Absa Vehicle Finance – Various Asset Finance Options Offered

Absa Vehicle Finance – various asset finance options offered

Absa bank is one of the big four banks in South Africa. For a number of years the institution has been providing quality financial products and services to South Africans. One of these services is Absa Vehicle Finance.

Absa offers a comprehensive range of vehicle and other asset finance options that are designed to get you moving while offering you the most ideal solutions for your needs.

If you are looking for vehicle finance you need to know what type of solution will suit your needs and budget.

Instalment Sale Agreement:

This solution is ideal if you want to own the car while paying it off. This type of offer is quite flexible, as you can reduce payments by choosing a balloon payment. This payment option is not available for cars older than five years.

Repayment plans can be spread out between 24 and 72 months, while you are also able to choose a fixed or variable interest rate.

There are no penalties charged for the early settlement of car loans less than R250 000.

Lease Agreement:

With this agreement, you are able to benefit from lower, affordable monthly payments and you can also change vehicles when you reach the end of your lease term or before. Lease Agreement allows you to enjoy the complete use of your car without the hassles of ownership for the term of your lease.

You are also extended an offer to buy the car at the end of the lease term.

With 24 o 72 months to pay, there are no penalties for early settlement of the car loan.

Rental Agreement:

With a Rental Agreement from Absa Vehicle Finance, you have full and continual use of your car without ever owning it. This may be ideal for when you need to use an expensive vehicle, but you don’t want to buy it. There are fixed monthly payments, so you don’t have to worry about any surprises.

To contact Absa Vehicle Finance, call: 0860 669 669

 

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