How it Works

Since the launch in March 2007, the SMVPS has been an overwhelming success.

New vehicles from a wide range of manufacturers can be bought at excellent prices, with guaranteed discounts. Please see our webpage for all current and expired specials. Second hand vehicles can also be sourced at extremely competitive prices.

The right to supply finance to the SMVPS was exclusively granted to ABSA after a lengthy tender process was conducted to establish the most competitive offering possible. The rates are very competitive and as a SAICA member you will get at least 0.25% better then the average individual. The necessity to conduct another tender procedure is revised annually to ensure the financing rates and vehicle prices offered remain competitive.

No person is obliged to participate in the benefits offered by the SMVPS. Even if a person qualifies for the SMVPS, but is able to source a vehicle at a cheaper price, the discounted rates are still available to them.

All financing is subject to the terms and conditions of ABSA Bank Ltd.

The process is quite simple. All you need to do is fill out an excel sheet, and e-mail it back to us. We will make sure that a consultant from ABSA contacts you to start the application process. Completing the Excel questionnaire will not commit you in any way.