Coscharis Mobility launches vehicle finance scheme

Launching the new scheme tagged, Vehicle Ownership with EASE,  at  a media briefing in Lagos, Managing Director, Coscharis Mobility Limited, Christian Chigbundu, disclosed that the introduction of the new scheme was informed by the need to offer some relief in view of the current scarcity of cash flow with both individuals and corporate entities in the country.

The current cash crunch, according to Chigbundu, is a development that has been a challenge towards the purchase of some necessities,  courtesy of so many factors, most especially the sudden disruption of the entire world by the Covid – 19 pandemic in 2020.

“Such needs clearly include the purchase of automobiles which is the solution we are offering Nigerians today with our fantastic offer of “pick any vehicle brand of your choice from any Coscharis Motors showrooms nationwide and leverage on instalmental payments courtesy of Coscharis Mobility”, ” he said at the event held at the company’s head-office in Ikeja, Lagos. He listed options available to interested customers to include outright purchase, finance purchase, lease purchase and rent option, saying his company would offer essential advice and guidance based on individual customer’s  peculiar needs and assessment.

Collaborating Chigbundu’s explanation, General Manager, Marketing and Corporate Communications, Coscharis Group, Abiona Babarinde, maintained that the company’s loyal customers and prospective ones cannot afford to miss out in this window of opportunity to own a vehicle at this period with ease and peace of mind.

“This collaboration between two sister companies within the Coscharis Group is definitely going to be a watershed within the auto sector in Nigeria going by the strong pedigree the two entities have as industry leaders in auto sales, aftersales and logistics amongst others,” Babarinde said.

According to him, “Coscharis Motors’ impressive portfolio as the exclusive representative of globally respected iconic auto brands in Nigeria like the Rolls-Royce, BMW, Mini, Jaguar LandRover, Ford, Renault and Morris Garages provides several options for discerning buyers to pick from as a matter of choice.”

Chigbundu however added that “Coscharis Mobility has the exclusive franchise representing the renowned respected brand when it comes to logistics business globally, which is SIXT in Nigeria.”

He listed the simple steps for interested customers willing to benefit from the new scheme to include the identification of  the vehicle of their choice in any Coscharis Motors showroom nationwide; Make an initial deposit of between 10% to 30%; the vehicle is subsequently delivered and the beneficiary will be expected to pay the balance over an agreed period of between 12 to 36 months.

He however stressed that though Coscharis Mobility Limited is a leasing company and not a bank, the company is showcasing the new scheme with fast-track transactions, flexibility in terms, customised service, customer service and continuous support throughout the lease period even as he disclosed that the entire transactions could be completed within seven days and the desired vehicle delivered thereafter..

“The beauty of this partnership is to jointly delight our common stakeholders with combo of exciting options from the brand of

vehicles to pick from coupled with ease of paying for them; from the premium brands to the budget brands,” Chigbundu said, adding, “You will agree with us that this scheme offers you value for your money as our pay off line states.”

Starting out about seven years ago in 2014 as a leasing, logistics and car rental company, Coscharis Mobility Limited, a member of the Coscharis Group, now operates in all the five star hotels in Lagos and ranks between the second and third leading leasing/logistics company in Nigeria.