VISION
To be a leading auto importer providing customer’s friendly services while maximizing the stakeholder’s interest.
MISSION
To provide guaranteed vehicles at the best price for all classes in Malawi, all our vehicles are unregistered vehicles just imported from different countries.
CORE VALUES
1. Integrity
2. Excellence
3. Protectionism
4. Customer-friendly
YEWO PAYMENT PLANS
1. NORMAL PAYMENT PLAN
This is where we give you the quotation and you pay as indicated on the quotation. When we give a quotation, you can pay with the invoice issued at the nearest bank, or if You cannot manage you tell us to do it on your behalf.
2. LOAN SCHEME PURCHASE
This is the payment plan in which you are allowed to pay for your vehicle for up to 6 months, with just as little as 24% interest attached to the remaining balance after arrival.
For example, if you have purchased a vehicle which is costing a total of 8,000,000 let’s say you have started with 3,000,000. And you have a balance of 5,000,000. The balance which you have failed it’s the one we will charge 24%. That means instead of paying 5,000,000 you will pay 6,200,000. The 1,200,000 has come in after calculating the 24% of 5,000,000.
The calculation of the 24% will start once you have given us the authorization once the vehicle has arrived at Songwe boarder. You will also be required to pay 60,000 (sixty thousand Malawi kwacha) once of. This charge is used for security purposes at our yard.
Take note of these
1. We start charging the 24% on the balance which you have failed to pay
2. The 24% interest is once off
3. Charging begins when the vehicle has reached at Songwe border
4. The chance is open to all our clients
5. Payment period of 6 months
6. Once the vehicle has arrived and there is a balance; it is kept by us and you get it once you have finished the balance.
3. YEWO VEHICLE SACCO
YEWO VEHICLE SACCO is one of the schemes under YEWO CAR IMPORTERS, it’s a 12-month payment plan that has been affected due to economic harbors Malawians are facing. It gives a breath for a client to pay for a vehicle up to 12-month period with 20% interest. For one to qualify for this scheme, you will be required to fill out the form which has been designed to track our clients.
Terms and Conditions
A client is required to fill KYC form which shall be sent through any communication format one may want (email, WhatsApp e.t.c)
We will ship your vehicle when the deposit has been done of any amount agreed.
The collection of the vehicle shall be done when a client has finished the payment of the vehicle in full, it shall be kept at our warehouse in Mzuzu or Lilongwe, depending on the nearest place of the client (Due to space some vehicles shall be kept at our residential place).
In YEWO VEHICLE SACCO, you are allowed to make deposits the way you may deem fit for you. For example, if you have a vehicle that costs 6,000,000 (Six million kwacha), You can choose to deposit it in our acc in small bits,
You shall be required to pay 20% of the gross total of your vehicle upon collection. For example, the vehicle that costs 6,000,000 when collecting you shall be required to pay 20% of the 6,000,000 which is 1,200,000.00.
You will be given your car importers bank account where you will be depositing your payments (YEWO CAR IMPORTERS, STANDARD BANK, MZUZU BRANCH, 9100005836805), No money shall be accepted to be deposited in individual, agent, or any representative of yewo car importers except upon acceptance of the Director.
In the case one has decided not to continue with the payment, you shall be charged 25% of the total cost of the vehicle or 40% of the money which was deposited towards the total amount, and return your accumulated deposits. Refund is done within 21 working days excluding weekends
In the case that 12 months have elapsed and the owner is still interested in getting the vehicle, you shall be added 6 months with the attached interest of 30% of the balance.
You are allowed to check your vehicle upon arrival in Malawi either at our warehouse, residential place, or at the nearest meeting place (where you shall provide fuel).