|
Security
|
In most cases a Motorvehicle will be used.
|
|
General
|
The Loan Contract is a Financial facility used for Motorvehicle purchases in personal use category.
Payments are made over a fixed term up to five (5) years.
Loans include all registrations, delivery costs and can include comprehensive insurance, loan insurance, gap insurance and car warranty.
|
|
Deposit
|
In most cases deposits are not required.
|
|
Deposit Benefit
|
If you make a deposit, or a deposit is found necessary as part of your loan, your repayments will be lower.
Your equity in your Motorvehicle Investment will increase.
Interest will be less to pay. |
|
Payment
|
Payments can be made by direct debit from your bank.
|
|
Build Equity
|
Yes you can build better equity in your Motorvehicle investment during the loan period by paying more frequently or in larger amounts.
|
