- Car finance up to R300,000
- Low-interest starting from 11%
- Repayment up to 72 months
[Accessed January 23, 2023]
With over 25 years of experience in vehicle finance, Motorlease provides a secure and safe platform for individuals who prefer to buy or sell vehicles privately.
They ensure that you're protected every step of the way. Motorlease provides the best service possible through their qualified, passionate, and dedicated team of personnel that are ready to attend to your vehicle finance needs.
Safe and secure process for private sellers and buyers
Motorlease protects both the seller and the buyer. This ensures a simple, secure, and safe process.
They can facilitate transactions between companies, individuals trusts as well as deceased estates.
They offer peace of mind to the buyer by doing essential security checks on the intended vehicle to ensure they’re safeguarded.
Motorlease also offers peace of mind to the seller as they’re guaranteed payment and transfer of ownership.
This peace of mind is essential when dealing with strangers as is often the situation when buying or selling a vehicle.
They do the hard work for you
At Motorlease, they’ll submit your vehicle finance application to multiple leading banks on your behalf.
This will allow you to compare multiple bank offers and decide on the best finance deal for you.
There’s no pressure to make a decision and you can review the offers in the comfort of your own home.
While their offices are situated in Cape Town, they offer their services nationwide. Services extend to finance for trailers, boats, caravans, jet skis, and motorcycles.
Owning your dream vehicle or leisure vehicle is a few steps away with their secure buying and selling platform.
Applying for vehicle finance online is simple and quick.
They only have to assess your income and expenses to determine that you can comfortably meet all your financial commitments.
Motorlease is a registered credit provider in terms of the National Credit Act and they adhere to strict financial regulations for your protection. Unfortunately, they’re unable to finance blacklisted clients with bad credit.
Making it easy every step of the way
Buying a vehicle privately is an easy process with Motorlease. You simply source a vehicle from an individual.
Once you find the vehicle you want to buy, all you have to do is complete their simple and easy online loan application. This should take no more than 20 minutes. As soon as you’re approved, they’ll contact you to discuss the best car loan deal for your needs.
They’ll send an assessor to inspect the vehicle you intend to buy. This is to ensure that the vehicle is in a financeable condition and is registered in the name of the seller. They've all heard horror stories of people buying vehicles that are not legitimate. Their services ensure you won’t fall into a trap.
When the signed and supporting documentation is received from the seller, you’ll sign the finance contract with the bank of your choice. As with all car finance, comprehensive insurance is required.
They’ll assist you in this regard to ensure the best possible cover for your needs. Warranties can also be arranged and are highly recommended.
Payment to the seller is guaranteed. Once the seller receives proof of payment, the handover of the vehicle is arranged. They would facilitate the handover at a place and time that is convenient for both parties.
Motorlease will register the vehicle in the buyer's and the bank's name and also facilitate licensing. They’re there to make buying a vehicle privately an easy and hassle-free process.
Motorlease – Car loan
- Loan Type Car finance
- Interest Rate from 11%
- Loan Amount up to R300,000
- Repayment 24 months to 72 months
Benefits of Motorlease
- Affordable car loans
- Leisure finance
Car loan calculator
The application form is available for download on their website.
To validate approval, they’ll need the following documents:
- Completed online loan application
- Valid South African ID
- Valid South African driver's license
- Proof of income. This can be in the form of three most recent payslips and three month's certified bank statements
- Proof of address no older than three months
- If applying for finance on a boat, we need a valid Skipper’s license.
Finance can also be arranged for non-South-African citizens with permanent residence.
The requirements the vehicle needs to meet
When searching for the vehicle you want to purchase, keep in mind that there are certain requirements.
- They'll need positive proof of ownership of the vehicle
- Each bank has its own qualifying guidelines, but the vehicle should be less than ten years old
- A valid license disc at the time of transfer
- Valid roadworthy certificate
- Valid Buoyancy certificate and certificate of Fitness if the vehicle is a boat.
Where can I buy a vehicle?
Motorlease facilitates vehicle finance for private sales. This means a private transaction between a seller and buyer, without the involvement of a dealer.
This could be someone you know or a stranger. Online platforms such as Gumtree and Autotrader are especially helpful.
Customer Reviews & Testimonials
Excellent service and assistance. Would never go through the hassle of a private sale again without professional assistance.
— George —
I was pleasantly surprised at how easy it was to buy my dream toy. The boat I always dreamed of.
— Riversdal —
I was always afraid of buying a private vehicle because of all the scams. Motorlease made it an easy and stress-free experience and I got a much better deal privately than at a dealership.
— Kokstad —
- 242 Main Rd, Diep River Cape Town Western Cape 7800 South Africa
- Get Directions
- 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 09:00 – 13:00
- Sunday – Closed