Best websites in Nigeria to buy a car and pay later (installment)

The installment way of payment has made purchasing basic necessities easier for everyday Nigerians. Individuals can now get what they want even if they don’t have the financial means to get it all at once. In Nigeria, this kind of payment has enabled the purchase of electronics, phones, and even vehicles on credit. If you’re considering the option to buy a car on loan and pay later in Nigeria, this article will put you in the right direction.

You can now get your ideal car and pay later in Nigeria. Once you’ve completed the necessary processes and filed the required documentation, you’ll be issued your key and expected to make the agreed-upon monthly payments.

As most businesses now provide online services, we’ll look at the best websites in Nigeria that allow customers to buy a car and pay later.

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Leading websites in Nigeria to buy a car and pay later (installment)

These are some of the best websites you’ll find online and buying a car from them is simple. First, you must be a salary earner with a bank account and a bank identification number (BVN). An ID card is also required.

Here is a list of the best websites in Nigeria to buy a car and pay later.

1. Autochek

Autochek is one of the leading websites in Nigeria where you can purchase both new and old automobiles. You can also sell your cars here. They also offer car finance and can assist you in finding the best car to meet your needs. On Autochek, you may buy a car by asking for a loan and paying a particular amount every month. (Until you’ve completed your payment). They offer yearly interest rates starting at 18% and a payback duration of up to 24 months.

Autocheck also has a robust mobile app. It lets you perform all functionalities that are present on their website right in the mobile app. If you want to be a car owner in Nigeria, Autochek is one of the best out there.

Before applying for a car loan with Autochek, you must have the following documents available. You will need the following documentation as a salary earner.

Work ID
Government-issued ID
Utility bill, and 12-month bank statement (of the current year).

You will, however, require the following papers as a company owner. First, CAC Certificate, CAC Form 2, Form 7, Government Issued ID, Utility Bill, and 12 Months Bank Statement (of the current year).

2. Cars45 

Cars45 is another popular website in Nigeria where you can buy, sell, and occasionally swap automobiles. They’re regarded for being one of the best auto sellers and purchasers in Nigeria. On their website, you can always discover inexpensive vehicles as well as cars in good health and ideal shape. They’ve developed a financing scheme for buying a car and paying later, allowing both income workers and company owners to buy a car and pay later.

If you want to buy a car and pay later, you may apply for this platform’s Financing. You’ll need to make monthly payments until it’s completed in 12 months. (NOTE: This financing option has a 1.25 percent interest rate).

3. Betacar 

Betacar is one of the best websites for buying used vehicles from other countries, often known as Tokunbo in Nigeria. On their website, you will find nice working automobiles at reasonable prices, as well as buy a car on loan. Purchasing a car from the platform is simple, and their payment terms are extended to allow individuals to pay at their convenience. You can simply buy a car and pay later, whether you’re a salary earner or a company owner.

The payment terms span from 12 to 24 months. Before you can receive a vehicle on loan, you’ll need to deposit an initial sum equal to at least 30% of the car’s worth. First, you’ll need the loan calculator to determine your salary and how much you’ll be paying each month. Betacar is one of the best out there, and you can always count on them to provide if you need a car on loan.

Conclusion

These are the top websites in Nigeria for buying vehicles and paying later. They all provide excellent and inexpensive automobiles in Nigeria, and their car loan policies are always the best.