Page 137 - KZN Top Business Portfolio-eBook 2022

The idea was born from Owais Suleman – CEO of The process that can get you behind the wheel in no time
Woodford Group (Pty) Ltd – and his experience of at all.
leasing vehicles abroad. He decided to launch a fresh You simply need to apply online, have your application
and original take on the concept that was ultimately approved and go in to collect your vehicle immediately
uniquely-tailored for and relevant to the South thereafter.
African market.
WhyBuyCars has seen much success in the uptake of
The leasing model for South Africans was based on the the concept, especially during trying times for cash-
realities that everyday people faced when it comes to strapped consumers. WhyBuyCars therefore provides
having the resourcing to purchase and use a vehicle.
a fresh and innovative approach to using a car.
Credit rating and access to finance has always been There are no frills nor fine print and the offering puts
a first barrier to buying a car. Even if an individual has
the deposit and means – which many don’t – to secure the control into the hands of the user. You can stop
finance, there are many regulatory hurdles to overcome. after three months if you find your situation doesn’t
afford you the service, or you can change your vehicle
Some people may be blacklisted or under debt review,
whilst others may have foreign passports. Rejection of every three months if you’d like to extend or change
application for finance can be as high as 40%. things up. You know exactly how much you’ll be
paying and don’t have to factor in additional costs,
Once finance is secured, South Africans are then locked such as interest or insurance.
into an interest-based, long-term commitment with a
depreciating asset that they may not be sure they’ll Online Auction Platform
utilise for a long period of time. Woodford Bid is an online auction platform built
for the sale of used vehicles from Woodford car
Insurance and maintenance then add to the burgeoning hire and trusted partners. Woodford Bid allows
cost of owning and using a vehicle. customers to get direct access to quality vehicles
WhyBuyCars skips ahead to the use of the vehicle, with without going through a middleman, meaning
the realisation that, regardless of the situation, South great value and savings.
Africans still need to get around and – in the absence Woodford Bid uses the latest online technologies
of a reliable, robust public transport system – simply to ensure price accuracy and reliability, and online
have to have a car to use on a daily basis. transaction security uses SSL-encryption to guarantee
WhyBuyCars therefore offers a short-term lease of the safety of your transactions.
just three months or six months with a flat rate that Woodford Bid primarily sources vehicles from
includes insurance, maintenances and taxes. Having a Woodford Car Hire, acquiring popular vehicle models
car becomes accessible and more importantly, flexible at low mileage. We also partner with trusted suppliers
in a fragile economy where people are uncertain of to give you access to a broader range of options.
their future.
Each vehicle that we list goes through an extensive
Most importantly, WhyBuyCars has been built on a assessment, and any damage found is disclosed to you,
technology-driven platform, allowing for a smooth along with an estimated repair cost.

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