Buying from a private seller

How will we assist you?

We'll help you to buy from a private person by:

  • Doing the administration, verification and re registration of the vehicle
  • Ensuring that the multipoint check and roadworthiness test are done by the seller
  • Ensuring that payment is made to the seller or other finance house
  • Ensuring that the vehicle has an existing warranty (or helping you to buy one)

What you need to note:

  • The seller must make sure that all outstanding licence fees and traffic fines are paid
  • Personalised number plates must be removed by the Seller before finalising the transaction
  • Once the new NaTIS document has been received, we'll send you a completed Application for Licencing of Motor Vehicle (ALV) form by email so you can licence your vehicle. Remember to licence your vehicle within 21 days of receiving the ALV

What will you need?

Buyer documents:

The buyer will be requested to upload or email copies of below documents to P2PNEWBUS@mfc.co.za

  • Completed Application Form - Apply Online
  • A copy of your valid South African identity card/document
  • A copy of the front and back of your South African drivers licence
  • Proof of your income, not older than 3 months
  • Salaried individuals - latest 3 months payslips
  • Commission earners - latest 3 months payslips and latest 3 months’ stamped bank statements. No internet bank statements will be accepted
  • Proof of residence, such as a utility bill, not older than 3 months
  • The vehicle details, the sellers name and surname and their cell phone number
  • Confirmation of fully comprehensive insurance cover on the vehicle being financed

Seller documents:

  • A copy of the front and back of your valid South African identity card/document
  • Proof of residential address registered in the seller’s name not older than 3 months
  • The settlement letter if the vehicle is financed
  • A copy of the vehicle registration document
  • If the vehicle is paid up:
  • The original vehicle registration document and signed notification of change of ownership (NCO)
  • Proof of purchase
  • Proof of banking details (cancelled cheque or bank statement)
  • To get a roadworthy certificate and a technical inspection report, first call us on 0860 111 159 or send an email to p2pnewbus@mfc.co.za to arrange an inspection at the nearest DEKRA or another MFC-approved vehicle inspection centre

You can:

  • Upload or email them during the application process or after you complete the application
  • For help with company deal applications, call us on 0860 111 159

Apply Online