Absa Vehicle Finance – Get vehicle finance with Absa and get behind the steering wheel of your dream car. When you apply for Absa Vehicle Finance you will get assistance every step of the way from finding a car to getting up to 100% finance and vehicle insurance.
Absa provides different finance options and solutions to meet different finance needs of different individuals. If you are not sure which solution best meets your needs you can speak to a specialist and they will assist you with any questions you might have about Absa Vehicle Finance.
To find out how much you can afford you make use of their online calculator to see how much your monthly repayments will be.
Absa Vehicle Finance is available whether you are looking at buying a new or second-hand vehicle. If you are not sure whether to buy new or second hand their finance specialists will be able to assist you by discussing the pros and cons of each option. They will also tell you the benefit of choosing the benefits of putting down a deposit and they will explain the option of selecting the balloon payment option. If you wish to trade-in your old vehicle they will also be in a position to give you the best advice.
Absa Vehicle Finance Options
1- Instalment Sale Agreement – You own the vehicle while you are paying it off. The car belongs to you after you have paid it in full. You can choose fixed or variable interest rate. You can reduce your monthly payments by paying a deposit or choosing a balloon payment. A Credit protection plan is available.
2- Lease Agreement – You enjoy the use of the vehicle for the lease period. You have the option of buying the vehicle at the end of the lease period without any obligations. You can reduce your monthly payments by paying a deposit or choosing a balloon payment. Affordable Credit protection plan is also available.
3- Rental Agreement – You get to drive the vehicle of your choice without the hassles of ownership. You can choose a fixed or variable interest rate. A risk assessment may require you to pay a deposit upfront.
4- Islamic Vehicle Finance – You can enjoy access to a vehicle for a fixed period and price. At the end of the lease, you can buy the vehicle at an agreed price, nominate a third party to buy it or use it at a reduced or null rental fee
With all finance options you get access to Absa Online where you can view and monitor your outstanding balance and transaction history.
You also get an affordable Credit Protection Plan which will settle any outstanding balance in the event of death, disability or retrenchment. Application can be done online or you can visit your nearest Absa branch.
Absa Vehicle Finance Contact Details
For more information on Absa Vehicle Finance you can visit their website www.absa.co.za or you can call them on 0860 669 669 and for Islamic Car Finance you can call 0860 000 786.