Autochek offers more financing options to auto buyers – The Sun Nigeria
By Omodel Adigun
Automotive technology company, Autochek is committed to providing greater access to finance for motor vehicles in Nigeria and across Africa.
Speaking at the inaugural Auto Finance Summit in Lagos, Autochek Managing Director Etop Ikpe pointed out that various stakeholders had worked in silos in the past and that the auto sector needed a financing approach. at many levels to reach its full potential in Nigeria. and across the continent.
Ikpe further pointed out that finance is critical for the automotive ecosystem as it plays a critical role in alleviating transport poverty and impacts the entire value chain including dealerships, workshops , SMEs and ultimately the consumer. He also highlighted the need to educate consumers on how to responsibly access credit and make the most of the financing solutions available to them, as well as other related services.
With operations across West and East Africa and a partner-led retail footprint in over 1,000 dealer and workshop partner locations, Autochek is committed to creating solutions for improve trade and synergy between the various stakeholders in the African automotive sector. Its products and services include facilitating access to automotive loans, quality maintenance/after-sales services, warranty solutions and transactional marketplaces.
Mayokun Fadeyibi, SVP West Africa, highlighted that Autochek is building the infrastructure to make car ownership more accessible and affordable for more Africans and this event brought together key stakeholders to Engage in the conversations needed to drive growth and opportunity in Africa’s automotive sector.