Benefits of Getting Car Finance with Absa

A convenient mode of transport, having a car means being able to travel whenever you want to and to wherever you choose to go.

Choosing to buy a car by getting car finance provides a simple and convenient way of getting access to the kind of car that you want.

Cars can be quite expensive and not all people can afford to buy them using cash upfront. This is where car finance can come in handy.

Car finance from Absa offers a number of benefits

For instance, with Absa, you can get affordable car loans with up to 100% finance. As a subsidiary of Barclays Africa Group, Absa is a Johannesburg Securities Exchange-listed banking institution with an extensive history in the South African financial market. With operations in South Africa, Tanzania, Mozambique, Namibia, Zambia, Nigeria and Botswana, the bank is a specialist in wealth management. Various services are offered, such as retail and business banking, along with corporate and investment banking.

With car finance from Absa, if you pay a deposit you will reduce your monthly payments. You also have the option to trade your old car in, which takes away the hassle of looking for a private buyer. It’s important to also consider the resale value- depreciation is usually a good reason to buy a used car instead of a new one. Demo cars may also often include a warranty and maintenance plan.

You can use the secure online system provided, to register for eContract.

The handy car loan calculator is effective for calculating your monthly repayments.

Absa also offers car insurance products that are tailor-made for your needs, such as Comprehensive, Third Party, Fire and Theft as well as Third Party Only cover.

Absa provides the option to use Absa-approved dealers.

To contact Absa, call: 0860 669 669

Visit www.absa.co.za