Absa and Renault SA Launch Finance Product
Absa and Renault South Africa have entered into a strategic alliance to launch a market-leading financial product, dubbed Renault Financial Services. This exciting partnership brings together the best of both worlds, combining Absa’s robust portfolio of financial services with Renault’s renowned vehicle lineup.
The alliance between Absa and Renault SA is a concerted effort to drive market-leading growth for both businesses and deliver unparalleled value to dealers and customers alike. But what does this mean for dealers and customers? Let’s dive in and explore the practical benefits of this alliance.
A Boost For Dealers
With Absa’s financial solutions now integrated into the Renault dealership network, dealers have access to retail and wholesale finance options. This integration enhances their operational capabilities and drives greater efficiency, allowing dealers to better cater to customer needs and propel growth within the automotive sector.
By consolidating financial services under one roof, Renault dealerships can focus more on delivering high-quality vehicles and personalised customer care, thereby strengthening their competitive edge in the market.
Improving The Customer Experience
For Renault customers, the introduction of Renault Financial Services means access to bespoke, flexible finance and credit solutions that make owning a Renault more accessible than ever. This finance product is set to enhance the overall customer buying experience by providing tailored financial options that suit individual needs and circumstances.
Boasting a strong focus on digital innovation, Absa is committed to ensuring that customers of Renault Financial Services benefit from fast turnaround times on deals, from application to payout.
A Winning Partnership
Renault South Africa’s CEO, Shumani Tshifularo, expressed his enthusiasm about the alliance, stating, “We believe Renault Financial Services, a finance product of Absa, will add to the Renault Value Added Services offering aimed at enhancing the customer buying experience and drive vehicle sales for the Renault dealership network.”
Similarly, through this partnership, Absa gains direct access to Renault’s extensive dealership network, enabling the bank to tap into a broader customer base. This expanded reach will allow Absa to offer its financial products to a wider audience, increasing its market presence and strengthening its brand in the automotive finance industry.
Interested In Financing A Renault Vehicle?
Indeed, Renault Financial Services is set to enhance the overall car-buying experience, providing South African consumers with accessible financing options that simplify the journey to owning a Renault.
Group1 Renault boasts a stellar lineup of vehicles, and financing through Renault Financial Services makes these exceptional vehicles more attainable for customers. We invite you to book your test drive and take the next step towards feeling the Renault difference.
