Hyundai Motors and Access Bank partners on a new a purchasing scheme offer of "buy now pay later"
Hyundai Motors and Access Bank partners on a new a purchasing scheme offer of "buy now pay later"

Hyundai Motors and Access Bank partners on a new a purchasing scheme offer of “buy now pay later”

Hyundai Motors Nigeria Limited (HMNL) in collaboration with Access Bank plc has launched a vehicle finance scheme to enable customers and fleet buyers to buy precision engineered and affordably priced made-in-Nigeria Hyundai vehicles.

The scheme which is ongoing is designed to encourage local patrons to own and drive Hyundai vehicles, using convenient bank credit with low interest rates.

Announcing the scheme in Lagos, the duo of Hyundai Motors Nigeria, manufacturers and distributors of Hyundai vehicles and Access Bank PLC explained that the scheme has convenient monthly repayment tenor up to forty-eight months (48) months, depending on the customer’s payment option.

While also adding that a three month payment holiday will be offered to customers from date of disbursement, the facilitators of the scheme said customers would in addition be offered labour free service for six months or 10,000kms (whichever is first) and warranty of five (5) years or 100,000kms (whichever is first).

Both establishments brokered this agreement in Lagos at the launch of the scheme aimed at easing challenges associated with accessing low interest bank credit to procure choice cars.

Head, Sales,  Hyundai Motors Nigeria, Gaurav Vashisht, said, “The offer was intended to ease vehicle acquisition and assist customers including those without a functional account with Access Bank to access the facility.

You can now walk into any Access Bank branch to apply for credit to buy your choice car and thereafter, pay conveniently,” said Vashisht.

The offer which can be accessed in all Hyundai Motors Nigeria Limited accredited dealers nationwide covers select Hyundai models like Hyundai Accent, Elantra, Sonata, Kona, Creta, Tucson SUV and H1 Bus.

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