Mikano Motors Promotes Affordable Vehicle Financing Solutions

Mikano Motors made a commitment to affordable vehicle ownership during the Lagos Chamber of Commerce and Industry (LCCI) Automobile & Allied Services Group Symposium held in Lagos. The symposium focused on the theme, “From Subsidy to Credit: Can Vehicle Financing Replace Fuel Subsidy as Nigeria’s Mobility Equalizer?” Mikano Motors emphasized the relevance of discussions on rising transportation and vehicle ownership costs affecting individuals and businesses.

The company showcased the Changan UNI S and engaged in discussions about operational efficiency, reliability, performance, and total cost of ownership. Mikano Motors highlighted the importance of assessing vehicles beyond purchase price, advocating for collaboration among automotive companies, financial institutions, and policymakers to create a stronger vehicle-financing system.

The company stated that realistic repayment structures and transparent ownership costs are essential for informed decision-making. Mikano Motors also mentioned financing options available through partners like UBA Bank, Access Bank, and Autochek for individuals and businesses seeking vehicle acquisition.