Bidvest Bank
Toll number: 0860 111 177
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ESTIMATED RUNNING COSTS

Obtain an estimated cost of running a particular vehicle
Estimated running costs
Price of vehicle (incl. VAT)
Engine capacity (e.g. 1800)
cc
Payment Period (in months)
Estimated total kms p.a.
Interest rate
(Current Prime rate = 9.00%)
*Balloon payment %
i
(Refer to the Maximum Balloon Payment schedule below)
Calculate
Balloon payment value due at end of contract
Fixed costs
Finance repayment
Insurance
License
Variable costs
Fuel
Repair and maintenance
Tyres
Estimated total running costs
  • Whilst vehicle running costs differ from one make and model to another, the above estimates serve merely as a guide to project running costs based on the captured engine capacity and purchase price.
  • Bidvest bank does not warrant that these estimates will be accurate for all circumstances.
  • * A balloon payment is a lump sum payment due at the end of the contract term. A balloon payment is applied to a loan contract and reduces the monthly repayments. The balloon payment amount, if any, is chosen by the customer.
  • Although not all running costs will occur monthly, the total costs have been divided equally to reflect an average monthly cost to assist with projecting cash flow.
  • Estimated running costs are based on national average statistics.
Maximum Balloon Payments
Months
 
% of vehicle list price
12
45%
24
40%
36
35%
48
30%
60
25%
72
15%
Maximum Balloon Payments
Months
 
% of vehicle list price
12
45%
24
40%
36
35%
48
30%
60
25%
72
15%
Foot
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Bidvest Bank Limited is a licensed financial services provider and a registered credit provider, NCRCP17. The only valid Bidvest Bank websites are www.bidvestbank.com and www.bidvestbank.co.za. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - these sites are fraudulent. Please report any such site to fraudsquad@bidvestbank.co.za.