Finance

A big part of driving and enjoying your GWM is ensuring that you get the best possible vehicle financing. Don't fret, we are here to assist. Whatever GWM vehicle you pick, brand new or pre-owned, we'll help you own your dream. From calculating your repayments to offering you sound advice - don't let the numbers come between you and a GWM!

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Vehicle purchase price calculator

Calculator inputs
Monthly repayment:
Deposit:
Term:
Interest rate:
Balloon amount:
Vehicle price:
Price including Balloon:
Balloon %:

Help

The vehicle purchase price calculator will assist you in calculating the value of a vehicle that you could buy based on a specified monthly repayment.

Select the amount you want to pay each month and then use the sliders to vary the rate, term and balloon payments by sliding the buttons to the left or right. The loan amount is calculated as soon as you release the slider.

You can move your mouse over the small info boxes next to each option to get a description of that option.

Use the sliders to change values in the textboxes.

Move your mouse over the small info boxes for additional information.

Disclaimer

All calculations made on calculators supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions. All information regarding the products, fees, rates and/or costs which are included in and form a fundamental basis of the calculations are subject to change at any time prior to a final pre-agreement quote being handed to the User. The User indemnifies GWM Finance against any loss or liability, which the User may suffer as a result of the use of any calculator. The site and all information provided on this site and the services provided on this site, are provided "as is". The information provided on this site should not be treated as professional advice of any kind.

Monthly Repayment
The monthly repayments refers to the amount which is paid to the bank every month.
Term
The term refers to the number of months over which the loan will be repayed. The maximum repayment period is 72 months.
Interest rate
The percentage annual interest rate applicable to the transaction.
Balloon payment
A balloon payment is an inflated payment at the end of a contract. The customer is solely responsible for the balloon payment and at the end of the agreement has certain options that include: settle the account in cash, dispose of the vehicle and settle the account, or re-finance the payment at the banks discretion. Whilst a balloon payment has the effect of reducing the monthly instalment, total interest paid can be higher and therefore vehicles should be financed with the lowest balloon payment possible.
Loan amount
The loan amount refers to the amount that will be financed by the bank.
Loan including Balloon
The loan including balloon is the amount that can be purchased for, taking into account the addition of the future value of the balloon lump sum.
Balloon %
The balloon percentage is the balloon lump sum payment expressed as a percentage of the finance amount.
Deposit
A deposit is an amount paid by the borrower, to reduce the finance or loan amount required. A deposit is not always required when financing a motor vehicle.

Vehicle repayment calculator

Calculator Inputs
Bank Fees and Insurance Options
Purchase price:
Monthly admin fee:
Total value of extras:
Once-off initiation fee:
Deposit:
Include CPP:
Finance amount:
Include Coverplus:
Term:
Interest rate:
Balloon %:
Balloon amount:
Basic repayment:
Admin Fee:
Insurance products:
Monthly repayment:
Interest paid:
Total paid:

Help

The vehicle repayment calculator helps you calculate the monthly repayments you'd have to make for a given vehicle loan and loan terms. You also have the option of calculating the cost of typical finance fees and insurance products.

Start by specifying the purchase price of the vehicle you are interested in buying. Then use the sliders to vary the extras, deposit, rate, term etc. by sliding the buttons to the left or right. The new repayment will be re-calculated as you release the slider.

To add insurance products to your deal, simply select the product you are interested in by ticking the checkbox next to it. You can move your mouse over the small info boxes next to each option to get a description of that option. Additional useful information will be displayed when you select certain options, such as the balloon % and insurance products.

Use the sliders to change values in the textboxes.

Move your mouse over the small info boxes for additional information.

Disclaimer

All calculations made on calculators supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions. All information regarding the products, fees and/or costs which are included in and form a fundamental basis of the calculations are subject to change at any time prior to a final pre-agreement quote being handed to the User. The User indemnifies GWM Finance against any loss or liability, which the User may suffer as a result of the use of any calculator. The site and all information provided on this site and the services provided on this site, are provided "as is". The information provided on this site should not be treated as professional advice of any kind.

Purchase price
The purchase price refers to the price of the vehicle, including VAT, excluding the optional extras and deposit.
Total value of extras
The total value of extras refers to the value of all optional extras, including VAT, that are to be included in this finance agreement. Examples of extras include radio/CD player, mag wheels, sunroof.
Deposit
A deposit is an amount paid by the borrower, to reduce the finance or loan amount required. A deposit is not always required when financing a motor vehicle.
Finance amount
The finance amount is the amount that will be financed by the bank and is the amount used to calculate the monthly instalment.
Term
The term refers to the number of months over which the loan will be repayed. The maximum repayment period is 72 months.
Interest rate
The percentage annual interest rate applicable to the transaction.
Balloon %
The balloon percentage is the balloon lump sum payment expressed as a percentage of the finance amount.
Balloon payment
A balloon payment is an inflated payment at the end of a contract. The customer is solely responsible for the balloon payment and at the end of the agreement has certain options that include: settle the account in cash, dispose of the vehicle and settle the account, or re-finance the payment at the banks discretion. Whilst a balloon payment has the effect of reducing the monthly instalment, total interest paid can be higher and therefore vehicles should be financed with the lowest balloon payment possible.
Basic repayment
The basic repayment refers to the amount which is paid to the bank every month, including the admin and initiation fees if selected, but excluding any insurance products.
Insurance products
The monthly amount payable on selected insurance products. This monthly amount excludes any annual or term insurance options.
Monthly repayment
The monthly repayment refers to the amount which is paid to the bank every month, including the admin and initiation fees if selected, as well as any selected insurance products.
Interest paid
The interest paid refers to the total interest that will be paid on the deal if it runs for the full term.
Total paid
The total paid refers to the total amount (including interest and capital) that will be paid on the deal if it runs for the full term.
Monthly admin fee
The monthly admin fee is a compulsory monthly bank fee that is charged for the administration of an account in terms of the National Credit Act.
Initiation fee
The inititation fee is a compulsory once-off bank fee that is charged when opening a new account in terms of the National Credit Act. The initiation fee can be financed as part of the loan (this is generally the case), or paid separately.
Customer Protection Plan (CPP)
CPP settles your outstanding loan balance in the event of your death, permanent disability or certain dread diseases. It also provides limited cover in the event of temporary disability and retrenchment.
Coverplus
Coverplus offers you shortfall insurance covering the difference between the insurance company payout (market value) and the balance still owing to the bank.

GWM South Africa (Pty) Ltd reserves the right to alter any details of specifications, equipment and pricing without notice. All prices quoted include VAT, unless otherwise stated. No guarantee is given regarding the accuracy of information within this site. Vehicle body and trim colours might differ slightly from the pictures within this site. Please check model availability and full specification details with your GWM dealer prior to ordering. Neither GWM South Africa (Pty) Ltd nor the GWM Dealer network can accept contractual responsibility for your reliance on the information contained within this site.