By ebosele@hotmail.com –
Carloha Nigeria, the authorised dealer and assembler of Chery vehicles in Nigeria, has partnered with Stanbic IBTC Bank to introduce flexible vehicle financing solutions aimed at making Chery vehicles more affordable and accessible to qualified customers across the country.
The collaboration combines Stanbic IBTC’s vehicle finance expertise with Carloha Nigeria’s comprehensive after-sales package, providing customers with convenient repayment plans and enhanced ownership benefits.
At the heart of the partnership is the CarlohaCare 6-6-7 package, which offers six years of free scheduled maintenance, a six-year warranty or up to 200,000 kilometres, whichever comes first, and a seven-day repair promise. Under the repair guarantee, customers whose vehicles are not repaired within seven days will be provided with a courtesy vehicle.
In addition, eligible customers will receive one year of free fuel support, subject to weekly allocation, further reducing the overall cost of vehicle ownership.
Under the arrangement, Stanbic IBTC Bank will provide Vehicle and Asset Finance facilities at reduced interest rates, allowing qualified customers to spread the cost of purchasing new Chery vehicles over a repayment period of up to 48 months.
Speaking on the partnership, Managing Director of Carloha Nigeria, Mr. Sola Adigun, described the collaboration as a significant milestone in improving the vehicle ownership experience for customers.
“The collaboration with Stanbic IBTC marks a significant step in enhancing the vehicle ownership experience for our customers. This partnership will provide Nigerians with easier access to premium Chery vehicles through flexible financing solutions, complemented by excellent after-sales support and the confidence that comes with the Chery brand,” he said.
Executive Director, Personal and Private Banking at Stanbic IBTC Bank, Mr. Olu Delano, said the partnership extends beyond financing to creating opportunities for more Nigerians to own reliable vehicles.
“This partnership with Carloha Nigeria goes beyond vehicle financing; it is about creating opportunities for more Nigerians to access reliable mobility solutions. Together, we are enhancing the customer experience through convenience, transparency and flexible financing options while contributing to the growth of Nigeria’s automotive sector,” he said.
Also commenting, General Manager, Marketing at Carloha Nigeria, Felix Mahan, said the partnership offers customers a unique combination of affordable financing and exceptional after-sales support.
According to him, customers will benefit not only from Stanbic IBTC’s flexible financing solutions but also from the CarlohaCare 6-6-7 package, which lowers the cost of ownership and provides peace of mind throughout the financing period.
The partnership will run until June 2027, with interested customers encouraged to visit Carloha showrooms nationwide or contact Stanbic IBTC Bank for information on eligibility requirements and available financing options.
