We at Subaru Kenya , take away the stress of financial negotiations from you when you buy your used vehicle from us. Our expert Sales Team take a minimum amount of time to assess your financial needs and to offer a variety of finance solutions available for purchasing a car through hire purchase or loans. These are normally obtained through reputable Financial Institutions and Banks at very competitive rates.

Listed below are answers to some of the most frequently asked questions:

Can you arrange finance for me?

This purely depends on your financial strengths and the amount that you want to borrow. We will guide you accordingly and assist you as to how to best present your application. Next, we will forward the application to the selected Institution and follow-up the same for you. Note- All applications are subject to stringent evaluations by the Institution concerned and they have the right to accept or reject an application without reason.

What do these finance companies require from me?

Firstly, after choosing the car that you want, all that is required is to complete a simple application form. In addition to this, your personal or business's last six months bank statements are required together with a copy of your PIN certificate and ID card (in the case of the application being in a company's name, a copy of the Certificate of Incorporation or Business Registration is also required).

How easy is it to qualify?

Every finance institution has its own methods of evaluating the information given to them. Previous borrowers who have not defaulted have a stronger chance of qualifying then first timers, and applicants who have strong financials may get a higher percentage of the amounts asked for approved (e.g 70% rather than 50%).

How easy is it to buy a used car through finance?

You would be surprised that although subject to the varying criteria of the different institutions, such as age restriction (no more than 7 years in most cases, 8 years as a maximum), valuation from a recognized dealer or the Automobile Association, it is not that difficult. In addition to this, due to the price range available we can supply you a car to suit your pocket.

How long does the finance process take?

Normally it takes 3 to 5 working days for your application to be evaluated. However, this may vary depending on their workload and the financials presented.

Will the Finance Company require anything else from me?

Yes, you will be required to complete various Agreement Forms and usually a small processing fee is payable. You will also be required to jointly insure and register the vehicle in yours and the finance company's name. Once all these are submitted to the finance institution, a Release Letter is required from them.

Once my application is successful, do I just drive off with the car?

Once a finance approval has been received, you would now be immediately required to put down the required deposit. Following this, we would then start the registration process if the car is a new import. This could take about another week, depending on the registration, obtaining of the number plates, delays in transfers, etc.

Insurance:

Please enquire for competitive rates of motor vehicle insurance from Subaru Kenya .