Rating based on 11 reviews

Auto Trader – Car loans

Updated

  • Low-interest starting from 7.25%
  • Car loans up to R250,000
  • Repayment up to 72 months

In-page navigation


Auto Trader homepage

Author Auto Trader. Screenshot of Auto Trader website. [Accessed February 27, 2020]

About Auto Trader

For nearly thirty years AutoTrader has been serving the South African motor vehicle market, bringing buyers and sellers together.

At AutoTrader, we started our journey with a mandate, which was to deliver the highest quality service to our clients. Over the years many things at AutoTrader may have changed but our commitment has not.

Our company history

AutoTrader started out in 1992 as a print publication, as time has passed we have grown and in 2017, we made a complete switch from being a print publication to a purely digital platform. Today, AutoTrader is one of the most well-known names in the automotive market and we see over five million visits each month on our online platform.

Apply online today

At AutoTrader, we have evolved with the times, and as such, we have developed our online platform which hosts over seventy-six thousand vehicles, to be compatible on all mobile and desktop devices. Currently, over 70% of South African motor dealerships are advertised on AutoTrader, with more and more joining every month.

Hosting such a large spectrum of dealerships ensures that no matter where you are and what you are looking for, AutoTrader will be able to assist you.

What Auto Trader can offer you

At AutoTrader, we offer more than just a platform for people to buy and sell motor vehicles. Additionally, we provide an array of other services, namely:

Car finance

At AutoTrader, we can help you secure the car loan you need to purchase your dream vehicle. With a simple loan application process and easy to manage monthly repayments getting a vehicle has never been easier.

The finance calculator

One of the most useful services we offer at AutoTrader on our online platform is our reliable finance calculator. This calculator allows you to add in the amount you wish to borrow and select the repayment period. By doing this you will get a breakdown of costs including how much you will be repaying in interest and what your total monthly repayment will be.

Car insurance

Once you have selected your dream vehicle you may want to insure it and we would certainly recommend doing so. Instead of needing to reach out to another organisation AutoTrader makes things simpler by providing a service that can sell you insurance as soon as you would like. Be sure to make use of this one-stop-shop offer.

Auto Trader Product Details

  • Loan Type Car loans
  • Interest Rate from 7.25%
  • Loan Amount up to R250,000
  • Repayment 12 months to 72 months

Get the vehicle you want and the finance for it on one website

At AutoTrader, we value transparency and pride ourselves on giving our clients the most reputable options and all relevant information they would need before deciding to purchase a particular vehicle.

One of the ways in which we do this is through our vehicle check option which allows buyers to have a look at any car listed on our site's service history. This lets buyers know exactly what they are in for.

How to apply for vehicle finance with AutoTrader

When you select a car for purchase the dealer who is listed as the seller will usually go through the particulars with you and discuss specific terms and conditions. However, when you are considering purchasing a car and require financing it is important to note that you will need to meet specific requirements for any financing application to be considered.

Some of these requirements include:

  • You need to be 18  or older.
  • You need to possess creditworthiness. In order to be creditworthy, you need to have a clear credit rate. This rating will inform credit providers of you can be considered a reasonable risk applicant to whom they can offer a loan to or not.
  • You need to have disposable income. Most finance providers require that applicants who apply for any kind of financing have at least 30% of their after-tax salary available as disposable income. Should your monthly repayment work out to be more than that 30%, it is most likely that your finance application will be turned down.
  • A stable and steady income. Unfortunately for those working freelance or solely off commission, you may have a much harder time securing financing for a car.
  • For those who do not meet these requirements entirely, do not fear you have another option - you could get someone to co-sign the loan application or stand in as surety.

So what are you waiting for, make the move to secure your dream car today with AutoTrader, South Africa's largest automotive marketplace?

Variety of automotive products

One of the lesser-known facts about AutoTrader is that we sell much more than just regular new or used cars, in fact, we are happy to inform our clients that we also stock bikes, trucks, tractors, vans, boats, caravans and much more. Additionally, AutoTrader is not only a place where shoppers can buy vehicles from car dealerships, but we also have an array of privates buyers and sellers who make use of our site.

Customer Reviews & Testimonials

October 2019

Thanks to AutoTrader I finally have my own bike and it has made getting around so much easier.

Unathi F
— Polokwane —

October 2019

I was able to sell my car easily and quickly on AutoTrader to a gentleman in the Eastern Cape. Great service and experience.

Susan K
— Johannesburg —

Auto Trader Contact Details

Physical Address

Opening Hours

  • 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 – Closed
  • Sunday – Closed