BIB Finance

Confidential, Secure Financing
BIB Finance

Apply for Vehicle Finance

Apply for Vehicle Finance Quickly and Easily Online

What sort of experience have you had in the past with vehicle finance? Was it an easy process for you, or did you spend a great deal of time trying to manage applications with multiple institutions?


For some, the process is simple. For others, it can be a gruelling one. When you apply for vehicle finance, there is usually a period of nail biting, stressing, and worrying while you wait for the proposed outcome.

Was your application accepted or rejected? And if it was rejected, which bank will you apply with next? It can be a very stressful and time-consuming process, but it can be avoided. The hassle and time often associated with vehicle finance applications can be relieved if you choose to work with a reliable loan company, such as BIB Finance.

When you apply for vehicle finance with BIB Finance, your application is sent to all major banks. This means that you provide your information once, and the professional financial team at BIB Finance will get in touch with banks like Absa, Nedbank (MFC), Standard Bank, and WesBank. Working with us means that you do not have to go through an affordability assessment with each of these banks, which immediately saves you a great deal of time and frustration.

What do you need when you apply for vehicle finance with BIB Finance? While we like to keep things simple, there are still requirements when applying for a loan with us. Make sure that you are fully prepared when applying for a vehicle loan and the process will be a lot simpler. It is best to keep in mind that BIB Finance is not a loan shark. We do not cut corners and make unrealistic promises to our customers. We must handle your application in accordance with the regulations set out by the NCR (National Credit Regulator). You will need to provide us with your personal particulars, as well as supporting documentation, which we will need to verify. The documents that we require include the following:

  • Proof of permanent employment (we will need the last three payslips).
  • Three months’ bank statements to support your affordability assessment.
  • A copy of your ID document and a copy of your driver’s license. You cannot purchase a car on credit if you do not have a driver’s license.


Providing these documents will help you enjoy a swift loan application process.

When you apply for vehicle finance, it is important to be logical and reasonable in your approach. Many people get caught up in the excitement of purchasing a new car, and the thought of affordability flies out of the window. Simply taking on a vehicle finance deal, because you want a car badly, without considering whether you can afford the monthly repayments, could end in disaster.

To avoid nasty financial surprises, it is best to spend only a quarter of your disposable income each month. Remember that you will also need to pay for monthly insurance, as well as ongoing maintenance and fuel for your vehicle. These are expenses that can put a great deal of strain on a budget, especially if it has been overlooked.

At BIB Finance, we take each application very seriously. If there is anything required by the banks we work with, we will ensure that we request it from you, and will professionally handle all the back and forth for you. We take on the stress and strain of the loan application for you, and ensure that you get to drive away in the vehicle of your choice, without developing a negative impression of vehicle loans.

If you are in the market for a new car, and cannot afford to pay for it cash, you will need to apply for vehicle finance. We welcome you to complete one of our online applications, or get in touch with us, so we can assist you with an application. For those who want to discuss the process with one of our friendly consultants, we recommend that you give us a call during business hours or drop us an email when it is convenient for you. Let us get you into the driver’s seat of your dream car. Apply for vehicle finance with BIB Finance today.

Apply for Vehicle Finance.