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Car Finance Rates 2024 South Africa. The south african reserve bank’s (sarb) monetary policy committee (mpc) has cut interest rates by 0.25 basis points (bp) with the repo rate as of 20 september 2024 pegged at 8.0% and the prime lending rate at. To see how fixed and linked rates reflect on a monthly.
Using wesbank’s fiance calculator, the average south african car purchaser would save r51 monthly on car repayments with the 25 basis point cut in interest rates. Car finance calculator use our calculators to work out how much you can afford to spend each month on car instalments, estimate your monthly repayments, and check the purchase price.
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