Car paid off?
Refinance Your Paid-Off Car in South Africa
Unlock the cash equity in your vehicle and keep driving it. We submit your finance application to the banks for you.
✓ You keep and drive your vehicle
✓ Finance through 5 major South African banks
✓ You pay nothing upfront
Get a free paid-off car refinance quote
NO DEBT REVIEW APPLICANTS · NO ACTIVE JUDGMENTS · CREDITWORTHY INDIVIDUALS
Paid-Off Vehicle Refinance – Equity Cash-Out
Your car is paid off, so its value is yours. When you refinance a paid-off car, you release that value as cash. You pay a normal monthly instalment to the bank.
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You Keep & Drive Your Asset
You retain full possession — we never take, store, or hold your vehicle.
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Normal Bank Finance
Asset finance through 5 major South African banks, at standard asset rates.
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Not a Personal Loan or Pawn Scheme
Structured, bank-backed finance with lower rates and longer terms.
Still paying off your vehicle? See restructure vehicle finance or balloon payment refinance.
What can you refinance?
We refinance these vehicles, whether paid off or partially paid off.
Cars, SUVs & Bakkies
Motorcycles
Caravans & Camping Trailers
Utility Trailers
We refinance personal vehicles only. We do not refinance trucks or commercial vehicles.
How to refinance a paid-off car
Four steps from application to cash.
1
Apply online
Send your documents with your application.
2
We go to the banks
We submit your application to 5 major South African banks.
3
Accept your quote
Once you accept, your vehicle needs a roadworthy certificate and a multipoint check.
4
Sign and keep driving
You sign the bank's finance agreement and receive your cash. Your vehicle stays with you.
Documents you need to refinance a paid-off car
✓ Valid SA ID
✓ Valid driver's licence
✓ Proof of income
✓ Proof of address
✓ NATIS / RC1 registration document
Your NATIS must show the same owner and title holder. Vehicle in a company's name? That's fine — we also need the company's BRNC.
Do you qualify?
✓ Clear credit record with no judgments
✓ Credit score of 620 or higher
✓ No vehicle repossessions
✓ Not under debt review, and not applied for it
✓ Minimum monthly income of R8,500
✓ Vehicle 2010 model or newer, in roadworthy condition
You pay nothing upfront. Creditworthy applicants only — credit checks apply.
What our clients say about us:
Paid-off car refinance — frequently asked questions
Can I refinance my car if it's paid off?
Yes. A paid-off car has value you can release as cash through bank finance. You must be creditworthy, and credit checks apply.
How do I refinance a paid-off car?
Apply online with your documents. We submit your application to 5 major South African banks. Once you accept a quote, you sign the bank's agreement and keep driving.
Does my car need a roadworthy certificate?
Not to qualify. A roadworthy certificate and multipoint check are only needed once you accept your quote.
What if the owner and title holder on my NATIS are different?
They must be the same person. This is corrected at your licensing authority. Once it is fixed, you can apply.
Can I refinance a vehicle registered in my company's name?
Yes. You can move it from your company into your own name, or the other way round. We also need the company's BRNC (Business Registration Number Certificate) from the traffic department. Sole proprietors do not need one.
Do you refinance commercial vehicles?
No. We refinance personal vehicles only: cars, SUVs, bakkies, motorcycles, caravans and trailers. We do not refinance trucks or commercial vehicles.
My car is not paid off yet. Can I still refinance?
Yes. See restructure vehicle finance, or balloon payment refinance if a balloon is due.