Auto Finance Companies Near Me – Some individuals think that owning a car is a luxury, while a car can also be a necessity. When going to work from home, from home to pick up the kids from school, or going for a family vacation or hangout, means of road transportation is required. Cars make movement from one place to another easy and conducive.
Due to a low source of income, some individuals consider it difficult to purchase a car. While that is a problem, car loans are the best options to make a car dream come true.
Most institutions provide car loans in Nigeria, and then get to pay them with ease.
Below is a list of Banks in Nigeria that offer Auto Finance:
Auto Finance Companies Near Me | FirstBank Automobile Loans
This is a loan scheme that helps you own your dream car within a brief period of time. It is a Product of FirstBank of Nigeria. as an employee underpaid employment, this loan is recommended to you. To proceed, download the Auto Loan Application Form on the First Bank website. Fill up the form and submit it at the nearest FirstBank branch. Below are other documents that will be required:
- Application Letter.
- Performa Invoice from FirstBank-approved vendors.
- Payslip for the last three months.
- Statement of account.
- Letter of total emolument.
Auto Finance Companies Near Me | UBA Auto Loan
United Bank Of Africa is one of the banks that offer inexpensive car loans to Nigerians. Brands available in this scheme include Toyota, Honda, Volkswagen, Kia, Ford, Suzuki, Mercedes, Hyundai, Nissan, and Mitsubishi.
- A pro-proforma invoice(PFI) from car vendors approved by the bank will be required.
- Fill out the Loan application form for the desired car.
- Have a current or savings account with UBA.
- Means identification such as a National Identification card, Passport, etc.
- Undertake an oath to get a domiciled salary account with UBA.
- An ID card from your place of work.
Auto Finance Companies Near Me | FCMB Auto Loan
FCMB offers car loans only for personal use. FCMB auto loan paves way for flexibility to allow entrepreneurs to own a car of their own. all that is required is a bank statement that shows how wealthy you are to repay the loan. Cars Financed are those which are recognized by the bank alone. the Loan is in two categories which are FCMB Auto Loan Alliance and Standard Auto Loan.
- FCMB Auto Loan Alliance: With this scheme, you have access to up to #30 million to purchase your dream Toyota car, with interest as low as 20% per annum.
- Standard Auto Loan: If you are self-employed, you can get this loan to purchase vehicles from auto dealers who have been prequalified and agreed to an SLA with FCMB. With this scheme, you can borrow up to #30 million and pay over 12 to 60 months.
Auto Finance Companies Near Me | Access Bank
Access Bank is one of the many banks that provide car finances to help Nigerians acquire their dream cars. Hyundai is a major car brand financed by Access Bank due to its close partnership with its manufacturers.
Hyundai Cars that customers can get to choose from include: – Hyundai Grand Accent
- Hyundai Accent
- Hyundai H 1
- Hyundai Tucson
- Hyundai Santa Fe
- Hyundai Creta
- Hyundai Sonata
- Hyundai Elantra
Attached Features in Access Bank Auto Loan include:
- Flexible payment plan for up to three years, with a monthly repayment as low as NGN180,000
- Free vehicle delivery PAN Nigeria
- 5-year warranty or 100,000 km
- Free vehicle registration
Auto Finance Companies Near Me | Opticom Finance Vehicle Finance Lease
This is a product of Opticom Finance Limited known as a Non-Bank Financial Company operating since 1998. This product aims at giving a notable car ownership experience to customers through easy, flexible, and agreeable financing. It also assists in financing secondhanded vehicles.
To proceed, navigate to the vehicle finance lease portal, input your details in the spaces provided and click the calculate button to calculate the monthly remuneration.
Auto Finance Companies Near Me | Autochek Financing
This is an automotive technology company that focuses on building digital solutions. Autochek financing allows you to buy your dream car and get to pay it back monthly. To proceed:
- Fill out the short form on the Autochek website and get personalized cars to choose from.
- Choose a car of your choice and review the terms of finance.
- Apply for a loan and receive personalized offers.
- Accept a loan offer and get to drive your dream car home safely.
Auto Finance Companies Near Me | Stanbic IBTC Vehicle and Asset Finance
Stanbic IBTC gives you a chance to choose any car of your choice from the bank’s authorized car vendors. All that is required is to show proof of your income, have a current savings account with Stanbic IBTC Bank, and present a proforma invoice(PFI)
Other features of the loan include:
- Access to competitive interest rate
- Access to the bank’s comprehensive dealer partners to help find your car
- Flexible Payment Terms – with up to 4 years tenor of re[ayment