When it comes to car loans and asset financing in Nigeria, Autocheck is one of the companies that comes to mind. Essentially, with Autocheck car loans, you can finance the purchase of your dream car with ease. This company helps by funding your car purchase through their loans, while you pay back the loan at your convenience. Here is how to buy a car through the Autocheck asset finance company.
An Overview of Autocheck
Autocheck is the one-stop shop for all your automotive needs. Basically, it is an automotive technology development organization that has built an infrastructure to ensure that car ownership is affordable and more accessible for people living in Africa.
Currently, the company is actively operating in 9 countries in Africa and has more than 1,500 merchants and workshop locations across Africa. Also, Autocheck has over 70 banking partners and has become widely recognized as one of Africa’s prominent car loan and asset finance companies.
How Do Autocheck Car Loans Work?
Essentially, Autocheck car loans operate by providing funding to people to purchase their dream cars with ease. When you use their services, you can buy a car without fully paying for it upfront. The company helps by buying the car on your behalf while you pay them back every month. This way, it becomes very easy to own a car.
To make the process easy and less stressful, Autocheck provides you with a variety of cars, which you can select from. You can check out their website to see the options available for you based on your needs. However, if you don’t find any car you like on their website, just mail them about what you want and they will provide it for you in no time.
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How Can I Apply For Autocheck Car Loans?
To apply for Autocheck car loans and get access to it, must follow the instructions below:
- First, visit the Autocheck official website. We’ve provided a link to the website below.
- Next, adjust the car loan calculator to find cars that are suitable for your criteria
- Thereafter, select the most suitable car and go through the platform’s terms of finance
- Tap on the “Apply for a loan” option and instantly receive personalized offers
- Accept any of the loan offers and you can collect your dream car and pay for it in instalments.
Alternatively, you can download the Autocheck mobile app from Google Play Store or the App Store on your iOS device. After you download it, sign up on the platform and find your dream car.
What Are the Requirements For Getting a Car Loan on Autocheck?
Here is a list of the basic requirements you will have to provide to get car funding from Autocheck:
- BVN
- Bank Statement
- Valid National ID Card
- Employment Records
- Business Registration Documents/Certificates
Note that the company may request more documentation to confirm your eligibility for the loan. For more information about the eligibility criteria, send an email to buddiefinancing@autochek.africa
Can Autocheck Cars be Delivered To My Preferred Location?
Yes, it is possible for you to purchase a car via this platform and get it delivered to you. Autocheck has partnered with some of the logistics companies in Nigeria to take care of all the car delivery requests. If you want to use this service, apply for it through their mobile app.
What is the Minimum Equity Contribution for Autocheck Car Loans?
The minimum equity contribution for any car you want to purchase is 30%. Basically, this implies that you must provide at least 30% of the total cost of the car before you can get the loan. The purpose of this 30% equity contribution is to show your commitment towards getting the car. If you can’t pay this money, you won’t be allowed to access the car.
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Do I Need Collateral To Apply for Autocheck Car Loans?
No, you do have to provide any collateral before applying for a car loan from this platform successfully. However, you must ensure that your monthly income can cover the cost of repaying back the loan every month. For instance, if you earn 100,000 every month, it is impossible for it to cover a car loan of up to N7,000,000.
Can I Apply for Multiple Autocheck car loans?
Yes, you can apply for multiple car loans from this platform. As long as your income can cater for the loan conveniently, it is possible to apply for multiple car loans at a goal. If you are not a high-income earner, your request for multiple loans will be rejected z
Do I Get Insurance and Warranty on Any Car I Buy?
Yes, you get a warranty package when you fund your car through this platform. Basically, Autocheck offers users a variety of warranty packages on different cars. So your car insurance and warranty depend on the type of car you want to buy and the components, cost coverage, etc. All warranty on this platform is provided by Autocheck.
What Are the Benefits of Using Autocheck Car Loans?
Here are some of the advantages of using the services of Autocheck:
1. This platform makes it very easy and convenient for you to purchase a car.
2. All products on the platform are covered by warranty, insurance, annual maintenance, as well as proper registration.
3. You get a service advisor during your car loan tenor. This advisor will see to the frequent maintenance of your car.
4. The car loan tenor and loan repayment conditions are reasonable
How Can I Contact Autocheck Africa?
Here are a few ways you can contact the Autocheck platform:
Address: 1, Sylvia Crescent Anthony Village, Anthony, Lagos
Phone Number: +234 700-288-6243
Email: info@autochek.africa
Website: www.autocheck.africa
Bottom Line
The easiest and most stress-free way to own a car today is through the Autocheck car loan platform. Essentially, they help by funding the purchase of your dream car, while you pay back the loan with ease. Before you can qualify for a car loan from this platform, you must be able to pay 30% of the total cost of the car. This upfront payment serves as a commitment fee to show that you are really interested in the purchase.
