Pre-Owned
Car Financing
Co-operative Bank will fund you up to 100% to buy a pre-owned motor vehicle of your choice.
Anyone with an income can walk into a second-hand car dealership, select the vehicle that best suits them, and get financing from Co-operative Bank. It’s that simple.
Pre-Owned Car Financing
Co-op Bank is now offering financing on Pre-Owned Cars.
Co-operative Bank will fund you up to 100% to buy a pre-owned motor vehicle of your choice.
Anyone with an income can walk into a second-hand car dealership, select the vehicle that best suits them, and get financing from Co-operative Bank. It’s that simple.
Features
The loan will enable you to purchase a private vehicle that is pre-owned
The car has to be a maximum of 8 years old
Fees applicable include Appraisal/Negotiation fees, Insurance fees, Motor Vehicle Valuation and Tracking fees
Repayment period of between 60 months to 96 months.
The vehicle being purchased acts as the Security.
Requirements
- Applicant’s ID and KRA PIN Certificate
- Latest 3 months’ certified Pay slips
- Latest 6 months’ bank statements (if you’re not banking with us)
- Copies of employment contract, or letter of appointment / Letter of Introduction from the employer
- Motor Vehicle Sales Agreement/Proforma Invoice
- Copy of Logbook/Import Documents/NTSA search records
- Original valuation report from approved valuer in the Bank’s panel
How to apply
- Fill the application form (Get it here or from your nearest branch)
- Attach all the requirements and submit it to the nearest Co-op Bank Branch
Interested?
Fill out this form and we’ll reach out to you!
For More information:
Call our contact center on 0703027000 or WhatsApp 0736690101 or email us at customerservice@co-opbank.co.ke