ABSA INSTALMENT SALE AGRREMENT
ABSA Instalment Sale Agrrement (Vehicle Loan)
        
Whether you are buying your first or fiftieth car, there is no other feeling quite like getting behind the wheel and realising itís all yours. With an Instalment Sale Agreement from Absa you can experience the joys of immediate ownership and purchase the vehicle of your choice with a loan that you pay off over an agreed period of time. Please make sure that you read the terms and conditions of these vehicle loans thoroughly so that you fully understand your financial obligations. Click here for more information regarding loans from ABSA.
Location: South Africa
Lender/Broker: Lender
Advantages:
1. An asset that becomes entirely yours at the end of the contractual period and once all monies have been paid
2. Fixed or variable interest rates
3. A financing solution that allows for early settlement without penalties
4. The option of lower monthly repayments through a balloon payment or a residual value payment at the end of the repayment period
5. The flexibility of choosing a repayment period of 24, 36, 48, 60 or 72 months
6. If you are registered for Absa Internet Banking, link this account to your profile and be able to view the financing details, and monitor the outstanding balance and transaction history.
7. Compulsory comprehensive car insurance on the financed vehicle
8. Affordable Credit Protection Plan to settle the outstanding balance in the case of death, disability or retrenchment
Disadvantages:
1. An initiation fee and a monthly service fee charged on all new contracts
2. Your instalment sale agreement may require you to pay an initial deposit
Services:
1. Vehicle Loan Lender

APR: Fixed or VariableLoan Amount: Ask on application
Min Term: 24 monthsMax Term: 72 months

Secured Loan: YesUnsecured Loan: No

Terms and Conditions:
See website for details
Identification:
Initially residential and financial details
Suitable:
For individuals looking for a loan for a car
Restrictions:
You must have a South African ID number
        
REVIEWS
ABSA Instalment Sale Agrrement (Which Way To Pay South Africa - 4/2/2013)
ABSA Instalment Sale Agrrement is ranked 5 out of 5. Based on 1 review.

5 Star Rating

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