Our Story

After 35 years with South Africa’s largest vehicle finance company, WesBank, one thing became clear to Chris: Financing and payment options haven’t kept up with how people actually use their cars.
 
Hire Purchase (HP) was built for a different era when people kept cars long enough to own them outright. Today, most drivers upgrade their vehicles every 3-4 years, long before their finance is paid off.
 
The result? Higher finance settlements, longer debt payment terms, and ownership that rarely becomes possible. 


“I was surprised to find that there were no viable alternatives available for clients who wanted something different, without being taken advantage of simply because they don’t want or don’t qualify for finance.” – Chris de Kock
 
We believe there’s a better way.
 
Instead of lengthy finance contracts, we focus on flexibility and have created a vehicle subscription model that is simple, transparent, affordable, and fair, giving customers a genuine alternative to traditional vehicle finance. 


One simple monthly payment covers everything: your car, maintenance, comprehensive insurance, vehicle tracking and more. No long-term debt, no hidden surprises, and the freedom to upgrade or hand back when your needs change.


In addition, for those who ultimately want to own a the vehicle, we have partnered with SuperGroup, one of South Africa’s leading dealer groups to established a clear pathway to purchase the car. Along the way, GoMonthly will help you build or rebuild your credit profile through consistent on-time payments and without the burden of excessive interest charges and lengthy terms. This gives you the future opportunity to re-enter the traditional credit market with a strong payment history, offering you greater financial flexibility.


We promise you a great experience, where you will get to drive a brand new car, feel comfortable going through the process and have no hidden costs to worry about.


Give us a try now!

 

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– Chris de Kock former CEO of WesBank.

Backed by Industry leaders

Old Mutual Insure

Old Mutual Insurance is built on a reputation of trust, with a track record stretching more than 170 years. Our mission is to provide true, trustworthy and cost-effective insurance protection. We partnered with GoMonthly, who we believe have a product that matches our values and offers substantial value to our customers who are in need of flexibility. – Donovan Massyn, Senior Strategic Partnerships & Business Development Specialist

Supergroup Dealerships

We are proud to be associated with GoMonthly, who have chosen us as their partner in the vehicle subscription market. We liked the ethical nature of their business and their determination to legitimise a sector that has a reputation for taking advantage of customers who cannot access mainstream finance. Like Super Group Dealerships, they are committed to building trust, giving customers a fair deal with no surprises and continually raising the standard of customer satisfaction. – Graeme Watson, CEO Supergroup dealerships 

Cartrack 

Cartrack is the leading vehicle tracking and telematics company in South Africa. We focus on driver safety and risk reduction for families and businesses, which provides peace of mind for our users. We are excited to have teamed up with GoMonthly, who we think have designed a product that will appeal to a broad range of South Africans who are looking for a trustworthy alternative to traditional car finance – Jaun Marais, Chief Sales Officer, Cartrack / Karooooo

“Not because people can’t afford a car, but because the system wasn’t built for them. We’re changing that.”

– Chris de Kock former CEO of WesBank.