To get finance through WeBuyCars you need a valid driver’s licence, your South African ID or passport number, and recent proof of income and bank statements, and the car must be one of the vehicles WeBuyCars finances. Finance is arranged through banks and is subject to approval and your risk profile, so the bank’s own requirements apply as well.
The rules below come from the WeBuyCars car finance page and its finance FAQs, read on 10 October 2026. WeBuyCars publishes no minimum credit score.
Eligibility Requirements at a Glance
- Online finance is open to South Africans and foreign nationals. You need a valid driver’s licence and your SA ID number or passport number to apply online.
- A buyer in their own name who is a South African citizen applies online. Companies, trusts and CCs, and non-citizens, email an application to [email protected].
- If you buy under finance terms, you need a driving licence. (For a cash purchase you do not need one to buy, but you need a learner’s or driving licence to register the car.)
- Only vehicles marked Category A on the WeBuyCars floor can be financed. Category B vehicles do not qualify for vehicle finance.
- Finance is offered on selected vehicles and auction deals only.
If the manufacturer’s warranty has expired, or expires within 6 months of purchase, you must either buy the WeBuyCars warranty or prove that you hold a third-party policy that is active for at least 12 months from purchase and gives at least R20 000 cover for major component failure.
Income and Affordability Requirements
WeBuyCars asks for proof of income and bank statements, and the bank decides whether the instalment is affordable. Under the National Credit Act the credit provider must assess your repayment history and your existing financial means, prospects and obligations before granting credit. A credit agreement is reckless if that assessment was not done, or if the lender went ahead although the information showed you would be over-indebted.
The National Credit Regulator says providers must verify income. For a salaried person that is the latest three payslips, or bank statements showing the latest three salary deposits. For a self-employed or informally employed person it is three months’ bank statements or the latest financial statements. Discretionary income is gross income less tax, UIF, maintenance and all other payment obligations.
As an example of a lender’s thinking, Nedbank’s MFC says that your instalments, compulsory insurance premiums, fuel, licensing and maintenance must all fit within your disposable income. See Nedbank’s guide to car financing.
Credit and Financial Requirements
Finance is subject to approval and your client risk profile, and WeBuyCars says it is available through all major banks. It does not state a minimum credit score. Blacklisted clients can only buy a vehicle for cash; WeBuyCars does not offer tailored finance for them.
A deposit is not compulsory at WeBuyCars: its vehicles can be bought without one, but the bank may require a deposit on finance deals. Your own finance must be paid out before delivery.
You can inspect your credit bureau file free of charge once in any 12-month period, so check it before you apply. Credit providers must be registered with the National Credit Regulator once they pass its thresholds, and you can search the NCR register of credit providers.
Documents and Verification Required
For a South African buying on finance, the WeBuyCars buying FAQ lists:
- A completed and signed application form (individual or company)
- A copy of your ID
- A copy of your valid driver’s licence
- Your latest 3 months’ payslips
- Your latest 3 months’ stamped bank statements
- Proof of physical address not older than 3 months
Only original documents or certified copies are accepted. Self-employed applicants need additional documents, so ask the finance team what to bring.
A foreign national buying on finance must supply:
- A clear copy of your passport with the original work permit
- A valid driver’s licence (an international licence needs finance-house approval and a letter from the insurer at delivery)
- A signed employment contract
- Your latest 3 months’ payslips
- Stamped bank statements for the last 3 months showing your salary (internet statements are not accepted)
- Proof of address not older than 3 months
- Your spouse’s ID if you are married in community of property
- Traffic register
How to Apply and Improve Approval Readiness
Apply online with your driver’s licence and ID or passport number, or email [email protected] if you are a company, trust, CC or non-citizen. Check the car’s category before you set your heart on it, because only Category A vehicles can be financed. If you want a Category B vehicle, WeBuyCars points to a Capitec personal loan for the full price or to top up a cash deposit.
- Gather the documents above before you apply, with certified copies where needed
- Check your credit file and correct any errors first
- Budget for the extra charges on financed vehicles: licence and registration of R2 450 for vehicles below 3.5 tons (VAT not applicable) and a delivery fee of R4 200 including VAT, which covers readying the car including roadworthy and inspection
- Ask the bank about initiation and service fees, which may apply per bank
- Compare the total cost of credit and not only the monthly instalment
WeBuyCars arranges the roadworthy and registration for financed vehicles. The latest charges are on the car finance page.
Frequently Asked Questions
Does WeBuyCars finance cars?
It offers finance on selected vehicles through banks, and finance is subject to approval and your risk profile. Category A vehicles can be financed and Category B vehicles cannot.
Can I get WeBuyCars finance if I am blacklisted?
WeBuyCars says blacklisted clients can only buy for cash. No minimum credit score is stated, so ask the finance team how your record will be assessed.
Do I need a deposit?
Not at WeBuyCars: its vehicles can be bought without one. The bank may still ask for a deposit on a finance deal.
Can a foreign national or a company apply?
Yes. Foreign nationals can apply online with a passport number and a valid driver’s licence. Companies, trusts, CCs and non-citizens email an application to [email protected].
What are WeBuyCars finance requirements for a self-employed person?
WeBuyCars says self-employed applicants need additional documents without listing them. The National Credit Regulator’s standard is three months’ bank statements or the latest financial statements, so ask the finance team for its list.
Charges and conditions change, so confirm them with WeBuyCars and the bank before you sign. See our loan requirements guide and browse all finance and funding requirements.