Carviva Technologies, an indigenous tech solution provider in Nigeria, has introduced financing options in its bid to make car ownership more affordable and sustainable for Nigerians.
Towards this end, the tech firm said it has structured its payment plans to make them flexible to ensure easy accessibility as much as possible for car owners.
“By providing flexible payments, lower markups, and low-interest rates, Carviva is looking to make car ownership more affordable and sustainable for car owners to maintain their cars in a cost-effective manner.
“We at Carviva understand the current global economic conditions and have partnered a few financial institutions to enable financing options for car spare parts, lubricants, long-term car servicing plans, and other accessories.
“We believe this will encourage car owners to purchase original items and pay at their convenience. Payments are spread over three to six months with minimal interest and markups on the products.
“Our goal is to promote car ownership sustainability and make sure Nigerian drivers get the best out of their cars for the long term,’’ its Co-Founder and Chief Commercial Officer, Adebola Desalu, said.
Carviva, according to him, is committed to ensuring the safety and security of its users with an experience large enough to allow payers to be confident when making payments.
“This financing option is an exciting development for car owners in Nigeria, giving them more control over the value of their vehicles and increasing the chances of a higher return on investment,’’ he said.
The financing option is not a new concept, as it is a common practice across the world that has affected car users positively.