FINANCIAL SOLUTIONS

VALUE ADDED OPTIONS ON OFFER

Personal Debt Protector

Credit Shortfall

(with) Deposit Protector

Extended Warranty

Extended Service / Maintenance Plan

Auto Armor - 3-in-one Environmental Protection

Auto Shield - Safety Film

Auto Armor - Full House

VPS (New) - Vehicle Protection Shield

 

PERSONAL DEPT PROTECTION

- This is essentially a DEPT cover

or a “payment protection plan”.

 

Risks Cover Include:

1.     Death

2.     Total Permanent Disability

3.     Temporary Disability

4.     Dreaded Disease

5.     Retrenchment

6.     Redundancy

7.     Second Life

 

In the event of a covered risk, it

•       leaves the family financially secure and mobile

•       protects savings, your savings may have to be accessed to settle the debt or take over payments

•       Protects the vehicle from repossession

•       protects your credit rating

 

CREDIT SHORTFALL

- Covers the difference owing to the bank after an insurance total-loss pay-out.

 

There are times when you may require additional cover which is not ordinarily included in your standard insurance policy. Far too often the total loss of a vehicle leaves you considerably out of pocket. Market values and amounts owed to the bank are seldom equal. This option is designed to settle this shortfall.

 

For example, if your vehicle cost N$ 150 000 and is written off or stolen, and you still owe N$ 135 000, your comprehensive insurance may pay only N$ 110 000. You will be expected to settle the N$25 000 shortfall. This cover pays the shortfall.

 

DEPOSIT PROTECTOR

 

When you have paid a deposit on a vehicle, this option has a deposit protector available that will cover you for an amount not exceeding 10% of market value (at time of total loss) or exceeding the actual original deposit paid, to a maximum of N$ 50 000.

 

•       Calculated on principal debt.

•       Limited to N$ 500 000 (without authorisation)

•       Pro-rata refund of premiums applicable

 

 EXTENDED WARRANTY

- Extended “medical aid” beyond what is initially provided.

 

A warranty covers the cost of a repair or replacement of “parts covered” (and labour) as a result of mechanical breakdown / failure (not wear & tear).

 

Spes Bona offers a New Vehicle Extended Warranty and  a Pre-owned Vehicle Extended Warranty.

 

 EXTENDED SERVICE / MAINTENANCE PLAN

- Extended service and/or maintenance beyond
what is initially provided (built in).

 

Applicable to both new and pre-owned vehicles.

(A “new” vehicle is less than 2 years old or has travelled less than than 35 000 km.)

 

This is an inflation beating, risk free and cost effective
method of paying for the vehicle’s upkeep. Where there is a manufacturer’s maintenance plan, Spes Bona offers a top-up plan to compliment the factory plan. The plan allows for all standard servicing and maintenance as per the manufacturer’s specifications. You may even elect to add tyre replacement, which allows up to three sets of tyres for the duration of the contract.

 

The benefits to you, the owner, are:

•       Total peace of mind motoring

•       Up-to-date servicing and maintenance records

•       Increased resale / trade-in value

•       Vehicle reliability

•       No unforseen or surprise service and maintenance costs

•       The plan is transferable from owner to owner

 

AUTO ARMOR

Even today’s high-tech advancements in quality of materials are not immune to the natural and man-made environmental hazards a vehicle must combat everywhere, every day.
These hazards can deteriorate a vehicle’s appearance
both outside and inside. This could mean costly repairs or
ultimately a substantial reduction in trade-in or resale value.

 

3-in-one Environmental Protection

 

1.     Paint Shield

         Prevents oxidation; minimises effects of industrial fallout, acid rain and pollution, as well as ultra violet rays, bird droppings and tree resin; inhibits surface rust and sheds dirt easily.

 

2.     Leather Fabric Shield

         Resistance to everyday stains like coffee, ice-cream, mud etc; repels spillages by beading up for blotting away; retension of colour and texture; promotes longer life. Free         application of leather renewer after 6 months. 50% discount off 4 re-applications of leather renewer.

 

3.     Retain-a-car

         Computer coded registration; free etching of replaced screens or glass; assistance with accommodation & vehicle hire, towing costs and excess; re-application of 3-in-1, etc.

 

AUTO SHIELD

- Safety film for windows

A glass toughening shield providing protection against attempted smash-&-grab / hi-jack, sun/night glare, UVA/UVB damage and temperature control.

 

AUTO ARMOR FULL HOUSE

3-in-1 plus Auto Shield

 

 AUTO ARMOR VPS

A high performance removable transparent urethane film from 3M specifically designed to protect paint surface in high-wear areas from stone chips, insects, surface scratching and most types of environmental damages. 

In our continued effort to enhance your vehicle purchasing experience, SPES BONA MOTORS is proud to introduce a new concept to you, our valued client.

You no longer need to spend endless hours arranging your vehicle finance yourself - we will do it for you! A dedicated department has been established to oversee all your financing arrangements, along with additional options on offer, to increase the value of your asset.

 

We look forward to assisting you and welcome any queries you may have.