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Car Finance

Car Finance (Asset Finance)

Drive Your Dream Car Today

A person happily receiving car keys

Affordable Financing for Your Next Vehicle

Whether you're buying your first car, upgrading to a new model, or purchasing a vehicle for your business, our car finance solutions are designed to make ownership easy and affordable. We provide flexible and transparent financing options tailored to your budget, helping you get behind the wheel of your dream car faster.

View Our Cars

Key Features of Our Car Finance

  • Financing for both new and used cars
  • Loan amounts from KSh 100,000 to KSh 5,000,000
  • Up to 80% financing on the car's value
  • Flexible repayment period from 9 to 36 months
  • Quick approval process
  • Competitive interest rates from 2.5% to 7%
  • No CRB checks required
  • Partnerships with major car dealerships

What You'll Need

To get started with your car finance application, please have the following documents ready. This will help us process your application faster.

Application Requirements

  • Certified and verified current vehicle logbook (for the car being financed)
  • Copy of your National ID & KRA PIN
  • Six months of bank or M-Pesa statements
  • Proforma invoice for the vehicle being purchased
  • Comprehensive insurance quote (mandatory for loans above KSh 500,000)

Vehicles We Do Not Finance

Please note that to ensure the quality and security of our assets, we are unable to provide financing for the following types of vehicles.

  • Vehicles with corroded, rusty, illegible, or welded chassis numbers.
  • Salvaged or rebuilt motor vehicles.
  • Vehicles currently held in garages for major repairs.
  • Fully electric vehicles (EVs).
  • Prime movers such as tractors, bulldozers, and other special categories (wheel loaders are considered).
  • Vehicles with a forced sale value below KSh 300,000.
  • Vehicles with outstanding import duty.
  • Buses with a seating capacity above 33.
  • Repossessed vehicles or those in an auctioneer's yard.
  • Vehicles with foreign, parastatal, or ex-GK number plates.
  • Vehicles below 1000cc may only qualify for up to 50% of their value.
  • Vehicles manufactured in China or India.
  • Rare or exotic models (e.g., Jaguars, Mobius, Teslas).
  • Vehicles with registration series KAA-KAZ (unless it is a V8 model).

Persons We Do Not Finance

For regulatory and risk assessment reasons, we are unable to extend our financial services to the following individuals.

  • Disciplined forces and their spouses (e.g., Military, Kenya Police) unless retired.
  • Persons living with disability.
  • Prominent national politicians (e.g., MPs, Senators, Governors) while active in power. MCAs can apply.
  • Prominent lawyers.
  • Citizens of East African Communities (i.e., Rwanda, Tanzania, Uganda, Burundi, Congo, Ethiopia, South Sudan, Somalia).
  • Known fraudsters or individuals with a history of fraud.
  • Forex traders.
  • Persons convicted in a court of law who are out on bond or bail.
  • People living with chronic illness that may impair repayment ability.
  • Persons aged 65 years and above with no permanent source of income.
  • Residents of remote areas (e.g., Northern Kenya, Mandera, Wajir, Dadaab, Lamu).

Loan Costs & Fees

Transparent Pricing

We believe in full transparency. Here is a breakdown of the standard fees associated with our loan products. Please note that some fees may vary.

  • Registration/Membership Fee

    One-time fee for new members.

    Ksh 1,400

  • Tracker Fee

    Mandatory for vehicle security and monitoring.

    Ksh 14,000

  • Logbook Search & Entry (NTSA)

    For verification and placing a charge on the logbook.

    Ksh 1,000

  • Logbook Transfer

    Varies based on vehicle CC and the loan product.

    Ksh 6,000 - 9,000

  • Processing Fee

    Covers legal (2%), admin (2%), credit life insurance (2%), and appraisal (1%).

    7% of Principal

  • Risk Fee

    Applicable if the vehicle is too old for comprehensive insurance cover.

    2% of Principal

Our Simple Financing Process

1

Choose Your Car

Select a car from our inventory or any of our partner dealerships.

2

Submit Your Application

Provide us with the required documents for a quick credit assessment.

3

Drive Away

Once approved, make your down payment and drive home in your new car.

Frequently Asked Questions

Let's Get You on the Road

Ready to find the perfect car with a payment plan that works for you? Talk to our financing experts today.

Inquire About Car Finance

Contact Us

Have questions or want a quote? Fill out the form below and one of our experts will get back to you.