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Cheki Launches Vehicle Finance Scheme

  • Cheki Launches Vehicle Finance Scheme

Cheki, a digital marketplace for cars in Nigeria, has announced the introduction of a vehicle finance scheme expected to ease the car buying process for Nigerians.

It said the scheme called Checki Finance was one of the products it launched as part of the firm’s development programmes and long-term plans aimed at improving the car-buying experience among Nigerians.

The Chief Executive Officer, Cheki.com.ng, Gbenro Dara, described Cheki Finance as a quick car loan service. The other product, the Cheki True Price, would serve as a car price comparison tool.

Under the arrangement, he said car buyers could apply for loans to purchase cars being sold on Cheki.com.ng, adding that this could be done at the click of a button.

The Cheki True Price, according to him, aims to foster price transparency and helps car buyers get value for the money they intend to spend on acquiring cars.

He said, “Cheki Finance is a car loan service designed to effectively meet the financing needs of car buyers in the country. This service aims to provide car buyers with quick car loans for the purchase of Nigerian used cars, foreign used (Tokunbo) cars, or brand new cars that are available on its website.

“Cheki.com.ng. Cheki is offering the exciting car loan service in collaboration with top-rated financial institutions in Nigeria at very conducive terms and conditions and convenient interest rates.”

“Our strong commitment to customer-centricity is what has allowed us to remain a top player in Nigeria’s automotive market for almost a decade. In furtherance of our efforts, we’re investing more in technology solutions that help our users to overcome the most prevalent challenges as regards car acquisition.”

The firm’s Marketing Campaign Manager, Ikenna Oyenta, described Cheki as a digital marketplace for quality vehicles.

He said, “The platform provides car buyers with a wide variety of quality cars and supports car purchasing with a range of supplementary services that include car loan, insurance and car buying concierge. Cheki also provides private car sellers and car dealerships of all sizes with qualified leads and buyers.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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