Want to buy a vehicle privately and require finance?
We can facilitate the transaction where you as the buyer source the car directly from a private individual, a company, a trust or from a deceased estate.
Our specialist inhouse vehicle finance consultants will assist you with the application process. You will require the following:
Your SA barcoded ID
Valid SA driver’s license
Most recent payslip and 3 months bank statements
Proof of residential address (not older than 3 months)
Completed and signed private to private application form
Once your application has been verified and approved, we will contact you to discuss the deal that best suits you and answer any questions you may have.
3. ASSESSMENT & CONTRACT
We will send an assessor to inspect the vehicle to ensure that it is in financeable condition. When an assessor is not available in your area the vehicle must be sent to a Dekra testing centre.
Once the signed and supporting documentation has been received from both buyer and seller, the buyer will then sign the bank contract with us.
4. PAYOUT & OWNERSHIP
We guarantee payment to the seller. Handover of the vehicle is arranged once the seller has received proof of payment. This would be at a place and time convenient to both parties.
We will ensure registration of vehicle in bank and buyer’s name as well as facilitate licencing in most areas.