Owning a car in South Africa is more than just a convenience, it’s often a necessity for work, family, and everyday life. Yet for many people, getting vehicle finance through a bank is nearly impossible. If you’ve been blacklisted, are self-employed, or don’t have a credit history, traditional lenders often turn you away. Rent-to-own offers a simple, fair, and flexible alternative that helps thousands of South Africans drive again.
What is Rent-to-Own?
Rent-to-own, also known as rent-to-buy, is a way to get a car without needing a bank loan or a perfect credit score. Instead of applying for finance, you rent the car for a fixed period and then have the option to own it at the end of the agreement.
With No Finance Cars (NFC), there are no interest charges, no balloon payments, and no hidden costs. The amount you pay in month one is exactly the same as what you’ll pay in month fifty-four.
How the Process Works
- Apply Online or In-Person — Start by applying at nfc.co.za/apply or visiting your nearest NFC branch. The application is quick and simple, no bank checks, no long waiting periods.
- Meet the Minimum Criteria — You need a valid SA ID and driver’s licence, proof of residence, proof of income of at least R15,000/month (or R60,000 turnover if self-employed), and a R12,500 deposit.
- Get Approved Based on Affordability — NFC looks at your current financial situation, not your credit record. If you can afford the monthly payments, you can get approved.
- Choose Your Vehicle — NFC offers a wide range of new and pre-owned vehicles, from city hatchbacks to business-ready bakkies. All vehicles go through rigorous quality and safety checks before delivery.
- Sign, Pay, and Drive — Sign the rent-to-own agreement, pay your deposit, and drive away. Your monthly payment remains fixed for the entire period, no surprises, no interest, no penalties.
- Enjoy Full Flexibility — Upgrade or downgrade after 18 months, terminate at any time, and drive without mileage limits. Roadside assistance and accident or theft protection are included throughout.
- Own the Car — After completing your 54-month term, you take full legal ownership of the vehicle. The car is yours.
Why South Africans Are Choosing Rent-to-Own
Rent-to-own gives you control, stability, and an opportunity to rebuild your financial future.
- No Credit Checks — Approval is based on affordability, not your credit score or past financial history.
- Fixed Monthly Payments — You always know exactly what to expect, month one to month fifty-four.
- No Interest or Balloon Payments — What you see is what you pay. Every rand goes toward your car.
- Flexible Terms — Upgrade, downgrade, or cancel at any time after 18 months.
- Peace of Mind — Roadside assistance and accident protection are included in every agreement.
Who Qualifies for Rent-to-Own?
You qualify if you meet the following criteria:
1.
Income
R15,000+ net/month (or R60,000 turnover if self-employed)
2.
Driver’s Licence
Valid South African driver’s licence
3.
Deposit
R12,500 deposit required at signing
4.
Documentation
Proof of income and proof of residence
Vehicles Available Through NFC
From city runabouts to commercial workhorses, there’s a vehicle for every need and budget:
Toyota Vitz
City hatchback
Corolla Cross
Compact SUV
Nissan Magnite
New crossover
Honda BR-V
Family SUV
Nissan NP200
Work bakkie
View the full NFC vehicle range here.
Why Choose No Finance Cars?
Direct Dealing
Customers deal directly with NFC, no middlemen, full transparency and support at every stage.
National Coverage
Branches across South Africa with dedicated Relationship Agents to guide you through the process.
In-House Workshop
Experienced technicians and free labour on your first service, keeping your vehicle in top condition.
50,000+
South Africans helped. No Finance Cars, the easiest way to get yourself a car or bakkie in South Africa.
Rent-to-own is the most accessible way for South Africans to get a car without facing the barriers of bank finance. It provides freedom, financial control, and a clear path to ownership. Whether you need a family car, a work vehicle, or a fresh start after financial challenges, No Finance Cars offers a proven, trustworthy solution.
Apply today and start driving.
Apply online or call 011 826 6262 to speak with a consultant.