Flexible Vehicle Financing Solutions Tailored to Your Needs
There are a number of ways to finance your car through Momentum Auctions (Pty) Ltd. The option you choose will depend on your financial goals and your lifestyle.
An In-House Finance agreement offers you a financial facility to have the vehicle of your choice financed by the company directly using In-house financing over a negotiated period and at an agreed interest rates.
Subject to clients with low credit score, blacklisted or under debt review. Negotiable based on price, make & model of vehicle.
Minimum 6 months to maximum 96 months financing period available to suit your budget and needs.
Market-related rates will apply. Choose between a fixed or a linked-interest rate option.
When the vehicle is paid up, you will receive documentation from Momentum Auctions. No need to visit traffic department - we handle everything.
Should your vehicle be for business use, refer to SARS for details on travel allowances, tax rebates and tax benefits.
Early-settlement option available. No penalty on small and intermediate agreements.
The balloon payment option offers the benefit of reduced monthly repayments, with a lump sum repayment (referred to as the balloon payment) at the end of the agreement period.
Maximum balloon facility: 35% (subject to year, make, model and finance period). Terms and conditions apply.
You have the following options:
Momentum Auctions (Pty) Ltd offers you the flexibility to select from one of two rate options:
The linked-rate option provides you with the potential benefits of fluctuating interest rates.
The fixed-rate option provides you with peace of mind in terms of fluctuating interest rates.
Score between 760 and 899: You are rated as "very good" and likely to receive better than average interest rates from finance houses with zero deposit.
Note: Different types of vehicles are classified as category (A) and category (B). Some are available for finance, although not from a zero slate.