Questions & Answers (FAQ):
Q: Are there any additional costs?
Yes. Additional costs include on-the-road charges, the bank’s initiation fee, and the bank’s service fee.
Q: Is a deposit required for finance?
A deposit is not always required. Eligibility and deposit requirements are determined by the bank’s credit assessment and scoring system.
Q: Are the vehicles inspected by an independent party?
Yes. All our vehicles undergo a 185-point check to ensure quality and reliability.
Q: Do you accept trade-in’s?
Yes, trade-ins are welcome and will be evaluated for fair market value.
Q: What are the requirements to qualify for finance?
Monthly vehicle affordability should not exceed 25% of your gross income. Applicants must provide valid client references and a valid driver’s license. Final approval is subject to the bank’s credit scoring and assessment process.
Q: Is insurance required for vehicle finance?
Yes. Full Comprehensive Insurance is required and must be in place upon delivery of the vehicle.
Q: What documents are required for vehicle finance?
Applicants must provide the following:
- ID Document
- Valid Driver’s License
- Proof of Income (Pay Slip or Bank Statements)
- Proof of Address
