We do not only offer you great range of vehicle finance solutions, but also credit protection options, extended cover and a choice of warranties to assist you in your journey ahead.
Our vehicle finance solutions
| Solution |
| Key features |
Instalment Sale Agreement |
|
Islamic Vehicle Finance |
|
- Own the vehicle while you are paying it off
- Reduce monthly payments by choosing a balloon payment or paying a deposit
- Choose a finance term of 24 - 72 months
- Fixed or variable interest rates
- The car belongs to you after you have paid it off
- You get access to Absa Online
Our credit protection plans
| Solution |
| Benefits |
| Minimum entry age |
| Maximum entry age |
| Term of agreement |
| Maximum sum insured |
Plan A |
|
| 18 years |
| 60 years |
| Maximum 84 months |
| R1 000 000 |
Plan B |
|
| 18 years |
| 60 years |
| Maximum 84 months |
| R1 000 000 |
Plan C |
|
| 18 years |
| 60 years |
| Maximum 84 months |
| R1 000 000 |
Plan D |
|
| 18 years |
| 60 years |
| Maximum 84 months |
| R1 000 000 |
Underwritten by Absa Life Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.
- Death
Additional credit protection options
| Solution |
| Benefits |
| Minimum entry age |
| Maximum entry age |
| Term of agreement |
| Maximum sum insured |
Taxi |
|
| 18 years |
| 60 years |
| Maximum 84 months |
| R500 000 |
Platinum Protection |
|
| 18 years |
| 60 years |
| Maximum 84 months |
| R750 000 |
Underwritten by Absa Life Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.
- Death
- Disability
- Dread disease
Our warranty options
| Solution |
| Cover period |
| Cover |
| Solution |
| Cover period |
| Cover |
Ultimate Extended warranty |
| 2 years |
|
Tyre and Rim |
| 2 years |
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement. |
Ultimate Pre-Owned warranty |
| 2 years |
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement. |
Scratch and Dent |
| 2 years |
|
Ultimate Booster warranty |
| 2 years |
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement. |
- Repair or replacement of components due to unforeseen mechanical breakdown or electrical failure
- Cover new or used vehicles
- Transferable with the vehicle when you sell it
- Cover for a period of two years
- Cover for damage to an insured vehicle’s tyres and rims as a result of punctures, blowouts or damage suffered from roadside hazards, such as roadside curbs, potholes and road debris.
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.
Our extended cover option
| Solution |
| Cover |
Extended cover |
If you have a fully comprehensive car policy in place, extended cover will complement this insurance and ensure that you can cover any shortfalls or small repairs on your vehicle. Benefits include:
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement. |
If you have a fully comprehensive car policy in place, extended cover will complement this insurance and ensure that you can cover any shortfalls or small repairs on your vehicle.
Benefits include:
- Credit Shortfall Cover
- Photo Finish Benefit
- Excess Benefit
- Unintentional violation of policy conditions on underlying insurance
- Car Hire Benefit
- Road Cover Benefit
- Finance, Deposit and Registration/Licencing Administrative Fees Shortfall Protector
Underwritten by Absa Insurance Company Limited. Premiums are valid for the duration of your finance agreement. Cover ceases at the end of the finance agreement.
Need more help?
Let one of our consultants help you get the best vehicle finance for your needs.
Call us on:
0860 669 669
Call Islamic car finance on:
0860 000 786
