Author Topic: Getting car loans in Tanzania  (Read 61 times)

Makusaro on: November 17, 2020, 09:07

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How often have you had the need to buy a car but your budget is just under the value of the car you want? Some of us save for months without realizing that by the time we have enough to purchase the car, it will either be out of fashion or no longer in the car after market.

Here's the deal. For just a 50% deposit on the car value, you can now get a full car loan. I say full because you don't even need collateral to get the car. You only need the 50%, comprehensive insurance (3.5% of car value) and GPS tracking (TZS 400,000 per year). That's it.

Not all car dealers offer car loans. There are very few that do, and most are on know-who basis. The good news is, this link will take you to companies that will readily and happily give you your car so long as you satisfy all terms.
« Last Edit: November 17, 2020, 09:09 by Makusaro »