Very few people are in the enviable position of being able to buy a car for cash. Most of us can only afford a vehicle by borrowing money from a financial institution and paying them monthly at an agreed-upon rate.
People just do not feel like going through the hassle of having to visit a bank in order to arrange financing after they have decided on the vehicle of their choice, so let’s do it on your behalf.
We make financing easy as pie
Getting finance really can be painless. We have two in-house finance managers on our premises whose sole purpose is to help you get the best finance available. Our dedicated WesBank finance manager sees to the needs of all our customers who opt for WesBank finance, while our independent finance manager represents MFC, Absa, and Standard Bank.
What needs to be considered before your finance application can be approved
To qualify for finance you, as the lender, need to meet a few criteria.
They are relatively simple.
- You must be over the age of 18 to legally sign a contract.
- You must either be a South African citizen or a permanent resident of the country.
- You must have a valid driving licence.
- You must have a relatively good credit score.
- You must earn at least R6 250 per month.
- The car must be purchased from a dealership that is approved by that particular financial institution.
- The vehicle must be worth at least R30 000.
One of our finance managers will take you through the entire process and explain all the relevant details to you in a totally transparent manner. They will submit your request for finance and inform you of the result immediately after being notified.
Once your application is approved, all relevant documentation will be completed and explained to you. Feel free to ask questions if you need clarity. Answering your questions is part of their job.
Once the process is completed, we see to it that the vehicle is registered in your name. It is as easy as that. Keep in mind that financial institutions insist that a vehicle has comprehensive insurance cover before the new owner takes possession. This protects both you and them in the event of an accident, total loss, and liability for a third party’s loss or damages.
You are important to us
Besides buying and selling vehicles, we deal with people. Our customers are our biggest asset. Because of this, our aim is to ensure 100% customer satisfaction. Give us a call, visit us, or contact us online. Our team of dedicated professionals is always standing by to help answer all questions.