In a groundbreaking move for prospective car owners, Stanbic IBTC Bank has partnered with CIG Motors, the driving force behind the renowned automobile brand GAC Motors.
Eko Hot Blog reports that the partnership, officially signed at the GAC G-Style showroom, seeks to streamline the often-complex process of owning a brand-new vehicle by introducing a flexible repayment structure and an attractive 10% discount rate on all vehicles purchased within a 12-month period.
As part of this collaboration, CIG Motors is offering an impressive five-year warranty on all GAC vehicle models.
In addition, customers who opt to purchase through the Stanbic IBTC Vehicle and Asset Finance (VAF) product will benefit from exclusive incentives, making this partnership an enticing proposition for those looking to acquire a new automobile.
The timing of this initiative is significant, as it addresses the growing demand for affordable car ownership options among individuals and families.
Jubril Arogundade, Executive Director, CIG Motors, expressed delight at the partnership stating that “Through this partnership, Nigerians are guaranteed to experience a premium and hassle-free process in owning brand new vehicles that suit their taste”.
CIG Motors’ expertise in the automobile sector, enhanced by Stanbic IBTC Bank’s Vehicle and Asset Finance (VAF) scheme, will allow equal opportunity for customers to own cars without stress or worry”, He added.
CIG Motors, a distinguished automobile company recognized for its innovative designs and dependable vehicle offerings, has made this scheme accessible to a wide range of potential customers.
Both individual Nigerians, including self-employed individuals, and businesses aiming to expand their fleets can take advantage of this opportunity.
During the event, Olu Delano, Executive Director, Personal & Private Banking, Stanbic IBTC Bank, emphasised that, “The collaboration enhances the purchasing power of our customers, enabling them to access a broad range of brand-new vehicles under CIG Motors.
It also highlights our commitment to fostering economic growth in the communities we serve.
“Stanbic IBTC Bank and CIG Motors’ collaboration illustrates a broader trend of growth between financial institutions and automobile manufacturers,” he added.
As the automotive market expands, collaborations like Stanbic IBTC Bank and CIG Motors are crucial for promoting customer satisfaction and fostering loyalty.
The combination of quality vehicles and favourable financial solutions is set to transform the car-buying experience, making it efficient and enjoyable.
Click here to watch our video of the week:
Israel's military carried out lethal airstrikes on Houthi targets in Yemen early Thursday, following the…
Sony Invests $300 Million in Kadokawa, Expanding Game and Anime Portfolio Sony, the Japanese tech…
Operatives of the Oyo State Police Command have detained the principal of Islamic High School…