Owning a car can certainly make your life more convenient, but searching for vehicle finance in Gauteng can prove to be difficult and time-consuming, especially if you’ve made financial mistakes in the past. You have several choices when it comes to getting financing for the vehicle you want, but before you start your search for your new car, it’s wise to understand all of your financing options.
When looking for vehicle finance in Gauteng, keep these questions in mind:
- What type of car do I want?
- What is a reasonable monthly payment that I can afford?
- How much money do I have saved to use as a down payment?
- Will I be able to receive vehicle finance?
There are numerous reasons why you might not be able to receive vehicle finance in Gauteng from a conventional institution like a bank. Having a low credit score, being blacklisted and not having a high enough income are all reasons companies can give as to why they are not willing to provide you with vehicle finance. Although you might feel discouraged if you are unable to secure finance, there are other options available to you.
Earn-a-car allows you to “earn” a car by renting one of their cars for a monthly rate – the money goes toward your ownership of the car. It’s similar to purchasing a car, except that no financing is required. At Earn-a-car you rent the car from us monthly. For every completed month with ourselves we give you a cash bonus when you terminate your rental. That money and your administration fee can be used to purchase a car from ourselves. Earn your car and drive away debt-free with us!
If you’ve applied for bank loans and other types of loans and are still struggling to find vehicle finance in Gauteng, contact Earn-a-car and see what they can do for you!
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