Bidvest financial services, a division of the Bidvest group, is an Insurance company that is…
Bidvest financial services, a division of the Bidvest group, is an Insurance company that is well respected in South Africa. The Group has been around since 1988 and are known for top quality service. Bidvest Financial services is comprised of Bidvest Life, Bidvest insurance and Bidvest insurance brokers.
Bidvest offers professional vehicle finance as they are one of the top five leading divisions in South Africa. They will help you find and secure your next car at the best rate available. They offer simple tax-effective options with added benefits. Bidvest Vehicle Finance have three options: installment sale agreement, finance lease agreement and a operating rental.
The installment sale agreement offers a car allowance and ownership at the end of the period which lasts 60 months or more. Depending on your credit rating, you may select to structure a balloon payment into your payment plan to reduce monthly installments. Vehicle ownership passes automatically over to you after your final payment has been made.
The Finance Lease Agreement lets you finance the vehicle for a period of less than 60 months. It’s ideal if you’re a car allowance receiver paying a deposit or including a balloon payment in the finance plan. You may elect to take ownership at the end of the car lease contract after making the final payment.
Bidvest Vehicle Finance operating rental is much like hiring a vehicle for an extended period of time. It is ideal if you receive a travel allowance and want to use the car for a specific period of time and distance without the ownership of a depreciating asset.
Bidvest contact details:
Address: 10th Floor Rennies House
19 Ameshoff Street