Car Finance

[Dolby]

I remember when I bought my car, I just specified 60 months by default - but I see there's a 66 and 72 month options as well. Someone said a residual cannot be had on a 72 month option - how about the 66 month option?

Also noticed that when you go to the FNB vehicle finance page, it doesn't list Wesbank anymore and emails/contact numbers are FNB CAR and FNB vehicle finance. Are they still through Wesbank - meaning I only apply once?

 

[sanimoyo]

Maybe the email addresses are just that they take care of FNB clients separately, thought they both belong to the same parent company

 

[Maverick Jester]

Y.O.A.O

 

[ViperGTI]

I remember when I bought my car, I just specified 60 months by default - but I see there's a 66 and 72 month options as well. Someone said a residual cannot be had on a 72 month option - how about the 66 month option?

Also noticed that when you go to the FNB vehicle finance page, it doesn't list Wesbank anymore and emails/contact numbers are FNB CAR and FNB vehicle finance. Are they still through Wesbank - meaning I only apply once?

I'm not exactly sure about that statement. If I remember correctly (and I speak under correction here), when I bought my car in 2010, the initial deal they approved me for, the instalment was under R5000 and when I checked, they had the 72 month option and a res value and I had to ask them to remove the res value.

So I think it is probably possible, but I wouldn't recommend it. After 5 years, you'll probably owe more on the car than what it is worth (depending on the brand you buy).

 

[Dolby]

Thanks guys.

I found out they actually had a special on the car and it's one of those 5.7% jobs which work alright with me