Absa bank car finance division Bankfin for people who need access to money for the purchase of a new or used vehicle in South Africa is one of the more recognised credit providers in the country. One of their motto’s related to auto loans is if you can drive it you can own it which means you can also borrow money for bakkies, motorcycles and trucks. In fact they have a commercial division which is geared specifically to helping people in need of finance for commercial vehicles.
Bankfin is the name of the Absa bank car division which offers finance for people looking at buying new or used vehicles from dealers in Johannesburg, Durban, Cape Town, Port Elizabeth, East London and just about anywhere in the country. The amount of cash a person will qualify to borrow depends on a number of factors such as, being blacklisted, what kind of salary amount a person is paid, how long they have been in their current employment, do they have a good credit record history or are they recorded as having bad credit etc.
Options are also available to purchase repossessed vehicles from Absa bank and lists of repossessions are available to give people an idea of what is being auctioned and sold. Not only will they help you with the right kind of solution to suit your needs but they will also assist you in getting insurance for the vehicle you have bought. If you need to borrow cash for financing your next motor and are not sure with which financial credit provider to speak to then the Bankfin consultants at Absa bank car finance division will be able to advise and assist you.