Nedbank Vehicle Finance – Offering Simple Car Finance Solutions

Nedbank, one of the major banks in South Africa has a specialised vehicle finance division that is dedicated to making sure that clients have access to the ideal solutions for their needs. 

MFC is a division of Nedbank, previously known as Nedbank Vehicle Finance.

Offering fast, efficient and simple service, MFC has over 2400 approved dealerships. If you are looking for vehicle finance, you can benefit from MFC’s partnership with Imperial, Hyundai, Kia and Auto Pedigree.

The user-friendly site gives you access to handy calculators which will help you work out how much you can really afford. Application forms can be downloaded from the dealerships or you can download them from the MFC website.

Instalment Sale:

This type of credit agreement allows you to defer full payment of the vehicle. You are able to get your vehicle on a repayment plan that suits your budget and you can take ownership once it has been fully paid. Nedbank Vehicle Finance offers this solution to customers who would like to own their vehicle at the end of the term. Customers who choose this finance option are required to get compulsory comprehensive insurance cover.

Financial Lease:

This option lets you choose how and when to pay for your car. You have the option to take absolute ownership of the asset or to return the car and extend the lease for a further maximum term of 24 months. This option is ideal if you are more interested in leasing the vehicle for a period time, rather than owning it.

What documents do you need for Nedbank Vehicle Finance?

  • Valid South African ID copy
  • Copy of drivers’ licence
  • Proof of income
  • Proof of residence

Visit the MFC website here in order to benefit from Nedbank Vehicle Finance: www.mfc.co.za

 

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