Calculate your estimate
Enter the exact CC shown on the vehicle logbook. RUBIX automatically applies the correct financing band.
How the estimate is calculated
RUBIX adds financing interest equal to 15% of the original vehicle price. This interest is included in the total hire-purchase price; it is not a separate payment due after the daily instalments. The calculator subtracts the applicable deposit from that total, then divides the remaining balance by the daily repayment for the selected CC band.
The estimated number of instalments is rounded up to a whole daily-payment period. The final instalment may be adjusted to clear the remaining balance exactly. Your final schedule is confirmed in the written agreement.
Formula: Total hire-purchase price = approved vehicle cash price × 1.15. Balance after deposit = total hire-purchase price − deposit. Estimated repayment days = balance after deposit ÷ daily instalment, rounded up.
Example: For a KES 1,000,000 vehicle in the 600cc–800cc band: 15% interest is KES 150,000; total hire-purchase price is KES 1,150,000; after the KES 25,600 deposit, KES 1,124,400 remains. At KES 380 per day, the estimate is 2,959 daily instalments.
Understand the figures behind your estimate
The calculator gives you an early view of the figures associated with the vehicle price and engine-capacity band you select.
Vehicle price
Enter the asking price of the specific vehicle you are considering. The office will carry out its own valuation before confirming an approved value. The 15% financing interest is calculated on the approved cash price.
Deposit and daily amount
The calculator uses the deposit and daily repayment associated with the selected engine-capacity band to estimate the amount to be paid over time.
Indicative duration
Estimated days equal the hire-purchase price less the deposit, divided by the daily instalment. The result is rounded up; the final instalment may be adjusted. Your signed agreement contains the final schedule.
What happens after you calculate?
Use the estimate as a starting point when you speak with the RUBIX team. The office will review the vehicle, confirm whether it can be financed and explain the applicable terms. Once you have the approved figures, review the agreement carefully before signing.