Access Bank, KIA collaborate on auto finance scheme

Kia Motors Nigeria has announced a partnership with Access Bank Plc to provide affordable and flexible auto finance options for customers.

According to a statement, the finance scheme tagged, ‘Drive Your Dream, Pay at Your Pace’, is premised on a hassle-free car ownership offer with as low as 10 per cent equity contribution, free insurance, attractive interest rates and flexible loan tenor of 48 months to make owning brand new Kia vehicles easy and convenient.

The Managing Director, Kia Motors Nigeria, Jacky Hathiramani, 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 Access Bank to make owning the Kia range of vehicles affordable with flexible payment options.”
The Executive Director, Personal Banking Division, Access Bank Plc, Victor Etuokwu, was quoted as saying that the scheme was aimed at making all customers own brand new cars with ease and tailor-made payment options.

He stated, “The joint promotion offers a subsidised insurance and registration fee, with improved access to an auto loan to enable customers to drive their dream cars.

“We understand that your individual lifestyle demands a certain standard of convenience; Kia and Access Bank’s partnership is designed to suit your individual needs.”

According to the statement, the partnership provides the opportunity for customers to walk into any Kia showroom or Access Bank branch across the country and get an on the spot finance solution.

It read in part, “The finance scheme has flexible four-year repayment tenor, free insurance, discounted price, low interest rate and competitive equated monthly instalments. The 2018 Kia Rio and 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.”

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