BAW has come up with a number of very creative ways of reducing any risk to the banks. Inter-alia these include guaranteed buy-backs from the banks where applicable , “which we will refurbish in our factory and redistribute via our dealers.
BAW has already secured end-user financing contracts at fair and reasonable interest rates with ABSA, WesBank and Standard Bank.
Needless to say, BAW has all the necessary SABS homologations in place.
BAW has furthermore promised full parts back-up to operators.”For instance, BAW has a large parts warehouse at our Springs facility, which will hold parts to the value of R40 million. Daily deliveries are being made to our dealers.
Parts pricing targets are very clear and will be well below competitor levels based on the Kinsey basket.
Given this aggressive value positioning, BAW is anticipating strong demand levels. “With the combination of such a good product and such competitive pricing, we are cautiously ambitious.
We will monitor our demand levels very carefully and adjust our supply rates accordingly.