CIG Motors has teamed up with First City Monument Bank (FCMB) to make vehicle ownership easier for Nigerians through flexible financing solutions tailored for individuals and corporate entities.
The partnership offers access to FCMB auto loans of up to ₦70 million, with repayment periods extending to five years, specifically for the purchase of brand-new GAC Motor vehicles.
The auto financing scheme includes attractive benefits such as:
- Free vehicle registration
- A free one-year service package
- A ₦600,000 fuel voucher
- A five-year or 150,000km warranty
- Complimentary accessories like fire extinguishers and foot mats
During the Memorandum of Understanding (MoU) signing at the CIG Motors Grand Auto Fair in Lagos, Jubril Arogundade, Executive Director of CIG Motors, highlighted the initiative’s goal of enhancing accessibility to quality mobility solutions.
“With this new partnership, we are driving towards a future where more Nigerians can enjoy world-class mobility and meet their aspirations,” Arogundade stated.
Mrs. Yemisi Edun, Managing Director of FCMB, represented by National Head of Sales Mr. Emmanuel Comla, described the partnership as a seamless pathway for customers to achieve vehicle ownership.
“It eases the challenges often associated with acquiring a vehicle, turning this cherished life