McCarthy Vehicle Finance

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McCarthy Vehicle Finance

Company Profile

McCarthy Finance is a joint venture between WesBank and McCarthy Motor Holdings and was established in December 1998.

Asset finance is provided through a network of dealer-based Finance & Insurance consultants, offering McCarthy Finance customers with incomparable service and products. McCarthy Finance is also involved in the selling of McCarthy Motor Holdings Insurance products.

Ian Boyd-Sutherland, (CEO) of McCarthy Finance, heads the dedicated team of 66 people. The staff represents the joint venture in more than 52 dealerships countrywide and writes an average of between 1200 and 1400 deals per month. McCarthy Finance's current value is recorded at R 5,4 billion, with a client base of more than 55 000.

In the words of Brand Pretorius, Chairman of McCarthy Motor Holdings, "McCarthy Finance has achieved outstanding success since its inception in December 1998. Due to the backing of WesBank and McCarthy, we are well positioned to meet challenges head-on. Our product offering is innovative and our systems backup, the best in the industry."

Brian Riley, CEO of WesBank states that, "McCarthy Motor Holding outlets countrywide and its participation in all the major-brand franchises have been key factors. WesBank's capacity to provide well-experienced F&I consultants and business managers as well as its impressive array of existing financial products, have taken the McCarthy Finance business from strength to strength."

Mission Statement

"To become a highly successful joint venture in terms of profitability, staff development and customer service whilst maximising the business potential of the related finance/ insurance opportunities within the McCarthy Motor Group."

Finance Products:

  • Instalment Sale
  • Lease

Insurance Products:

  • Extra Cover-Deposit Protector
  • McCarthy Client Protection Scheme
  • McSure Mechanical Breakdown
  • Motor Comprehensive Insurance

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