Carloha Nigeria has partnered Stanbic IBTC Bank to introduce a vehicle financing scheme aimed at making Chery vehicles more affordable for Nigerian motorists through flexible repayment plans and enhanced after-sales support.

The collaboration combines Stanbic IBTC’s vehicle financing capabilities with Carloha’s after-sales package, allowing qualified customers to spread the cost of purchasing a new Chery vehicle over a repayment period of up to 48 months at a reduced interest rate.

Under the arrangement, buyers would benefit from CarlohaCare 6-6-7, which includes six years of free scheduled servicing, a six-year or 200,000-kilometre warranty and a seven-day repair promise.

Commenting on the initiative, Managing Director of Carloha Nigeria, Sola Adigun, said the partnership was a step towards improving vehicle ownership by giving more Nigerians access to Chery brands through flexible financing backed by strong after-sales support.

Also, Executive Director, Personal and Private Banking at Stanbic IBTC Bank, Olu Delano, said the initiative extended beyond financing.

According to him, it is designed to expand access to reliable mobility solutions while supporting the growth of Nigeria’s automotive industry through convenient and transparent financing options.

The financing programme would run until June 2027.