Bassadone Finance

Drive away with Bassadone Automotive Finance Ltd

Are you looking for a Loan? We can help you!



Bassadone Finance are the in-house finance provider of Bassadone (1904) Ltd. Together we work side by side to help ensure all Bassadone Finance customers leave with their new vehicle as soon as possible. We combine over 30 years of experience and are completely devoted to providing our clients with an exceptional customer service.

The application process is very simple; appointments will be arranged at a time to suit you, and a provisional decision can be provided on the same day.

Bassadone Finance offers finance for vehicle sales from other showrooms as well as privately sold vehicles; we also consider personal loans on the condition that the client is willing to provide a security vehicle.

If you have any queries please get in contact with us on (+350) 200 44835
or via e-mail enquiries@baf.gi

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Clients are required to produce the following documentation in the appointment;


ID Card of Applicant (s)
Driving Licence of Applicant (s)
Latest Payslips of Applicant (s)
Last 3 Months Bank Statements

Please note that failure to provide all of the above documentation may delay the general response time received.
For all security vehicles:


Insurance
Logbook
MOT (If applicable)

Bassadone Finance's mission is to be the most admired finance company in Gibraltar through:


Providing Exceptional Customer service
Operational Excellence

Bassadone Finance offer Hire purchase finance and secured loans.

New Vehicles – Bassadone Group

Finance band Rate Deposit required
Purchase price
Over 20K
Purchase price
£10,000 - £20,000
Diamond 6% 25%+ N/A
Gold 7% 20% - 25% 25% +
Silver 8% 15% - 20% 20% - 25%
Bronze 9% 10% - 15% 15% - 20%
Standard 10% < 10% < 15%

Current Rates

Other Hire Purchase Agreements

Vehicle Type Rate
New Vehicles 10%
Used Vehicles From 9%
Motorcycle 12%

Personal Loan

Loan Type Rate
Secured 12%
Most finance is used to purchase a vehicle, however contracts are considered for all purchases with suitable security (usually a car).

Home Improvement Finance

Bassadone Automotive Finance now supply secured loans to clients who may need the money for home improvements. Our furniture finance packages shall be offered with the following local companies:

  • A.Abecasis Gonzalez Ltd.
  • Soho Designs
  • Itek Windows and Doors
  • SFA Home
  • SFA Total Refurbishments
  • Parador Flooring
  • Gaggero Cemats
  • Interbuild
  • 101 Gibraltar Ltd
  • D&H Ceramics
  • Charnwood Furniture Factory
  • Top Choice Appliances – TCA
  • Gib Flooring

If you have any queries please get in contact with us on (+350) 200 44835
or via e-mail enquiries@baf.gi


FAQs

Answer - Rates start at 6%, however the rate depends on what the finance is for, please see the finance rates.
Answer – Usually a minimum deposit of 10% is requested, customers with deposits (including any part exchange) can benefit from lower finance rates; please see the finance rates.
Answer - You can sign your finance agreement any time after the final decision. Usually the finance is signed for when picking up your new vehicle from the Showroom.
Answer - The vehicle can only be sold once the contract is settled. If you require to sell the vehicle you will need to contact BAF first and we will help.
Answer - The maximum term for a new car is 5 years, Scooter finance is over 2 years.
Answer - Yes, though all customers who take vehicles into Spain must have a Gibraltar ID card.
Answer - Guarantor's and security vehicles are dependent on individual circumstances.
Answer - Following receipt of all documentation a finance decision will be provided before the close of business on the following day.
Answer - All cars must be insured under Fully Comprehensive insurance for the full duration of the loan at a value agreed with BAF. Scooters can be insured 3rd party.Rates start at 6%, however the rate depends on what the finance is for, please see the finance rates.
Answer - The value at which your vehicle is insured can be lowered when renewing your insurance; however it must always cover the balance remaining on the agreement. Before renewing please contact BAF and we can give you a minimum value at which the vehicle can be insured on.