We are currently closed as per the national lockdown. For information on Covid-19, please visit www.sacoronavirus.co.za
Read more on what services are still available from REEDS
Please also remember that our website is constantly monitored so you are welcome to complete online enquiries and the appropriate person will respond as soon as possible.
Finance at REEDS
REEDS Motor Group offers efficient car finance service. We have a professional team of financial consultants. They will find the best product for your needs. Financial applications are a very personal process. We recommend that you contact your closest REEDS branch. This is the best way to get assistance. Our expert financial consultants are standing by. We also offer advice on insurance.
We have many flexible financial products. This includes car financing without a deposit. This is a good option for buyers that don’t have lost of ready cash. Terms and conditions apply. Control your repayments with a variable payment period. We don’t charge you for a finance application. Our consultants will help you through the process. We can also help you get the best insurance deal. REEDS offers these services on both new and used cars. Your financial consultant can advise you on the best options.
We have a finance calculator on this site. Use it to get an idea of monthly instalments. Please note this is just an estimate. Your final rate will depend on your personal finances. Current accounts and risk profile plays a role. You can also apply for a fixed or variable interest rate.
Car Finance FAQ
Who should I contact once my application is in process?
You will be assigned a finance consultant. They will guide you. Once your finance is approved, they will be in touch.
Can I trust them to get me the best deal?
Our finance consultants are professionals. The National Credit Act & Financial Service Providers have certified them. Every finance application is handled with care. It is our best interest that you get a good deal.
Who do I contact for general info on finance and insurance?
Your finance consultant can answer all your questions.
Can you assist me in arranging insurance quotes?
Yes, we can. We work closely with SA’s best-value Insurance providers. Ask your salesman or finance consultant about insurance options.
What happens after I submit my finance application?
Your loan officer will immediately begin the underwriting process. We will let you know as soon as we hear from the financial service provider.
What documentation will I need?
- ID
- Valid driver's license
- Positive proof of income (latest payslip, and 3 months' bank statements)
- Proof of residential address
Are there any up-front costs?
No.
I don’t have much cash for a deposit. Can I still get a loan?
Yes, we work with lenders who offer vehicle finance with as little as 0% deposit. Contact us today. Or fill in the form below, so we can get in touch with you.
What is my interest rate?
The interest rate you get depends on your financial profile. This includes your current creditors and risk profile. Different finance institutions will also offer slightly different interest rates. You can also apply for a fixed or variable interest rate.