Fortune 500 automaker GAC Motor, has signed a partnership agreement with five local banks on vehicle financing.
The “Drive Now, Pay Later” service is being anchored by Access Bank Plc, Ecobank Transnational Plc, Wema Bank, and Sunu Assurances.
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The company said the partnership is to enable Nigerians to own cars with ease by accessing an auto facility with any of the institutions.
“The partnership with the select financial institutions is designed to enable customers to acquire new vehicles in a financially convenient manner. With the easy buy agreement, Nigerians would not need to cough out the entire cost of a vehicle at once,” said Chief Diana Chen, Chairman of CIG Motors, the authorised distributor of GAC Motor in Africa.
“There are several benefits to owning a car and we’re very thankful to these financial institutions for making Nigerians privy to these benefits with GAC cars. Our cars boast unbeatable performance, sportiness, luxury and much more,” Chen noted.