KIA, Access Bank offer Nigerians auto finance deal

Kia Motors Nigeria, owners of the Kia range franchise in the country has teamed up with Access bank to offer a flexible, car finance scheme with 23 percent interest rates and loan tenure of four years to make owning brand new Kia vehicles easy and convenient. The launching of the joint promotion was held at Kia upgraded showroom in Victoria Island, Lagos, and seat of Nigeria’s automotive business.

The auto finance scheme is tailored to suit customers’ needs with manageable monthly repayments and is best suited for individuals, organizations, corporate bodies and institutions to avail a convenient and easy access to finance options making it easy to drive away their brand new Kia.

The finance scheme has a flexible payment option for up to 4 year repayment tenure and a competitive equated monthly installment (EMI) as low as N44, 423. From its entry level cars like the Kia Picanto and the People’s Car, Kia Rio to its luxury sedan Kia Quoris, all KIA range of vehicles are covered in the finance scheme. Customers can have access to this scheme at over 20 Kia sales and service outlets in Nigeria and all Access Bank branches nationwide.

Explaining the wisdom in fashioning out such consumer credit scheme, Jacky Hathiramani, chief executive officer, Kia Motors Nigeria said “our core competitive edge in the auto industry is the offering of best in class vehicles at an affordable price and we are delighted to partner with Access Bank to make owning the Kia range of vehicles affordable with flexible payment options”.

The company boss stated that the new marriage of convenience between the duos represents another step forward in the dealership’s strategy to ensure customers have consistently available, transparent and competitive financing. Kia’s vehicles offer modern design and reliability at an affordable cost and with our special auto finance scheme with Access Bank, it’s never been easier to take home your very own brand new Kia.

The executive director, Personal Banking Division, Access Bank, Victor Etuokwu stressed that “the finance scheme is aimed at making all customers own a brand new car with ease and tailor made payment options. He further stated that the joint promotion offers a subsidized insurance and registration fee, with improved access to auto loan to enable customers drive their dream car.

“We understand that your individual lifestyle demands a certain standard of convenience, Kia and Access Bank partnership is designed to suit your individual needs” said, Victor Etuokwu.

The partnership provides the opportunity for customers to walk into any Kia showroom across the country and get an on spot finance solution. “Our on-site financing service means that you have access to both the cars and the financing solution under same roof to make owning your Kia hassle-free” said Sandeep Malhotra, chief commercial officer, Kia Motors Nigeria.

Kia Motors Nigeria, an innovative and leading auto company excel not only in ground-breaking automotive technology, but in innovative financial solutions that helps its customers own the car of their dreams which carry the same ethos and pursuit of advancement defined by the vehicles they create. The company takes keen interest in providing affordable and flexible auto finance options to customers.

More often than not, customers are presented with wide range of options for financing a car or securing an auto loan which makes it difficult to choose a tailor made scheme that perfectly fit their aspirations.

Access Bank vision is to satisfy all its customers’ financial needs and help them succeed financially. Whether you take advantage of on-the-spot vehicle financing at Kia’s showroom, or apply for a loan at a branch, an Access Bank car loan is a convenient and flexible way to finance your dream car.

Kia Motors Nigeria promotes a customer-driven corporate culture by providing the best quality and exceptional service with all values cantered on the customers for over a decade.