How to finance your first car

We’ve got all the details you need to finance your first car

You’ve done the maths and worked out a realistic budget. You’ve done your research and have several models in mind. But how do you go about financing a car, and how do you finance a car that you want to buy privately?

Select your vehicle

When you buy with RCS Car Finance you’ll only be offered vehicles through its selling partners that have completed stringent third-party checks. Its cars are all private-to-private sales, and the best part is that you don’t even have to deal with the individual selling their car, unless you want to.

RCS Car Finance will handle all the paperwork and make sure you are paying the right price for the car you want to buy.

Preapprove your loan

To find out how much you qualify for, simply fill in a form online with RCS Car Finance.

What paperwork will you need?

RCS Car Finance offers vehicle financing on privately sold pre-loved cars. To apply you will need:

  • To be 18 years or older
  • A South African ID document
  • Proof of income: either bank statements or three months of payslips

Consider it SOLD

The car of your dreams is in sight and you’ve been preapproved for finance, all online. You just need to complete the financing paperwork. Thank you, technology.

Although RCS Car Finance runs stringent checks on all cars, you have the option to take out additional warranties against any hidden defects. For peace-of-mind motoring, you can buy an additional Warranty Extender and Service Plan, which will cover you for unexpected parts failure and the regular services you need.

Are you currently looking to buy a car? Do you want RCS to help you find, check and finance your car?

RCS is a registered credit and authorized FSP. NCRCP38/FSP44481


Image: iStock

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