Personal service is just a call away.

083 778 5237

What are the Pro’s & Cons?

PRO’S

Convenience

Option Finance takes Vehicle Finance to you. Option Finance will facilitate this entire process on behalf of the client

Securing the best transaction

Option Finance is an independent and privately owned company. Our consultants look at the client’s best interest and secure the best interest rate and fees, the first time.

Pre-Approved Finance

Having a pre-approved loan through Option Finance, provides negotiating power and the client can confidently negotiate the purchase price of a car with the dealership. By having pre-approved finance ready, the dealer will know that the client is a real buyer and not a time waster. The client maintains control of the car purchase. And, if the dealership is not giving you the best deal on the vehicle, the client can use our complimentary car sourcing service.

Private to Private Transactions

Option Finance will assist clients with the entire process of buying and financing a car from a private owner. This is a very intensive admin process as there are numerous checks and balances to be followed. Option Finance will facilitate the entire process on behalf of the buyer and the seller, and ensure that both parties are comfortable and satisfied.

Vehicle Sourcing

Option Finance has access to a National dealer network, which enables us to source a vehicle according to the client’s specifications. This service provides the client with the benefit of a larger choice of vehicles at the best possible price.

CONS

Convenience

Visiting various dealerships involves spending a lot of time and often results in confusion to the client.

Securing the best transaction

Most dealerships are affiliated to specific product providers and earn bonuses on volumes. Conflict of interest may become problematic as the Finance and Insurance Manager (F&I) is working for the dealership and therefore may not be looking after the client’s best interest.

Pre-Approved Finance

By relying on the dealer to arrange the finance, creates an opportunity to manipulate the price of the car, trade-in value, interest rate, fees etc. This leaves the client with the risk of not getting the best possible deal.

Private to Private Transactions

Car dealerships are not willing to assist clients with private transactions as it is an admin burden and eliminates the profit opportunities to the dealer.

Vehicle Sourcing

Dealerships are limited to the specific stock they carry. The client does not have a fair opportunity to compare cars to a larger network, and could end up with a car which does not fit the specifications or price.

Personal service is just a call away.

083 778 5237

100%

100% Car Finance Specialists

Get In Touch

Location

1013 Surlie Cresent
Val de Vie Estate
Kliprug Road
Paarl 7646
Western Cape

Email

info@optionfinance.co.za

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