Getting pre-approved vehicle finance is a simple way of ensuring that you’ll get a better idea of how much vehicle finance you can afford. In addition, it also helps to put you in a better bargaining position when you are negotiating with a dealership.
Types of Wesbank vehicle finance offered:
Buy from a dealership
Wesbank will help you to finance your purchase of a new vehicle when approaching a registered dealer. The bank will help you finalise the contract, insurance as well as delivery of your vehicle.
Buy a vehicle through a private sale
Wesbank will help finance your purchase of a vehicle from an independent, private sale.
Buy a leisure item from a dealership
Buy boat, jet skis, caravans or motorbikes from a dealership after getting Wesbank Pre-approved vehicle finance.
If you have a large balloon payment on your vehicle finance, you can apply to refinance the balloon amount if you are unable to settle it when your finance agreement expires.
How to get Wesbank Pre-approved vehicle finance:
Fill in an online application and get an instant answer. If your application has been approved Wesbank will contact you for information about your chosen dealer.
You finalise your transaction with the dealer, including any deposit payable and Wesbank will hand over your approved finance application and contact the dealer.
Cars worth R30 000 or more are financed and the car sold by a dealership must be approved by Wesbank.
What are the qualifying criteria?
- Be at least 18 years old
- Be a South African citizen or permanent resident
- Have a valid driving licence
- Have a clear credit record
- Earn a salary of at least R6250 per month
To find out more about Wesbank Pre-approved vehicle finance, call: 0861 288 272
Visit their website here: www.wesbank.co.za