CFAO Mobility, in collaboration with Stanbic Bank Tanzania, has unveiled an innovative campaign designed to make owning a Volkswagen SUV easier and more affordable than ever before. This limited-time offer runs from November until 31st December 2024, providing customers with an exceptional asset financing solution: with a down payment of just 20%, buyers can drive off in their dream Volkswagen SUV. The remaining 80% is financed by Stanbic Bank, and, in a groundbreaking move, the first 12 months are entirely interest-free.The campaign was officially launched on 29th November 2024 during a vibrant event held at Stanbic Bank’s Headquarters in Dar es Salaam. Attended by industry stakeholders and potential buyers, the event highlighted the campaign's unique benefits, which aim to empower Tanzanians to own premium vehicles with greater financial ease. As part of the campaign, a two-week showcase of Volkswagen models is taking place at Stanbic Bank’s Headquarters and Peninsula branch, offering potential buyers a chance to interact with representatives from CFAO Mobility and Stanbic Bank, explore the vehicles, and learn more about the financing options.
Speaking at the launch, Manka Orio, Representative of CFAO Mobility, expressed enthusiasm about the partnership and its potential impact:
“Our collaboration with Stanbic Bank demonstrates our mutual commitment to delivering unmatched value to Tanzanian customers. Through this campaign, we’re not just selling cars—we’re providing an opportunity for more people to experience the reliability, safety, and sophistication of Volkswagen. The 0% interest rate for the first year is a groundbreaking industry-first, and we are thrilled about the difference it will make in making premium car ownership more accessible.”
Shangwe Kisanji, Head of Private Banking at Stanbic Bank, underscored the significance of this initiative for Tanzanian customers:
“This campaign addresses the aspirations of many Tanzanians who dream of owning a brand-new SUV but may hesitate due to the financial burden of a large upfront cost. By offering an affordable financing plan with just a 20% deposit and a 0% interest rate for the first year, we are ensuring that more people can turn their dreams into reality. We encourage our customers—and those with other financial institutions—to take advantage of this rare and unique opportunity.”
This groundbreaking campaign redefines convenience in asset financing while raising awareness of the exciting possibilities available to Tanzanian customers. With unmatched terms and the backing of two trusted brands, CFAO Mobility and Stanbic Bank, the Volkswagen asset financing campaign is set to transform the automotive market in Tanzania.
Potential buyers are encouraged to visit Stanbic Bank’s branches during the display period or reach out to representatives to secure their dream Volkswagen SUV before the offer ends on 31st December 2024.