First-time buyer’s guide
7 steps to vehicle finance
Are you thinking of buying a vehicle?
Next to property, buying a vehicle is one of the biggest purchases you will make. How do you finance a deal that’s both affordable and delivers a rewarding driving experience? Start the journey with these seven easy-to-follow steps.
Step 4
Contact your Private Banker to know your affordability
It’s important that you understand your individual needs and what you can afford. Your Private Banker will assist you with the following:
Request your financial information
- Understand your current and future expenses and financial commitments
- Understand your long-term goals
- Cost calculation.
Pre-approval and approval
- Your Private Banker will confirm what you can afford and give you an approved amount for your vehicle.
Remember, you can apply for vehicle finance on Investec Online.