Rating based on 25 reviews

ABSA Vehicle Finance

  • Car finance up to R350,000
  • Low-interest up to 14%
  • Repayment up to 60 months

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ABSA homepage
Author ABSA. Screenshot of ABSA website.
[Accessed January 23, 2023]

About ABSA

Absa Bank has been one of South Africa's most trusted financial service providers in the last nearly three decades, serving a total of over 5 million customers.

Throughout the decades Absa has expanded operations into various financial fields and set up branches all over the African continent.

The Absa offices

Currently, Absa Bank has over one thousand branches across the African continent, and they employ more than forty-two thousand staff members who are all exceptionally well trained and eager to provide their customers with the service and products they deserve and need. Their goal is simple, to help their African customers reach their financial goals in the simplest way possible.

Easy-to-use interactive website

At Absa Bank, they pride themselves on being innovative and providing their customers with the simplest and easiest experience whenever they need to make use of their services. As one of SA's foremost direct lenders, they work hard to innovate their services. Their ATMs are state of the art and able to assist existing customers with nearly everything they could require. Additionally, their website offers existing and potential customers a platform that is easy to use, informative and a service that allows customers to compare various products and services and help them determine what is the best option for their banking and other financial needs.

ABSA Services

Absa is an authorised and registered financial services provider and they are able to cater to all of your financial needs.

Whether you need a new transaction account for day-to-day use, assistance getting your first home, advice and capital to start your own business or if you require a loan Absa is always available.

Experts in the field

At Absa, they have a dedicated staff of experts who are available to all of their customers. Their experts can assist you in your personal financial planning, starting a business or helping you fill out the particulars to secure a loan. Their experts can be reached in any one of their many branches nationwide during office hours, or customers can log onto their website and log a query, after which one of their agents will be in touch.

Loans and financing

With Absa, their customers can be sure that they will get the best service and rates on loans and financing options available. Their customers are able to use their website platform to compare loan options and work out what their affordability is before applying for a loan. Having information on all available options and knowing your affordability rating makes the loan application process much smoother.

ABSA – Car loan

  • Loan Type Car finance
  • Interest Rate 14%
  • Loan Amount up to R350,000
  • Repayment 30 days to 60 months

Benefits of ABSA

  • Competitive interest rates
  • The best loan deal for your needs

Car loan calculator

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

At Absa, they want to make life as simple and convenient as possible to their clients

Whether you wish to open an account, apply for a loan or get car finance, everything is available at the touch of your fingertips.

Otherwise, customers are always welcome to come into any branch and speak to their consultants.

Basic requirements for your financing

In order to apply for the financing you need to meet the following requirements so that your application may be processed and has the highest chance of success:

  • You need to be 18 years or older.
  • You need to be permanently employed earning a stable salary.
  • You need to be able to present three months of bank statements and payslips.

Should you meet the above requirements, feel free to submit your online application and a consultant will call you back with the outcome of your application. Alternatively, visit your nearest Absa branch and take all of your required documentation with you and a consultant will assist with your application.

Get in touch with them today

Should any of their customers require further information or any assistance, they can be reached either in the branch, telephonically, via email, or through the contact their option on their website.

man holding thumbs up

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

August 2019

I have been a client with Absa since my parents opened my first account when I was a child. When the time came for me to buy a car, I knew I didn’t have to look for a car loan anywhere else. Absa...

Zukiswa K
— Port Elizabeth —

February 2019

I was very pleased when I found out I was able to organise car finance all online while sitting at a coffee shop. Very quick and easy I could not have asked for more.

Janet M
— Krugersdorp —

ABSA Contact

Physical Address

  • 180 Commissioner St, City and Suburban Johannesburg Gauteng 2001 South Africa
  • Get Directions

Opening Hours

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