Frequently Asked Questions

Motor Import Finance (MIF) is a financing solution by one of our financing partners – Momentum Credit.  MIF is designed to help you import a vehicle of your choice with a minimum deposit of 25%. Cars360 will then underwrite the remaining vehicle importation cost and deliver your dream car within 60 days! We additionally have alternative financing options from banks and SACCOs -subject to pre-qualification with easy monthly instalments of up to 24 months.

For individual application, you will need the following: 

  • National ID 
  • Passport photo 
  • 12 months Mpesa statements 
  • Minimum 25% Deposit 

For Corporate Clients, you will require additional documents which are:  

  • Cashflow Documents 
  • CR-12 
  • Board resolution 
  • Authority to Cash Authority 
  • Authority to Sign Cheques 

No. This service is available for everyone who will meet the eligibility criteria.  

 

From the Contact-Us page, submit the desired Motor Vehicle make, model, year of manufacture, drive (manual vs automatic), fuel type (petrol vs diesel) as minimum specifications to generate an initial quote for you.  

 

We share sufficient images and vehicle documentation to aid in the purchase decision making . 

You have the option of placing your existing motor vehicle as a deposit instead.  We additionally allow you to drive your current motor vehicle during the 60-day importation process. Eventually making a key-to-key exchange against your newly imported car. Reach us on 0703 111666

Yes you may, however the facilitation fee  & other costs incurred to facilitate importation will be deducted from your principal amount 

We are a credible authority in the Motor Vehicle space running a sustainable business. We have already imported units for clients just like you. Clients that have previously benefit from our services are accessible  from our testimonials link. 

Once payment is received, an SMS will be sent to you informing you of the shipment schedule. We additionally keep you updated every step of the way  

 

When the motor vehicle has arrived at the port CARS360 will communicate to inform you through a call or sms. 

The end-to-end car importation process typically takes 60 days. 

The vehicle is delivered at the customers desired location. Customers have the option to collect cars from Mombasa or request the car to be delivered at their location.

You have the option to access financing from any of our financing partners based on pre-defined qualification criteria

The repayment cost is dependent on the financing option you qualify for and the vehicle’s value. Reach us on 0703 111666 for further guidance 

Yes. The value of your current vehicle is placed as a deposit for importation of a new one. If the current vehicle value meets the minimum 25% deposit requirement for importation will commence. In the event the value of the current vehicle does not meet the minimum deposit requirement you can top up.  

 

Momentum Credit can provide annual comprehensive insurance through our Insurance Premium Financing