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What is Avo Auto Assisted Sales?

Avo Auto Assisted Sales has been appointed by MFC to provide an easy, quick, and safe way to sell your vehicle. Avo Auto manages the entire sales process for you, leveraging its network of more than 1 000 dealerships to secure the best price for your vehicle.

Avo auto assists with the following

Get competitive offers from trusted dealers. 

Sell the vehicle quickly to avoid unnecessary delays.

Settle your debt with MFC.

Provide personalised service and support.

How it works:

Step 1

Step 1

Submit your details using the form on this page and we’ll confirm what you still owe on your MFC account.

Step 2

Step 2

We’ll send you a link where you can submit photos of your vehicle and create an automated vehicle report. 

Step 3

Step 3

We’ll share the report with our dealer network, who will then submit offers for the vehicle.

Step 4

Step 4

We’ll send you the best offers to approve and arrange a vehicle inspection to confirm the final offer.

Step 5

Step 5

We’ll arrange an acceptance letter from MFC that will be agreed with the buyer.

Step 6

Step 6

If there is a shortfall, MFC will help with a new payment arrangement for you to pay off the outstanding amount.

Interested in selling with Avo Auto Assisted Sales?

Go to Avo Auto to complete the form to get started 

Get started

Avo Auto Assisted Sales is an assisted-sales service that helps clients who are struggling financially to sell their vehicles quickly and easily.

Once you have submitted your details, we work with MFC to understand your financial situation. We advertise your vehicle to our network of dealers, curate offers and facilitate the sales process to help you settle your outstanding debt.

Our dealer network provides offers once they have received our vehicle report. We will notify you of the offers for you to approve. You can also get your own offers independently of Avo Auto Assisted Sales. The sale price will be confirmed once the dealer has viewed the vehicle. If you find a higher offer from another buyer, the applicable facilitation fee for independent offers will apply in accordance with the facilitation agreement. 

You have 24 hours to confirm acceptance of an offer, subject to viewing.

With your permission, we will share your details with the dealer, who will contact you to arrange a vehicle evaluation. Once a final amount has been agreed on and the agreement signed, a dealer settlement is generated and paid directly to MFC. The dealer will then arrange collection of your vehicle.

If the highest offer doesn’t cover the full amount owed on your MFC account, you will have a shortfall. If you can’t pay the shortfall at settlement, we can assist with a new payment arrangement.

There are no upfront fees, but a facilitation fee of 1% of the selling price applies to all deals processed through Avo Auto Assisted Sales, including independent offers.

Sell with Avo Auto assisted sales

Complete the form

Getting help with downsizing your home

1. What we do

1. What we do

  • We will allocate one of our qualified estate agencies in your area to market your property for 100 days and give you a 40-day extension, if needed, without reference to a distressed sale and evaluate your property.
  • We will appoint the transfer attorneys and manage the transfer and conveyancing process on your behalf. Should an offer price be agreed on, you will be liable for these costs.
  • At our discretion, we offer debt relief on your shortfall amount to help you with a fresh start. We might forgive up to 50% of any shortfall that exists after the sale of your home. The remaining 50%  can be paid off interest-free over 5 to 10 years. 
2. How long will the process take?

2. How long will the process take?

  • The onbarding process takes between 3 and 7 business days. 
  • On average, offers on a property for sale are received within 70 days.
  • The conveyancing process to transfer your property to the new owner and settle your home loan usually takes between 95 and 120 days.
3. Get in touch

3. Get in touch

  • You can contact us to arrange a valuation of your home to determine its current market value, based on local property trends, and to sign a mandate with Nedbank. 

Interested in selling with Nedbank assisted Sales?

Email us now to get started