Rating based on 19 reviews

Hippo Loan

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

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

About Hippo

Hippo is a well-known South African company, and there’s a good reason for that.

Hippo has been supplying quality advice, finance, and insurance quotes across the country for years. Founded in 2007, Hippo was South Africa’s first online loan comparison site.

Before Hippo was created, people in SA actually had to call different companies and get all the details the labour-intensive way. Today, with their cutting-edge technology, they’ve revolutionized the online quote industry.

Hippo helps you find what you need

Their system is so advanced, they can prepare multiple vehicle loan quotes for you in a matter of minutes. The quotes are hand-picked to suit your specific personal needs.

Hippo achieves this feat with a quick review of your situation, which they use to determine exactly what you need.

Then you just pick the option you want, and sign! Depending on your needs, you can have money in your account in a matter of hours.

What exactly does Hippo do?

Hippo covers many different branches of finance and insurance.

They have car, home, and life insurance plans available. They deliver finance quotes in many categories including personal, vehicle, and home loans.

Each loan is tailor-made to fit the client’s income and lifestyle. This is something Hippo is careful with, as they want every client to know that they care about their individual needs.

Hippo Services

Hippo began by providing insurance quotes for homes and cars.

As time went on, they expanded into a new area. Insurance, broadband, personal loans, and medical aid - you name it, they’ll help you get it.

This has helped them give customers what they deserve. They’re a trustworthy, unbiased company that puts you first. Hippo can help you finance your dream home, car, or holiday, and can provide insurance to go along with it.

Their panel of lenders and service providers is eagerly waiting to improve your life, all you have to do is sign up, complete an online loan application, and start comparing quotes!

Let’s talk vehicle finance

Hippo stands out because of its brilliant approach to vehicle finance. They have a wide variety of online loans and lenders who have options to suit every pocket. Whether you’re looking into a family sedan or the sports car of your dreams, they have what you need.

Hippo can even source vehicle finance for motorcycles and caravans! By financing your vehicle through one of their leading lenders, you can relax knowing that you will be getting fair repayment terms, at a low-interest rate. Hippo is here to help you get it right.

What can you expect from your repayments?

Hippo keeps things fair and affordable for its clients. Your repayment amount will be determined based on your upfront deposit, interest rate, and repayment term. But they’ll help you scour the market to help you keep these costs as low as possible.

Hippo – Car loan

  • 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

  • Quotes in minutes
  • A wide panel of trusted lenders
  • Vehicle finance up to R200,000
  • Competitive interest rates

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.

Hippo’s quotes are free, and the best part is, you only need your ID to apply!

They even have rent-to-own car loan options for the clients that would prefer that. Ultimately, they give you a hassle-free approach to vehicle finance, and to paying that finance off.

Applying with Hippo couldn’t be easier!

Hippo’s application process is as simple as it gets. You enter your ID number, and the system uses that to do a quick background check. You’ll need the following to qualify for the vehicle finance you apply for:

  • A valid RSA ID
  • Proof of residence
  • Proof of income
  • A valid driver’s license

The vehicle’s roadworthy certificate (on the day you sign your contract)

Once you have your documents ready, getting your car loan approved with your chosen lender will be a breeze! A few short checks later, you could be discussing the terms of your new vehicle loan.
While many other companies use outdated methods to find you what you need, Hippo stays on the cutting edge for your benefit.

Hippo’s conditions of approval

There are a few things Hippo checks first before providing you with quotes for a car loan. The two things that are of vital importance are:

  • The car’s age - Hippo doesn’t finance vehicles that are older than 10 years.
  • Car insurance - Most lenders on our panel will require you to have vehicle insurance as well.

Luckily, Hippo can put you in touch with the right people to help you with that. Once you’ve taken care of these two conditions, Hippo can have you driving in style in a few short days.

Many companies have a complicated process that will leave you waiting for ages to get your new car. Hippo outshines them all by helping you get what you need faster.

Hippo will have you driving along in your new car within the minimum time frame possible. If you have a clear credit record and earn more than R6500 a month, you could qualify. Just pop your ID number into the application box on the Hippo site, and they’ll deliver the quotes you need in no time at all!

Customer Reviews & Testimonials

August 2020

Hippo helped me find affordable finance for my car in a matter of hours. Great service.

Thinus K
— Nelspruit —

April 2019

Without Hippo, I’d probably still be paying off my car - but they got me the best deal.
Christine D
Port Elizabeth

Christine D
— Port Elizabeth —

March 2020

I’ve been using Hippo since they started and they’ve never let me down.

Bryan M
— Cape Town —

Hippo Contact

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