How EV Financing Works in Nigeria: 0% Interest Explained
Our 0% financing offer explained clearly — eligibility, required documents, how monthly payments are calculated, and what happens if you want to pay early.
What "0% Finance" Actually Means
Zero percent financing means you pay no interest on the amount you borrow. You pay the vehicle price divided by the number of months in your term. No hidden fees, no balloon payment, no surprises. What you see in the finance calculator is what you pay.
How It Works
- Choose your vehicle and use the finance calculator on its page to see your monthly payment at different deposit and term combinations.
- Submit a quote request indicating you want financing. Our team will contact you within 2 hours.
- Document assessment: We require valid ID, proof of address, 3 months bank statements, and proof of income. Assessment takes 24–48 hours.
- Pay your deposit (minimum 20% of vehicle price) online or by bank transfer.
- Sign your financing agreement and take delivery. Monthly payments begin 30 days after delivery.
Early Repayment
You can repay your financing in full at any time with no penalty. Contact our accounts team to arrange settlement. Many customers pay off their financing after receiving a work bonus or selling their petrol car.