Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,237 members, 7,780,463 topics. Date: Thursday, 28 March 2024 at 02:55 PM

Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme - Car Talk - Nairaland

Nairaland Forum / Nairaland / General / Car Talk / Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme (20372 Views)

Inside The Innoson Vehicle Manufacturing Plant As You Have Never Seen It Before / Has Anyone On Nairaland Used An Innoson Vehicle Before? What Was Your Experience / Innoson Vehicle Manufacturing Roll Out Latest Product (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by ChrisKonor: 5:52pm On Apr 25, 2016
I really don't know where exactly to post this news but mods kindly help me..

I just saw a facebook sponsored advertisement on this.
Nigeria's Vehicle manufacturer, Innoson just launched an auto finance scheme.

You can now own an IVM UMU Bus and pay later.
This bus is sold for N3.6 Million. Nigerians who wish to own a bus for the so aim of business should grab this opportunity now.

I saw on the FB advert that you've gotta balance a minimum of N97,612 Monthly.

Now 97,612 x 12months = 1,171,344

This simply means that in 2years you would have completed the payment.

I really don't know much more tho, but from Agbor delta state here to lagos, drivers make up to N18,000 after fueling and other.
If you will be employing someone he would balance at least N6,000 every day.
Now, Excluding Sundays you'll be paid about N36,000 In a week.

I don't know much on this biz but i just wanna make this known to everyone.
Business Gurus in the house should help with more details..

You can check the screenshot bellow for more light.

7 Likes 4 Shares

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by ChrisKonor: 8:41pm On Apr 25, 2016
Lalasticlacla, Seun, Marpol, Ishilove. please help with an Fp. Lets help our fellow nigerians

1 Like

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by GAZZUZZ(m): 10:22pm On Apr 25, 2016
hope the bus will last 3years grin

21 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by diportivo: 8:59pm On Apr 26, 2016
GAZZUZZ:
hope the bus will last 3years grin

Pushed hard to pay back the debt?

Dem no born d bus well!!


I expect those that know nada about cars to "sentimentally" quote u and lipsrsealed

5 Likes 1 Share

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by goodlifehyd1: 6:37am On Apr 27, 2016
100k monthly is pretty much to pay for an average nigerian, so i dont really see the advantage of this offer to a common man... cuz the documents needed would include your statement of account and the money would be deducted once your salary lands.

1 Like

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by SamuelAnyawu(m): 6:38am On Apr 27, 2016
My Igbo brothers too much Jare

God Bless Southeastern Nigeria

God Bless Nigeria

30 Likes 1 Share

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Bisjosh(f): 6:39am On Apr 27, 2016
Op u don buy? undecided grin


Abegi why didn't they apply same to a few cars?
How many people dey buy bus compared to car...yimu grin angry grin
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by shamecurls(m): 6:39am On Apr 27, 2016
GAZZUZZ:
hope the bus will last 3years grin

grin grin grin
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Reference(m): 6:40am On Apr 27, 2016
These guys are getting serious. That's good. Now the ball's in our court, whether we buy Nigeria or not. What else can they do?

12 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Ayoswit(f): 6:41am On Apr 27, 2016
Its a welcome development certainly not for low earners.

2 Likes 1 Share

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Canme4u(m): 6:41am On Apr 27, 2016
Kind gesture.

I hope the buss will last longer.
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by centmichael101(m): 6:42am On Apr 27, 2016
That a good deal..
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by KINGDOS: 6:43am On Apr 27, 2016
Good move by Innoson, the only regret is govt, sorry Buhari policies and economic approach will soon deal a decisive blow to this laudable initiative. This govt can't just provide the enabling climate for business to thrive. Zoogeria indeed!

10 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Akwasi(m): 6:43am On Apr 27, 2016
Good idea

3 Likes 1 Share

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by cyzzy: 6:43am On Apr 27, 2016
Good one. Those in this line of business should help us do the math and confirm how viable this is

2 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by shamecurls(m): 6:44am On Apr 27, 2016
Bisjosh:
Op u don buy? undecided grin


Abegi why didn't they apply same to a few cars?
How many people dey buy bus compared to car...yimu grin angry grin



Read comments in the print screen image!

It applies to all cars.....

6 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by jazinogold(m): 6:44am On Apr 27, 2016
hmm
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by shamecurls(m): 6:45am On Apr 27, 2016
KINGDOS:
Good move by Innoson, the only regret is govt, sorry Buhari policies and economic approach will soon deal a decisive blow to this laudable initiative. This govt can't just provide the enabling climate for business to thrive. Zoogeria indeed!

8 Likes 1 Share

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Smithkafors(m): 6:45am On Apr 27, 2016
For those asking whether it will last for 3yrs,I have seen people driving it for 4yrs now.please don't rubbish an opportunity like this .

21 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Exponental(m): 6:47am On Apr 27, 2016
Does it have warranty and insurance included in the package?
Can it service long distances or survive the hustling n bustling of Lagos as a commercial?

I think he should start with private cars rather than this!
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Codeblues(m): 6:47am On Apr 27, 2016
This is a good idea by Innoson.the question is how durable can this bus be on Nigerian roads for 3-4 years?
But good idea sha.

1 Like

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Princeojua(m): 6:48am On Apr 27, 2016
Nigerians and awolf. He dey run belle o.
you people think you will just go and fill form and get the Bus?
you guys will see procedures that will cause you to reject the Bus.
Have you ever applied for bank loan before? Get ready to face the Rigorous and painstaking process of owning a Bus.
Remember, failure to pay maybe kiri Kiri

2 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Empredboy(m): 6:48am On Apr 27, 2016
Bisjosh:
Op u don buy? undecided grin


Abegi why didn't they apply same to a few cars?
How many people dey buy bus compared to car...yimu grin angry grin
read it again cos they said all their motors cars inclusive. Understand?

2 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Trunaijian: 6:48am On Apr 27, 2016
Its a good one. I dont think you have to be a salary earner to subscribe. I would think they may require a collateral, surety and or conditions that will give them the power to repossess the vehicle when you default on payment. Mortgage style.

Commercial drivers can benefit from this scheme. They know their trade and should be able to come up with the monthly payments.

6 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by tammie24: 6:49am On Apr 27, 2016
Brilliant move by ivm
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by 989900B: 6:51am On Apr 27, 2016
Business just got started!

6 Likes

Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by Tapout(m): 6:53am On Apr 27, 2016
that bus wouldn't last a year on a daily movement
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by GAZZUZZ(m): 6:59am On Apr 27, 2016
diportivo:


Pushed hard to pay back the debt?

Dem no born d bus well!!


I expect those that know nada about cars to "sentimentally" quote u and lipsrsealed

I will use the report. Button grin
Re: Innoson Vehicle Manufacturing Company (IVM) Launches An Auto Finance Scheme by thefakestan: 7:00am On Apr 27, 2016
Something is wrong about your calculation!

These aren't "Hummer" Buses.



ThefakeStan

(1) (2) (3) (Reply)

Where In Lagos Are The Best Car Washes / Flash Back 2006:Mazda Destroyed 4,703 Brand New Cars After Cargo Ship Accident / How To Convert My Petrol Engine To Diesel Engine

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 24
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.