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Resolved Question

Has anybody yet refinanced a vehicle?

And can you combine like two different vehicles under one refinance option? 18 mths ago

Answers -

Have no clue.

18 mths ago

For whatever reason would you want to refinance a vehicle? it will only mean instead of it costing you almost twice the price after paying it back, it will now cost you 3 times what it was worth when you bought it.

18 mths ago

I am not sure if you can finace two vehicles in one contract but I did refinance one of my cars in 2007 through MFC. Any other house can do it for you but AVIS recommended MFC for me. I had to refinance it because the original purchase plan through AVIS (Full Maitenance Lease) was killing me. Making repayments fluctuating between R6K and R11K for a car that should be costing me R3000. It's very similar to making a new purchase (application) but no deposit was required with the refinance.

Source: Renault Driver

18 mths ago

I refinanced my daughter's car about a year a go, it worked out cheaper with another finance house and she has had a shorter time to pay it in but is scoring money back in the end.

18 mths ago

No.

18 mths ago

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