Kia partners with Autochek to offer low-cap auto loans – The Sun Nigeria


Through Moses Akaigwe

In With the aim of making the acquisition of new vehicles easy and accessible, Kia Nigeria has partnered with Autochek to offer future car buyers a car finance program with low equity and a generous payback period.

Following the launch of a dedicated new car section on the Autochek website and mobile app, Kia Motors Nigeria announced that its customers can now access digital financing solutions for new models with repayment terms of up to ‘at 60 months and the lowest interest rates. on the market.

Kia encouraged potential buyers to seize the opportunities offered by the programs through its financial partners, notably Ecobank and NCBA with a 0% equity loan product; as well as Access Bank and Stanbic KE with unique financing solutions specially designed for new vehicles with financing of up to 90%.

Speaking at the launch of the auto acquisition program, Kia Nigeria Vice President Olu Tikolo said: “Our main competitive advantage in the automotive industry is providing top quality vehicles at an affordable price. and we are delighted to partner with Autochek to make ownership of the Kia range of vehicles easily accessible through their website or mobile apps and equally affordable with flexible payment options ”.

For his part, Timi Tope Ologunoye, COO of Autochek Africa, said: “We are delighted to partner with financiers and KIA to provide a brand new car loan facility. It is in response to customer feedback to democratize the purchase of new cars through attractive and affordable financing options. It is complemented by Autochek Africa’s residual value analysis tool, which helps guide financial partners on the condition of the vehicle over time.

“This partnership represents a new step in our strategy to guarantee our clients financing that is always available, transparent and competitive. Kia vehicles offer modern design and reliability at an affordable price. And with our special auto finance program with Autochek, it’s never been easier to bring home your all-new Kia by just visiting the Autochek platform website or mobile app. said Olawale Jimoh, Marketing Director, Kia Nigeria.

With loans processed within 24 hours, the Autochek auto loan services platform offers a variety of financing options from over 70 banks, with attractive terms including a 15% interest rate and repayable on a period of four to five years.

Ologunoye added that financing new cars, like Kia, is part of the company’s vision to open a new frontier in automotive fintech and solidify its position as the region’s most innovative car lending platform.

While customers are assured of a good deal on new cars and attractive interest rates, distributors also get potential buyers pre-approved.