New Avo Auto Care offer makes it easy for MFC vehicle finance clients to keep their vehicles in showroom condition

Avo Auto Care is an innovative solution that allows qualifying MFC vehicle finance clients access to finance for when they need to replace their tyres.

Avo Auto Care is an innovative solution that allows qualifying MFC vehicle finance clients access to finance for when they need to replace their tyres.

Published Sep 13, 2024

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OWNING and maintaining a vehicle in South Africa is becoming increasingly costly. The cost of tyres, exhausts, brakes and shock absorbers continues to rise - putting pressure on vehicle owners' budgets. However, while it can be a financial challenge to afford these essential auto spares, putting off the replacement of worn components, especially tyres, can be a significant safety risk and may even lead to fines or accidents.

In response to these challenges, MFC and Avo have teamed up to launch Avo Auto Care, an innovative solution that allows qualifying MFC vehicle finance clients access to finance for when they need to replace their tyres. This is a first-of-its-kind offering for Avo Auto in South Africa. As part of Nedbank’s Beyond Banking division, Avo Auto is the innovative auto digital marketplace ecosystem that leverages more than 1 000 trusted and verified MFC dealers to list more than 30 000 cars that allow customers a redefined digital buying experience.

According to Julie Vetter, Executive of Avo Auto at Nedbank, this groundbreaking initiative shows how Avo and MFC are driving innovation in the South African automotive space for the benefit of vehicle owners.

Mechanic changing tires in a car service

“Avo Auto Care represents our commitment to providing practical, innovative solutions that address the real-world challenges faced by South African vehicle owners,” Vetter says.

Avo has partnered with Supa Quick, one of South Africa's most reputable tyre and auto spares brands, to provide this valuable auto care service. The entire Avo Auto Care process is designed with customer convenience in mind. Once an MFC client has applied online for the offer, the Avo Team seamlessly manages the booking and fitment process with the Supa Quick branch closest to them.

“We understand that maintaining a vehicle can be a financial strain, especially when it comes to essential components like tyres. Avo Auto Care is designed to ease this burden - ensuring that our clients can conveniently keep their vehicles safe and roadworthy without compromising their financial well-being,” Vetter added.

While the current focus of Avo Auto Care is on tyres, there are plans to expand the offering to include other vehicle essentials offered by Supa Quick like shock absorbers, brakes and batteries. This expanded offering will provide MFC clients with even more comprehensive support to keep their vehicles in tip-top condition and safe to drive.

Vetter is enthusiastic about the future of the initiative. “As we continue to evolve Avo Auto Care, our goal is to create a one-stop solution for vehicle maintenance needs. This initiative is just the beginning of our plans to make vehicle ownership and maintenance more manageable and cost-effective for South Africans. We have a number of additional projects in the pipeline.”

While the campaign currently targets existing MFC clients only, there are plans by Avo to expand the convenient and affordable Supa Quick offering to include other vehicle owners. They will be able to pay cash to take advantage of the ease, convenience and affordability of Avo Auto Care.

The MFC finance offering will be dependent on client affordability and the individual's credit record. The Avo Auto Care offering is available for all cars, but it is subject to availability of the specific tyres required for the vehicle.

MFC clients interested in taking advantage of this innovative offer can do so online at https://auto.avo.africa/auto-care. Simply complete and submit your details, and an Avo Auto Care consultant will contact you.