Societe General Ghana has partnered car distributor, CFAO Ghana, to launch a finance offer to enable members of the public to purchase brand new vehicles.
The ‘Ride in Style’ finance offer is to help salaried workers, self-employed customers and small business owners purchase cars and make as little as GH¢29 daily payments.
Brand Manager for light vehicles at CFAO Ghana Ltd, Julius Akeampong Jnr. said the partnership is to help reduce the number of people who buy second-hand vehicles in Ghana as people who sign on stand to benefit from a lot of goodies.
“You benefit from modern equipment in terms of safety, security, design and comfort; low consumption for smaller budget on fuel and obviously a 3yr/ 100,000km warranty for an ultimate peace of mind,” he said.
He added that “we have a platform and that platform can guarantee you a brand-new car and give you that flexibility to pay”.
Augestine D’Yvoire, General Manager, Sales and Marketing, CFAO Ghana, speaking at the new showroom of CFAO, noted that it is no coincidence that together with the bank, they are launching the car finance service.
“This new showroom actually reflects perfectly what CFAO intends to offer to its cherished customers: the best standards in terms of products, quality and service for a unique customer experience.
Offering a unique customer experience is a laudable objective, but the ultimate ambition of CFAO is to offer the best experience to the greatest number of people when purchasing or servicing their car,” he added.
Outlining the procedure for the financing offer, Managing Director of Societe General Ghana, Sionle Yeo said interested persons “just need to step into any of our branches and you will have all the advice to be able to get a new car through this partnership”.
According to him, “the good thing is that our cherished customers have the option to take a loan or a lease at very competitive interest rates. In addition to that, you also have the ability to define the most convenient repayment duration for up to a maximum period of 60 months.”
The payment duration can be spread within a period of either 24, 36 or 48 months depending on the circumstances of the salaried workers, self-employed customers, small business owners, first time borrowers or clients with existing loans who would like to add the financing of the car to their loan portfolio.
Interested persons can choose a saloon car, an SUV, a van or a pick-up within the range of Suzuki, Mitsubishi and Citroen models distributed by CFAO Ghana.
Francois Marchal, Deputy Managing Director of the bank, added that the bank is proud to partner with CFAO to offer competitive financing solutions for a range of stylish vehicles.
“Whether you are an individual who simply wants a cool car for everyday personal use or a business owner who need a durable vehicle or fleet for your company’s use, there is definitely something in there for you,” he added.
