Get Vehicle Financing Without The Need To Pay A Large Deposit
If youve been down in the dumps because youre not driving your dream car due to a large deposit demand by your local dealership weve got good news for you! When purchasing a second-hand vehicle from WP Motors we are proud to be able to arrange your vehicle financing for you, and we can do so without a deposit! You don’t have to go to all the vehicle financing companies around South Africa, like Wesbank, Absa and Standard Bank Vehicle Financing, to get the car you want. What are you waiting for? Drive your dream car off our lot today! Not convinced? Let the experts explain how you can save on your vehicle financing with WP Motors:
1. First the worst, second the best
Im sure you heard this ditty on the playground as a child, or perhaps as recently as last night at the dinner table if you have kids yourself. While it may seem silly as a general standard, it actually rings true in the car sales world. The owner of a vehicle whos going to suffer the most is the first! It is the first owner of a vehicle that takes the hit on depreciation (as much as 40% in the first year) and it is the first owner of a vehicle that undertakes the risk of discovering factory flaws etc. This is the point at which someone is sure to pipe up that first owners are really getting the most for their money due to extras like warranty. But with WP Motors, you can even elect to extend or take out an additional warranty* on your second-hand vehicle and thats not all! The first owner of a motor-vehicle is going to pay through the nose for car insurance, where the second owner is going to make another saving. You shouldnt think of vehicle financing purely in terms of loan repayment but also in terms of insurance and running costs; the second owner wins every time.
2. I depreciate your efforts, Bob.
Speaking of loan repayment: Bob bought a brand new car. Bobs car was worth 40% less than he paid for it within the first year. Bob will be paying for this new car in instalments for the next 5years. Bobs car is worth less than hes paying for it, before hes even finished paying for it! While Bobs vehicle finance options were calculated based on the cost of the car before depreciation, buying a car second-hand from WP Motors means that your vehicle financing options are calculated using the depreciated value making your repayments more affordable than Bobs, while youre driving identical models!
*Terms and Conditions apply.
