Buying a new car is a financially taxing affair, especially
when cash is tight and banks turn a blind eye refusing to finance your new set
of wheels. Well, first time car buyers can now have a fighting chance of
driving a new car thanks to Ariva, a joint venture between automotive giant AMH
and the JD Group.
Ariva is delving into the relatively unknown long-term car
rental and car leasing market, offering car buyers, who haven’t been able to obtain
car finance from banks, a chance to get that car that was previously out of
reach. Customers can now obtain a new car, through a rental agreement, over a
period of 54 months for a fixed monthly payment that includes comprehensive car
insurance, vehicle tracking and roadside assistance. The premium option includes
full maintenance and tyres for 5 years with the Lite option including servicing
only.
Customers can apply at any of Imperial’s 280 franchises
countrywide, where a monthly payment will be determined and a vehicle can be
chosen within the payment range. A month’s refundable deposit is required and the
car may not exceed 25 000 km per year and must be returned in good
condition at the end of the rental term.
Something to think about? Of course, but always remember
that this is a rental agreement which means you will never own the car, but it's
something to consider.
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