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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Carloha Nigeria, Stanbic IBTC Partner to Make Chery Vehicle Ownership More Accessible

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Carloha Nigeria and Stanbic IBTC have partnered to offer accessible financing for Chery vehicles in Nigeria.
  • The collaboration aims to make owning new Chery cars easier through convenient repayment plans and attractive after-sales support.
  • The partnership includes Stanbic IBTC's vehicle finance facilities at reduced interest rates and Carloha's "CarlohaCare-6-6-7" package with extended warranty and free servicing.

Carloha Nigeria, the official dealer and assembler of Chery vehicles in Nigeria, has joined forces with Stanbic IBTC Bank to enhance vehicle ownership accessibility. This strategic partnership introduces tailored vehicle financing solutions designed to make acquiring brand-new Chery vehicles more affordable for qualified customers across Nigeria.

The collaboration with Stanbic IBTC marks a significant step in enhancing the vehicle ownership experience for our customers. This partnership will provide Nigerians with easier access to premium Chery vehicles through flexible financing solutions, complemented by excellent aftersales support and the confidence that comes with the Chery brand.

โ€” Sola AdigunThe Managing Director at Carloha Nigeria highlighted the partnership's importance in improving customer access to Chery vehicles.

The collaboration merges Stanbic IBTC's financial expertise with Carloha's unique ownership benefits, creating a streamlined process for Nigerians to purchase Chery vehicles. Customers can benefit from convenient repayment plans, with Stanbic IBTC offering Vehicle and Asset Finance facilities at reduced interest rates, allowing repayment over periods up to 48 months.

Central to the offering is Carloha's "CarlohaCare-6-6-7" package. This comprehensive after-sales support includes six years of free scheduled servicing, a six-year warranty or up to 200,000 kilometers, and a seven-day repair promise. If a vehicle isn't repaired within seven days, customers receive a courtesy vehicle, underscoring Carloha's commitment to customer satisfaction.

This partnership with Carloha Nigeria goes beyond vehicle financing; it is about creating opportunities for more Nigerians to access reliable mobility solutions. Together, we are enhancing the customer experience through convenience, transparency, and flexible financing options while contributing to the growth and development of Nigeriaโ€™s automotive sector.

โ€” Olu DelanoThe Executive Director of Personal & Private Banking at Stanbic IBTC Bank emphasized the broader impact of the collaboration on mobility and the automotive industry.

An additional incentive for customers purchasing eligible Chery vehicles under this scheme is one year of free fuel support, subject to weekly allocation. This further reduces the overall cost of ownership. Both Carloha Nigeria and Stanbic IBTC expressed optimism, highlighting the partnership's role in providing reliable mobility solutions and contributing to Nigeria's automotive sector growth.

What makes this partnership truly unique is that customers are not only gaining access to flexible vehicle financing from Stanbic IBTC but are also enjoying the exceptional benefits of CarlohaCare 6-6-7. With a 6-year warranty, 6 years of free scheduled maintenance, and 7 day

โ€” Felix MahanThe General Manager of Marketing at Carloha Nigeria pointed out the unique combination of financing and after-sales benefits offered through the partnership.
DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.