Assistance with vehicle finance
Good day
I am one of the Absa loyal clients. I have 2 bonds, vehicle finance, overdraft and credit card, with absa. In August last year, I purchased a vehicle for my sister and her husband which is used as a shuttle. I did this because they didn't have a payslip. I'm looking at buying a 3rd property with Absa, but before I do that, I want to transfer the vehicle on my brother in laws name. The vehicle is financed by Toyota, it has been working well and is able to pay its installment, insurance, short fall cover and tracker. All the supporting documents can be submitted including the Shuttle Association letter, their bank statement as proof of income for the vehicle. I would appreciate if this request to finance the vehicle could be considered. At the moment, they are depositing an amount of R9400 is being transferred to my Absa Cheque account to pay for the vehicle every month, this amount can be seen on their bank statement as well. I recently requested them to change their previous banking institution to use Absa as their bank, and they did. Last month they transferred the vehicle money from their absa account. I really want to focus on investment property now. Please I am pleading for Absa to assist me and them. If all goes well, they are planning to buy their 2nd shuttle as soon as they build trust with absa. Thank you and looking forward to your positive response.
