Everyone has a favorite car they dream of owning someday. This may stem from a childhood infatuation, a passion for cars, or simply the desire for a car that fits their personality. However, owning your dream car can seem like an unattainable privilege, especially when it’s located in another country or continent. Fortunately, Mwananchi Credit Ltd. offers a solution: car import financing. With our help, you can import your dream car with minimal hassle. Read on to learn more about this service and how it can benefit you.
What Is Car Import Financing?
Car import financing is a service provided by Mwananchi Credit Ltd. that allows you to purchase the car of your choice from anywhere in the world. This service is designed to offer a seamless and hassle-free experience by enabling you to obtain your desired vehicle with just a minimum deposit. At Mwananchi Credit Ltd., we cater to all your car import financing needs, including machinery, raw materials, electronics, and second-hand clothing.
Benefits of Importing Your Car Through Financing
Importing your car through financing with Mwananchi Credit Ltd. comes with several advantages:
1. Savings on Money
Importing a car on your own can lead to unforeseen or hidden costs. By using our Import Financing Online service, you can avoid these additional expenses.
2. Quality Service
As an experienced financing company, we provide high-quality service for importing cars. This is a significant advantage over dealing with inexperienced local companies.
3. Superior Quality Cars
For example, cars made in Japan are known for their superior quality compared to vehicles available in Kenya. Importing through us ensures you get a high-quality car.
4. Flexible Repayments
Our flexible repayment plans ensure you don’t have to worry about paying the entire amount upfront.
5. Hassle-Free Experience
We handle all the processing and registration, delivering the car right to your doorstep, so you don’t have to do anything.
Why Choose Mwananchi Credit Ltd. for Car Import Financing?
Mwananchi Credit Ltd. has years of experience in the financing sector and has improved the lives of many customers by helping them achieve their dreams. We have established ourselves as a reliable financing business in Kenya. With branches in Kisumu, Eldoret, Thika, Nairobi, Kitengela, and Mombasa, we ensure easy access to our services. Our customer service team is prompt and ready to assist you with any queries, ensuring a hassle-free experience.
Who Can Apply for Car Import Financing?
Anyone requiring a car from an international market can apply for our import financing loans. However, a 30% initial deposit is required. You can contact our customer representatives to inquire about the exact amount needed for the car you wish to import.
Can I Get Any Car Imported from Anywhere in the World?
Yes, you can import any car from anywhere in the world. After making the 30% initial deposit of the car’s value, we will import your chosen vehicle. We handle the clearing and registration at the Port of Mombasa and deliver the car to your doorstep. For instance, we can import cars from Japan, known for their exceptional quality.
The Process Flow of Car Import Financing
We understand that importing a car can seem daunting, so we provide detailed information about each step in the process:
- Inquiry Verification: We contact and confirm your inquiry to ensure you are ready to proceed.
- Specification Submission: You provide the specifications and details of the vehicle you want.
- Partner Forwarding: We forward these details to our trusted partners.
- Cost Estimates: Our partners provide options based on the estimated costs when the car lands at the port.
- Deposit and Booking: You confirm the vehicle choice and make the 30% initial deposit. We then issue an Interim offer letter for proper booking in our CBS.
- Offer Letter: You sign the actual offer letter sent to you.
- Vehicle Release: We release the vehicle to you once registration is completed.
Minimum Requirements for Car Import Financing
We keep the requirements minimal to ensure a smooth process. The minimum requirements are:
- Bill of lading
- Jevic/Export Certificate
- English/Japanese Logbook (or logbook of the country from which the car is imported)
- Import Declaration Form
- Invoice
- Client’s KRA PIN
- Client’s National ID Copy
With these documents, you are eligible to import your car from the country of your choice.
Car Financing Within Kenya
If you prefer to finance a car within Kenya, Mwananchi Credit Ltd. offers a car financing facility. This service provides loans for any car you wish to purchase in the country, with terms and conditions varying based on factors like the make, model, engine capacity, mileage, and whether the car is new or used. You can even finance a lorry or matatu. For more details, visit our website.
Logbook Loans in Kenya
In addition to import financing online, Mwananchi Credit Ltd. offers Logbook Loans in Kenya. This type of loan allows you to borrow money against your car’s logbook. It’s a quick and easy way to access funds without having to sell your vehicle. The loan amount, repayment terms, and interest rates are determined based on the value of your car and other factors. This service ensures that you can get financial assistance when you need it the most.
Conclusion
Owning your dream car may seem like a distant dream, but Mwananchi Credit Ltd. makes it possible through our car import financing service. We handle all the processes, ensuring a hassle-free experience for you. With numerous benefits, including cost savings, quality service, and flexible repayments, importing your car through Mwananchi Credit Ltd. is the smart choice. So why wait? Get your dream car financed with us today!
A 30% initial deposit of the car’s value is required to initiate the import process. This helps secure your vehicle while we handle the rest.
Yes, you can import any car from any country. We assist with the entire process, including clearing and registration at the Port of Mombasa.
You will need a bill of lading, JEVC/Export Certificate, logbook, Import Declaration Form, invoice, your KRA PIN, and a copy of your National ID.
The duration varies based on the car’s location and customs processing times, but we strive to make the experience as efficient as possible.
Yes, we provide car financing for vehicles purchased within Kenya, including loans for new and used cars, lorries, and matatus. Visit our website for more details.
