Buying a Car in Kenya? Here's What You Need to Know About Financing & Trade-Ins (Without the Jargon)

Marketing Peach

— 3 min read
Buying a Car in Kenya? Here's What You Need to Know About Financing & Trade-Ins (Without the Jargon)

Let’s face it: cars aren’t exactly impulse buys-unless you're a billionaire or have just inherited a hefty chunk from an unknown great aunt or uncle. For most of us, getting a car takes planning, saving, and probably a prayer or two. That’s where car financing comes in.

And if you’re thinking financing is only for people with perfect credit and six-figure salaries-relax. At Peach Cars, we’ve made it our mission to make car ownership actually doable. No mystery. No math Olympics. No brokers whispering, “niko na shylock najua anaweza kusort”

Here’s how it works, the real talk version.

Can’t Pay Cash? Haina noma. Peach’s Car Financing Is Here for You.

We know cars aren’t cheap. But walking is even more expensive kwanza in this hustler nation of ours where you need to be in 5 places back to back with unpredictable weather. That’s why thousands of Kenyans choose to finance their dream cars.

We’ve partnered with over 20 of Kenya’s most trusted banks, credit firms, microfinance institutions, and new-school digital lenders to offer flexible, accessible financing options for all kinds of buyers.

Whether you’re self-employed, CRB-listed, buying a slightly older car, or just need a top-up to close your deal-chances are, we’ve got a financing partner that fits.

Introducing Phoenix Capital: Flexible Financing for the Real You

Our newest financing partner, Phoenix Capital, is flipping the script. Their approach is a breath of fresh air for buyers who don’t tick all the “traditional” boxes.

Here’s why Phoenix might be your plug:

  • CRB Listed? No worries-they don’t check.
  • Buying a 1999 Toyota Prado? No problem-they finance cars from as far back as 1998.
  • Need a Top-Up? They offer extra cash even if you already have a loan running. Because sometimes, life needs a little boost.

This kind of flexibility is exactly what many Kenyan car buyers have been waiting for.

Our Other Amazing Financing Partners

We’ve built an all-star roster of lenders to meet you wherever you are financially:

  • Major Banks: Equity, KCB, Co-op Bank, DTB, Absa
  • Credit Institutions: Ngao Credit, Situ Credit, Progressive Credit, Milhan, Nirvana
  • Microfinance & SACCOs: SMEP, Unaitas, Tower
  • Fintech Wizards: Umba, Aspira, Bees, Bayes, Incredo
  • Vehicle-Specific Lenders: Autochek, LOLC

Each has different perks: some process loans faster, others accept smaller deposits, and a few are extra-friendly to small business owners.

💡Peach Tip: We’ll help you compare all these options so you get the best deal for your budget, needs, and future plans - let’s talk!

Have a Car Already? Trade It In!

Most Kenyans don’t realize this, but yes-you can trade in your current car at Peach Cars. That beat-up but beloved Premio or Noah sitting in your driveway? It could be your down payment on something sleeker.

Here’s how it works:

1. Tell Us What You Have

Share your car’s make, model, year, mileage, and condition. Bonus points if you still have the original logbook.

2. Get a free pre-sale inspection with Peach Insight

Use our AI-powered valuation tool to get a price estimate based on 100,000+ market data points. It’s like having a car whisperer on your phone.

3. We Inspect It

Our team gives your car a proper once-over-engine, interior, tyres, and paperwork. No guesswork, just facts.

4. We Make an Offer

We explain exactly how we landed on the price. If you’re happy, we subtract that amount from the price of the Peach Car you want. Boom-your budget just got lighter.

5. Drive Off Like a Boss

Sign over your old logbook, get your new keys, and hit the road. No stress, no strangers calling at 10pm asking “gari bado iko?”

The Peach Promise: Simple, Transparent, Reliable

At Peach, we’re not just in the business of selling cars-we’re in the business of helping Kenyans move forward. Whether that means helping you afford a Vitz for your new hustle, upgrading to a Noah for the family, or just making sure you don’t get conned by a random “cousin” on Facebook Marketplace-we’ve got your back.

Ready to Finance or Trade In?

  • Want to apply for car financing with flexible terms?
  • Curious how much your car is worth?
  • Want to skip the middlemen and buy from a trusted source?

👉 Head over to www.peachcars.co.ke👋 Or stop by and talk to our team in person. We’ll walk with you, every step of the way.

Peach Cars - Where Kenya Moves with Confidence.

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