• Our fleet management solutions

    PRODUCT
     
    BENEFITS
    KEY
    FEATURES
    Full Maintenance Lease
     
    • Fixed terms facilitate accurate budgeting and cash flow forecasting
    • Input VAT on maintenance expenditure is fully recoverable
    • Stable repair and service costs
    • Not affected by used vehicle market fluctuations
    • No unexpected major repair costs
    • Deal structuring
    • Rental includes:
      • Lease Portion
      • Residual value
      • Maintenance
      • License Fees
    • Only pay retail price of vehicle less Residual Value
    • Maintenance portion includes tyres and fair wear and tear items
    • Non fair and tear items will be debited back
    • End of Contract:
      • Driver has first option to purchase the vehicle
      • Or Vehicles is returned to AVMS to dispose
    Operating Rental
     
    • Not affected by used vehicle market fluctuations
    • Minimised repair and service costs
    • AVMS manage any unexpected major repair costs
    • Improved budgeting and cash flow planning
    • Rental includes:
      • Lease Portion
      • Residual value
      • Maintenance
      • License Fees
    • Only pay retail price of vehicle less Residual Value
    • Maintenance portion – Client’s cost
    • Maintenance authorisations and cost debited back
    • End of Contract:
      • Driver has first option to purchase the vehicle
      • Or Vehicles is returned to AVMS to dispose
    Managed Maintenance
     
    • We provide cost-effective and proactive maintenance management
    • We pay maintenance costs for your fleet and recover costs from you at month end
     
    Management Reporting
     
    • Ideal only when you need reporting capabilities only
    • We capture information on your fleet vehicles so that you are able access reports
     
  • Vehicle finance solutions

    PRODUCT
     
    KEY
    FEATURES
    Installment Sale Agreement
     
    • You own the vehicle while you are paying it off.
    • It’s flexible - you can reduce your monthly payments by choosing a balloon payment or pay a deposit.
    • Choose a monthly repayment plan that suits you with options of paying your loan off between 24 and 72 months.
    • Fixed or variable interest rates - your choice.
    • The car belongs to you after you have paid it in full.
    • An affordable Credit Protection Plan is available to settle the outstanding balance in the case of death, disability or retrenchment.
    • You get access to Absa Internet Banking to view and monitor your outstanding balance, transactions history, etc.
    • Instalment finance is not available for cars older than five years, but you can always consider taking out a personal loan.
    Lease Agreement
     
    • Enjoy full, use of the vehicle for the lease period.
    • It’s flexible - you can reduce your monthly payments by choosing a balloon payment or pay a deposit.
    • Choose a monthly repayment plan that suits you with options of paying your lease between 24 and 72 months.
    • Fixed or variable interest rates - your choice.
    • You have the option of buying the vehicle at the end of the lease period without any obligations.
    • An affordable Credit Protection Plan is available to settle the outstanding balance in the case of death, disability or retrenchment.
    • You get access to Absa Internet Banking to view and monitor your outstanding balance, transactions history, etc.
    • An initiation fee and a monthly service fee charged on all new contracts.
    Import Documentary Letter of Credit
     
    • Enjoy full, use of the vehicle for the lease period.
    • It’s flexible - you can reduce your monthly payments by choosing a balloon payment or pay a deposit.
    • Choose a monthly repayment plan that suits you with options of paying your lease between 24 and 72 months.
    • Fixed or variable interest rates - your choice.
    • You have the option of buying the vehicle at the end of the lease period without any obligations.
    • An affordable Credit Protection Plan is available to settle the outstanding balance in the case of death, disability or retrenchment.
    • You get access to Absa Internet Banking to view and monitor your outstanding balance, transactions history, etc.
    • An initiation fee and a monthly service fee charged on all new contracts.
    Islamic vehicle and asset finance
     
    • You can enjoy access to a vehicle for a fixed period and price.
    • Flexible payment options that allow you to reduce your monthly rental fee when you have extra cash.
    • Variable and fixed rental fees for the duration of the lease.
    • At end of lease, you can buy the vehicle at an agreed price, nominate a third party to buy it or use it at a reduced or null rental fee.
    • Insurance cover for your commercial assets and vehicles with access to a range of free services.
    • You get access to Absa Internet Banking to view and monitor your outstanding balance, transactions history, etc.
    • Benefit from unique advantages such as 100% financing and tax benefits.

Need more help?

Let one of our consultants assist you.

For Absa Vehicle & Asset Finance call us on:

0860 369 369

For Commercial Asset Finance call us on:

0861 00 11 55