Residual Value Offer
Residual value offer (or balloon payment) – your monthly instalments will be lower,
but you will have to make a residual payment at the end of the payment term.

Renault Financial Services is a product of WesBank that offers vehicle finance solutions to any Renault customer through customised, flexible and competitive finance deals.

 

Finance applications are done at the dealership together with the dealerships *F&I. You also have the option to do your own finance application online. Click the link above to start.

 

What is a Residual value offer?

 

A residual value offer (or balloon payment) lets you buy a vehicle and pay for it monthly, over a set period of time (e.g. 60 months) at a fixed or variable interest rate. This payment plan makes lower monthly instalments possible, but requires a residual payment at the end of the payment term. The residual payment amount is determined by the vehicle’s age and the period over which the payment is scheduled. This payment plan makes the vehicle more affordable and, at the end of the term, allows you to refinance the residual value, trade-in or sell your vehicle privately, or settle the residual value.

How will Renault Financial Services benefit you**?

Competitive
interest rates
Tailored finance deals to meet your needs
Vehicle finance expertise to help you understand all the details of the finance agreement
Vehicle finance expertise to deal with both individual and fleet deals

Also see

A division of FirstRand Bank Ltd. An Authorised Financial Services and Registered Credit Provider. NCRCP20.

Product disclaimer

** Please read your Finance agreement and accompanying documents for a full list of the inclusions, limitations, terms and conditions that apply to your vehicle finance agreement with the respective finance institution.

* F&I is a term used to describe the finance and insurance officer at a dealership. These professionals are certified and trained to offer you advise on purchasing a vehicle, extra added value products and insurance. They are there to answer any questions you may have and assist you during a vehicle purchase.