In a bid to ease new car ownership for prospective consumers, CFAO Motors, the new sole distributor of Suzuki cars in Nigeria barely few months of brining back the Suzuki franchiseship back to the country has unveiled a vehicle trade-in scheme.
Interestingly, the Trade is non-restrictive to car brands or models, even if it was bought as a tokunbo (used) car.
According to the Managing Director of CFAO Motors, Mr. Thomas Pelletier, the process is as simple as bringing in your current car for valuation and choosing to pay the balance for a brand new car up-front or through financing.
For example, a Brand new Suzuki Dzire sold at N6 million, can be traded in with a Toyota Corolla 2013 valued at N1.7 million. Balance due: N4.3 million upfront or 109,000 naira/monthly (up to 60 months). So, only 20% equity is needed for the financing.
Pelletier said the valuation of the car will be carried out only at the company’s showroom in Victoria Island, Lagos while financing options are also available in CFAO Motors offices in Abuja and Port Harcourt.”
For instance, with as little as N3.7m or N85,000 monthly, anyone can own a brand new Suzuki car and the models cut across compact cars, sedans and Sport Utility Vehicles with the Alto, Dzire, Swift, Baleno, Ciaz, Ertiga, Vitara and Jimny.
Suzuki Motor Corporation is a Japanese multinational founded in 1909, known for manufacturing a wide range of products which include automobiles, motorcycles and outboard marine engines. With three million cars sold globally every year, the brand is recognised for its lineup of affordable compact cars.
As a leader in specialized distribution in Africa with 117 years of existence in Nigeria, the CFAO group has built a solid relationship with Suzuki distribution network in 26 African countries, offering quality technical expertise and reliable after-sales service.
At last quarter of 2019, the Japanese Ambassador to Nigeria, Kikuta Yutaka joined Suzuki global officials led by executive director, International Marketing, Suzuki Motor, Koichi Suzuki; chairman CFAO Nigeria plc Gbenga Oyebode and managing director/country delegate, CFAO Nigeria, Thomas Pelletier to unveil a new showroom and latest Suzuki models in Lagos.