Car financing in Kenya: Hire Purchase and Microfinancing.
Choose a car you like, then spread the cost. Carmart Mombasa offers two financing options on select cars, with up to 36 months to pay.
Two ways to finance
Pick the plan that fits your budget.
Hire Purchase
- Pay a deposit, from 40% of the price on select units, then spread the balance over up to 36 months.
- A fixed monthly finance charge applies, set by the category of the vehicle.
- Best when you want the longest repayment period and predictable monthly payments.
Microfinancing
- Spread the balance over up to 24 months.
- A rate of 2.4% per month applies.
- Best when you want a shorter repayment period and less time in debt.
How it works
From choosing a car to knowing your payments
Choose your car
Browse the cars for sale, or tell us your budget and what you need.
Message us on WhatsApp
Send us the car you like and say which method interests you, Hire Purchase or Microfinancing.
Get the numbers for that car
We confirm the deposit and the monthly payments for that exact vehicle, so you know the full cost before you commit.
See it before you decide
Get a live WhatsApp video walkaround, or visit our showroom on Haile Selassie Avenue, opposite Quickmart, Mombasa.
Before you apply
Good to know
- Financing is offered on select units, not every car.
- Deposit and monthly payments are confirmed for each vehicle before you commit.
- Always confirm payment details by phone before you send money.
- Our cars are foreign used, with first registration in Kenya.
Questions
Financing questions buyers ask
What deposit do I need to finance a car?
On select units, hire purchase deposits start from 40% of the vehicle price. The exact deposit depends on the car, so message us the vehicle you like and we will confirm it.
How long can I take to repay?
Hire Purchase runs for up to 36 months and Microfinancing for up to 24 months. The right period for you depends on the car and your budget.
What is the difference between Hire Purchase and Microfinancing?
Hire Purchase uses a fixed monthly finance charge based on the vehicle category and allows up to 36 months. Microfinancing uses a rate of 2.4% per month and allows up to 24 months. We can compare both for the car you want.
Is financing available on every car?
Not always. Financing is offered on select units, so check the car you like with us on WhatsApp before you plan around it.
Can I get financing if I live outside Mombasa?
Message us on WhatsApp with your town and the car you want, and we will tell you what is possible and how delivery would work.
How do I pay safely?
Only pay into Carmart Mombasa's official account, and confirm the payment details by phone on +254 711 832 043 before you send any money. We never share payment details from any other number.