+27 87 350 7960     enquiries@mycarloan.co.za

Vehicle Refinance

Let us help you free up some much needed cash

  • Need extra cash for ever-increasing household expenses?
  • Are your current vehicle finance instalments too high?
  • Have your financial circumstances improved?
  • You may be able to refinance your vehicle and free up some cash!

Vehicle Refinance FAQ

Vehicle refinance is taking out a new loan on the car you currently own. If you have an existing finance agreement we would settle your account and you would now have a new loan agreement with a lower monthly repayment. If you own your car outright, the cash for your car would be paid directly to you.

By refinancing your car you can obtain a loan at a much better interest rate than unsecured or personal loans. This translates to lower monthly instalments and, ultimately, more cash in your pocket!

No. Our lenders only accept vehicles younger than 10 years.

Yes there is. Please apply for a new loan and we will hunt for the best rate with your improved credit profile.

  • Clear copy of identity document
  • Clear copy of drivers licence
  • Last 3 months payslips
  • Last 3 months stamped bank statements
  • Latest proof of residence (not older than 3 months)
  • An updated roadworthy certificate for your car

Mycarloan.co.za is an online initiative of Leyton Financial Services (Pty) Ltd trading as F&I Solutions. F&I Solutions is an authorised financial services provider and has been providing dealer F&I services since 2008. The company registration number for F&I Solutions is 2008/003965/07.
F&I Solutions is a member of the Independent Dealer Association and can be found in the Find a Member section of their website, www.ida.co.za.

Address: 179 Dr Pixley KaSeme (West) Street, Durban| Phone: +27 87 350 7960| Fax: +27 31 368 4617|Email: enquiries@mycarloan.co.za