Hino South Africa’s Guaranteed Future Value (GFV) financing offer for leasing a Hino 700 truck-tractor garnered significant attention at the recent Nampo Harvest Day Agricultural Show in Bothaville. Initially met with skepticism, visitors were soon convinced of its value as the details of the offer were clearly explained, revealing a flexible finance solution ideal for truck operators facing economic challenges.
“Hino Financial Services, established in 2004 as a comprehensive truck finance provider, continually evolves its offerings to meet the tough economic conditions South African transport operators face today,” stated Itumeleng Segage, General Manager of Hino South Africa.
The GFV offer, available on selected 700-Series truck-tractor models, guarantees the truck’s value at the end of a 36-month financing term. It also provides lower monthly payments, enabling operators to grow their businesses while planning for the future. Transport operators can select a mileage limit that suits their needs, up to a maximum of 120,000 km per year for three years, totaling 360,000 km.
At the end of the financing period, operators have the flexibility to renew, retain, or return the truck, provided it meets Fair Wear and Tear standards and remains within the maximum mileage parameters.
No deposit is required unless the purchaser opts for an optional deposit. At the end of the term, operators can renew the contract and upgrade to a new model without additional payments, retain the truck by settling the guaranteed trade-in value, or refinance the outstanding amount with Hino Financial Services. Alternatively, they can return the truck to any Hino dealership, and Hino will settle the Guaranteed Trade-in Value.
“This marks the first time Hino South Africa has offered a Guaranteed Future Value financial package, making it the perfect opportunity to acquire one of our 700 truck-tractors through this cost-effective process,” added Segage.
“Hino trucks have been a staple in South Africa for over 50 years, building a stellar reputation for quality, durability, and reliability. Our nationwide dealer network continues to provide top-tier after-sales support. Locally built and supported by a comprehensive parts backup, this GFV offering makes now the ideal time to consider one of our latest 700-series truck-tractors,” concluded the Hino SA General Manager.
