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.

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

  1. The loan will enable you to purchase a private vehicle that is pre-owned 

  2. The car has to be a maximum of 8 years old 

  3. Fees applicable include Appraisal/Negotiation fees, Insurance fees, Motor Vehicle Valuation and Tracking fees 

  4. Repayment period of between 60 months to 96 months. 

  5. 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!

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For More information:
Call our contact center on 0703027000 or WhatsApp 0736690101 or email us at  customerservice@co-opbank.co.ke

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