ValueMet Vehicle Financing
ValueMet Vehicle Financing Plan is a term deposit savings to vehicle purchasing plan, tailored to help individuals and businesses access up to 70% vehicle financing of the car value on pre-owned vehicles with flexible payment plan and instalments to suit your monthly income.
Who can apply for Vehicle Financing?
- GRN & Private Sector Employees
- Self Employed
- Namibians and Foreigns
- Net income must be above N$ 5,000
Requirements
- Applicant should have 30% deposit
- Six (6) months bank statement
- Payslip or Valid source of income
- Valid source of 30% deposit
- Proof of residence
- Valid quote of vehicle or estimated market price
- Completed application form and deposit addendum
- Certified ID and two (2) passport photos
- Vehicle Insurance quote
- Life cover not less than 100,000 cover
Terms & Conditions
ValueMet is a term Microlender.
The following Ts & Cs apply:
- Each vehicle is purchased through ValueMet Deposit Savings Plan, through a savings addendum, and a contract legally signed by both the buyer, the creditor and the car dealer if need too.
- Applicants who do not have the 30% deposit readily available will have to save up for a maximum of 12 months or less in their Deposit Savings Pocket until it adds up to 30% total deposit.
- Applicants with 30% readily available will still save it up in their deposit saving pocket for not more than six (6) months before financing.