South Africa enjoys a liberalized motor vehicle industry. This industry has over the years developed into a global giant for the manufacturing and export of vehicles and components. Many of the major multinational firms use South Africa to source components and assemble vehicles for the local and international markets. One of the automobile manufacturers to have found home in South Africa is Volvo.
Volvo is a Swedish automobile manufacturer with headquarters in Gothenburg. Established in 1927, this automobile giant is a manufacturer of sport utility vehicles, station wagons, sedans, compact executive sedans and coupes. In order to assist millions of people with the buying power, Volvo introduced its financial services division offering finance.
This financing package ensures that client needs are met. Using a very advanced online platform, customers can calculate instalments, determine affordability, apply for finance, sign contracts digitally and manage accounts online.The financing option offered from Volvo is the instalment sale.
Instalment sale implies that the asset is sold to the client and payment of the purchase price is made by customer in instalments over an agreed term. Ownership however can only pass to you once you have paid all the amounts due in terms of the agreement. Repayment periods run between 12 to 60 months or longer depending on customers personal needs and financial profile.
Contact regarding this finance can be contacted on 0861137137.