Peugeot Automobile Nigeria, PAN has designed a scheme to help medium and low income earners purchase Peugeot cars and pay in installments.
To give effect to the scheme, PAN, last week signed a Memorandum of Understanding (MoU) on auto loan alliance with the First City Monument Bank (FCMB) in Abuja.
The alliance between PAN and FCMB offers Nigerians who wish to own brand new Peugeot cars the opportunity to do so with a monthly payment plan spread out over five years.
Stressing comfort, safety, quality and reliability of Peugeot cars as attested to by users over the last 30 years, the Managing Director of PAN, Mr Ibrahim Boyi said that the alliance with FCMB is aimed at enabling low and medium income earners to own brand new cars.
His words ;
“You can’t take Peugeot off the roads. Some cars produced 30 years ago still ply the roads in Nigeria. This is the quality; this is the heritage we are preaching.
“We offer yet another opportunity with the FCMB for our prospective customers to relive the legacy, heritage and experience of Peugeot cars.
“Our cars today are better. They are modern to meet the developments in the markets.”
The Group Managing Director of the FCMB, who also doubles as the Regional Director, Abuja and North, Mr Olajire Awofisibe, said that the scheme offers Nigerians the opportunity to own brand new cars instead of buying used cars from Europe.
He said that the alliance with Peugeot Automobile is yet another move from the bank which has empowered over 400,000 Nigerians with loans to help more Nigerians own brand new cars.
“Instead of buying fairly used motor vehicles, why don’t you go for new ones at even a better price?’’ he said.
According to Awofisibe, repayment plans depend on model of vehicles chosen and the cash flow of the customer.
He said that the package covers free vehicle registration, free tracking, three years free maintenance service and discounted free insurance premium.
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