Nigerians who desire to own a car may have gotten an easy way out., Nigeria’s fastest growing online car market, has taken a step further to encourage Nigerians to buy cars with ease. Carmudi recently completed an agreement with Rosabon Financial Services, to assist prospective buyers with car loans at zero collateral.

This new partnership will offer car buyers a swifter, smoother, and easier way to get financial assistance enabling them to purchase any vehicle of their dreams.

By integrating a loan calculator on the Carmudi website and payment quoting technology on each car listing page, customers wishing to buy a car through Carmudi Nigeria will be able to calculate how much down payment and monthly payment is needed without leaving the listing page.

According to Christain Keller, Managing Director of Carmudi Nigeria, the partnership became necessary to help Nigerians who desire to own cars but are not able to raise the money cost. “This is an amazing enhancement of the service we offer to interested car buyers. Affordable loans are not easily available on the Nigerian market, yet the demand is very high. With Rosabon Financial Services, we have found exactly the right partner to fill that need”

This service is unique because it is available to everyone with a steady income who is looking to purchase a car. “With only 30 percent down payment you could buy your preferred car and spread the remaining payment over a two year period. Unlike most car financing service where loans are limited to new cars, the loan service offered by Carmudi Nigeria covers new cars, tokunbo cars and Nigerian used cars available on the website regardless of price,” he said.

Research has shown that there is a significant increase in car loans in Nigeria in the recent years and this will increase that number considerably. Carmudi was founded in 2013 and is currently available inabout 20 countries in the world.

By Pita Ochai


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