Financing

There’s nothing quite as exciting as purchasing your first car. The only thing that comes close is upgrading to that shiny new model you can’t wait to drive off the lot.

At Carland, we don’t provide in-house financing, however we have affiliations with all financial institutions (banks, credit unions, etc.)

The procedure is simple!

  1.   Choose your dream car

With over 250 cars in stock, we’re sure that you’ll find the one that suits your style, need & budget. Test drives can also be arranged, to make sure you’re comfortable, that you’ll enjoy driving the car and that it’s right for all your needs.

      2.     Documents

We will prepare a Pro-forma Invoice, a copy of the Import Entry (C87), and arrange for a valuation report to be done. These are all you need from our side to take to the financial institution of your choice. If you are unsure of which one to go to, we can assist in putting you on to various institutions, or simply have a representative meet you at our office. It is advised to also begin shopping for insurance. We can also assist you with this through an insurance broker.

       3.   Deposit

 

 

A minimum deposit* of 10% is required for us to hold the vehicle while your loan is being processed. We recommend this so the car is secured, and it eliminates the hassle of choosing another one and doing the process all over again.

       4.   Registration

Once the loan is approved, the financial institution will send us a letter of undertaking for your new car (for the amount you are approved for). By this point you should have finalized insurance, and received a cover note. It generally takes us 24 hours to deliver the car. In this period, the car will be prepared for delivery, and the registration and plates will be arranged for you from the tax office. The costs vary depending on how long you would like to register the car for. All we need for you is to sign a few forms, provide us with the original driver(s) license, and the insurance cover note.

       5.   Delivery

 

 

Congratulations, here’s your shiny new car! Fully serviced, detailed, and ready to drive!

Happy Motoring my friend.

 

*All deposits are fully refundable for up to fourteen (14) days, after which there will be a 5% deduction (of the selling price). We understand that loans can take longer, so we ask all clients to notify us of any delays during this period.

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