
  • Travel insurance
  • Is your business covered?
  • Guaranteed Growth Plan
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  • Give
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  • Will drafting
  • Ensure your estate is managed by an executor | Nedbank
  • Trust services
  • Financial accounting
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  • Leave the admin of your estate to us, and not to your loved ones | Nedbank
  • Nedbank Private Wealth
  • Speak to a financial adviser
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Need to resume your application?
Need to resume your application? Apply

 

Why finance your car with Nedbank?

You can buy any preloved car of your choice that’s between five and 20 years old

You don’t need to worry about balloon payments or paying a deposit

You’ll have up to 72 months to pay back the loan

Our approved dealers take care of all the paperwork when you apply

Use our car loan calculator to see what works for you

See if you can afford a loan for the car you want, with details on fees and insurance, and what you’ll pay in interest over the full loan term.
How much do you want to borrow?
R
What’s your preferred repayment term?

  • 6
  • 12
  • 24
  • 36
  • 48
  • 60
  • 72
Include insurance in your repayment? tooltip text
How much you’ll pay back each month tooltip text

R0.00

How much you’ll pay back in total tooltip text

R0.00

Example interest rate tooltip text

11.75%

29.25%

On average, South Africans will pay 18.75% to 29.25%. We’ll offer you an interest rate based on your payment history and risk profile.

See loan details
Apply now

Our calculation is only an example of how the interest rate and fees can affect your loan repayments. Although we do our best to give you accurate calculations, they will not be binding on us. To confirm the latest interest rate or fees, please visit your nearest branch.

Learn more about buying secondhand cars

See all

Calculate the total cost of your loan

A personal loan sounds like a great way to buy today what you can only afford tomorrow. After all, why save until next year for that dishwasher, if you can buy it on special today?

By Staff writer

Published 29 Jul 2022 in nedbank:blog/loans

Read
3 mins
card icon

Calculate the total cost of your loan

A personal loan sounds like a great way to buy today what you can only afford tomorrow. After all, why save until next year for that dishwasher, if you can buy it on special today?

Staff writer

Published 29 Jul 2022

Read
3 mins

5 smart ways to protect your car’s resale value

Some handy tips to help you get a better price when it’s time to sell your car or trade it in.

By Staff writer

Published 20 Feb 2023 in nedbank:blog/cars

Read
4 mins
card icon

5 smart ways to protect your car’s resale value

Some handy tips to help you get a better price when it’s time to sell your car or trade it in.

Staff writer

Published 20 Feb 2023

Read
4 mins

Why was my car loan application declined?

When to improve your credit record, or apply for more affordable vehicle finance.

By Staff writer

Published 20 Feb 2023 in nedbank:blog/cars

Read
3 mins
card icon

Why was my car loan application declined?

When to improve your credit record, or apply for more affordable vehicle finance.

Staff writer

Published 20 Feb 2023

Read
3 mins

4 reasons car insurance is a cost worth paying

When you take out a loan to buy a new or used car, here’s why you need insurance.

By Staff writer

Published 13 Mar 2023 in nedbank:blog/cars

Read
3 mins
card icon

4 reasons car insurance is a cost worth paying

When you take out a loan to buy a new or used car, here’s why you need insurance.

Staff writer

Published 13 Mar 2023

Read
3 mins

Buying a car: Vehicle finance or a personal loan?

If you have the option, weigh up the pros and cons before deciding what to choose.

By Staff writer

Published 08 Jun 2023 in nedbank:blog/cars

Read
4 mins
card icon

Buying a car: Vehicle finance or a personal loan?

If you have the option, weigh up the pros and cons before deciding what to choose.

Staff writer

Published 08 Jun 2023

Read
4 mins

What you need to know about your credit score

You may think you have more to worry about, but don’t ignore your credit score.

By Staff writer

Published 27 Jul 2023 in nedbank:blog/credit-scores

Read
2 mins
card icon

What you need to know about your credit score

You may think you have more to worry about, but don’t ignore your credit score.

Staff writer

Published 27 Jul 2023

Read
2 mins

How our loan
process works

Step 1
Step 2
Step 3
Step 1
start-application
Visit an approved dealer

Call 0860 300 400 for approved dealers near you to find the car you want.

Step 2

card icon
Ask for a Nedbank personal loan

We’ll offer you a loan for the secondhand car. If you’re happy, sign, and the dealer will do the rest.

Step 3

get-approval
Collect your car keys

Once your loan has been approved, you can go and get your car.

Find a car dealer near you

Call 0860 300 400 to find an approved dealer in your area.
If you're buying through private sale or have found your own dealer, try a personal loan instead.
How much could a personal loan cost?
This is a representative example of what you can expect to pay.
Loan amount
R50,000 borrowed over 60 months
Monthly instalment amount
R1,923.47
Monthly service fee
R69
Total amount payable
R115,408.20
Annual maximum interest rate
29.25%
Maximum annual percentage rate
34.05%
Initiation fee
R1,207.50
Physical address 135 Rivonia Road, Sandown, Sandton, 2196, South Africa

See pricing guide for 2023