Are you eyeing a vehicle being marketed in Kenya by CFAO Motors such as Mercedes Benz, Toyota, Volkswagen, Suzuki or Hyundai? Whether you want to buy a brand new or second-hand vehicle, NCBA and CFAO Motors Kenya have entered a strategic partnership that will allow customers to access up to 100% financing to purchase a wide range of new and pre-owned vehicles.
The offer is valid to consumers across all segments ranging from personal vehicles to commercial trucks and buses.
Among the target customers are those who would like to upgrade their vehicles to newer models which will be facilitated through the trade-in facility, courtesy of CFAO Motors Automark brand.
SMEs and large businesses will get a 90-day repayment holiday and up to 72 months repayment period. The same will apply to PSV operators and learning institutions eyeing the Hiace brand with Tour Operators getting a boost on the Land cruiser 70 series.
Speaking during the unveiling of the partnership, NCBA Group Director, Asset Finance and Business Solutions Lennox Mugambi said the partnership is designed to allow customers effectively take up the wide range of vehicles from CFAO Motors Kenya.
“We are excited with this new partnership as it reaffirms our commitment to offer a strong asset finance value proposition to our customers who are keen on owning their first vehicles or even upgrading.
“Given the current economic challenges, Kenyans have had to readjust their priorities and that is why as NCBA, we are constantly seeking strategic partnerships that will make vehicle ownership more convenient and affordable for all,” said Mugambi.
On his part, CFAO Motor Kenya General Manager – Vehicle Sales, Daniel Maundu said CFAO Motors has a key role to play in creating the necessary enablers that will result in ease of access of various motor vehicle brands across the country.
“The coming to fruition of this agreement aligns with our long-term agenda to leverage partnerships geared towards providing true value to our customers. At the same time, it also reflects our commitment to keep the consumer at the heart of what we do, in keeping with our vision to be the preferred partner for mobility solutions,” said Maundu.