Motor Finance Wizard
Established in April of 2001, Motor Finance Wizard (MFW) is a composite business
model combining Finance and a distribution network of licensed motor vehicle dealerships
that currently operate in Queensland, New South Wales and Victoria.
MFW operates dealerships that specialise in providing finance solutions on MFW
vehicles to customers who do not meet the strict lending criteria of mainstream
lenders. This model, which was adapted from a concept in the USA, allows customers
to acquire finance and a quality vehicle from the same point of sale location.
Traditionally in Australia the sale of a motor vehicle has been a separate transaction
to the financing, involving two different parties; the car dealership and an independent
finance company. MFW, through its in-house finance provider KWIK Finance, provides
motor vehicle finance for customers exclusively to MFW dealerships
for the full term of the Lease.
KWIK Finance is a wholly owned subsidiary of PR Finance Group Limited.
For more information on Motor Finance Wizard please visit
www.mfw.com.au
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