Vehicle registration in Nigeria – what are the required documents? Viewing 15 posts - … HILANDER, SIENNA, CAMRY, HILUX, COROLLA etc. But technically, you can’t lay 100% claim to it until you pay the total price. The buyer doesn’t have full ownership of the car until he/she makes full payment. No transaction would qualify as a hire-purchase transaction unless it complies with the definition. A hire purchase business is typically a kind of loan business used to purchase large item usually a car or motorcycle. Even when you don’t have a lump sum to pay for a car, it’s made available to you. Bus360ng is Nigeria's leading bus hiring company, we can get you a bus for your event at an affordable rate. Get all the information you need in this post, from hire purchase contract to list of car financing companies in Nigeria! Anything that isn’t contained in the document, isn’t part of the contract. Address: 256, Zone AO, off Herbert Macaulay Way, behind Unity Bank building, Central Business district, Abuja FCT, Abuja gathers a lot of car hire purchase services, Address: Plot 215 Ademola Adetokunbo Cres, Wuse II, Abuja, Address: Nnamdi Azikiwe International Airport, Abuja, Address: Rockview Hotel, Plot 789, Adetokunbo Ademola Crescent, Wuse II, Abuja, FCT, Address: 1 Aguiyi Ironsi St, Maitama 900271, Abuja, Nigeria, Address: LTD Plot 388, Constitution Avenue, Central Business District 002349, Abuja, Address: No 6 Bolton street Suncity Estate, Abuja, Nigeria, Address: Suite 17, 4th Floor, Metro Plaza, Zakariya Maimalari Street, Central Business District, Abuja, FCT, Address: 72 Otunba Adetoro Drive, Off Lekki Beach, Lekki, Lagos, Address: beside Baptist church, Choba Emohua, Rivers State. The following companies did not match exactly but may also be of interest to you. Naijauto has some suggestions here. If you have a regular job or run a business, you can’t shy away from moving around. When you rent a car here, Lagos will become so much easier to get around so be sure to visit the Black Heritage Museum and Freedom Park Lagos for a journey into the past. Car hire purchase in Nigeria is an opportunity for you to own your own car via installment payments when you don’t have a lump sum to pay for it outrightly. The history of this closed-end leasing (a.k.a) rent to own dates back to the 19th century in the UK. Smoke coming from the oil filler cap – Why and how to fix it? Our bus hiring service is appropriate for small and big companies looking for staff bus for retainer service or pay per use scenarios. As a buyer, it’s important to note that the seller has the right to repossess the car if you are unable to make payment as agreed in the contract. With car hire purchase in Nigeria, you can make it a reality. More info. With a little skill of searching for information on the Internet, you can easily find names and addresses of hire purchase companies in Nigeria. We are a fast growing bus rental and car hire company based in Lagos, Nigeria. A hire purchase agreement is a legal document which includes clauses stating … Such a loan given to customers is the commercial hire purchase also known as corporate hire purchase. The buyer must be willing to abide by their conditions to be eligible. You don’t have to go through the hassle of jumping buses. Citrans Global Limited; Contact: 07000733222. Keep walking or jumping buses? Car hire purchase in Nigeria saves you the trouble. The long wait at the bus stop and inconvenience on the bus are reducing your productivity. A hire purchase bus contract is mutually beneficial to both parties. Our Cars. The former is the registered owner while the latter remains the legal owner as long as the transaction is incomplete. Depending on the agreement reached, the drivers remit certain amounts to the owners. Top Lagos Equipment Hire: See reviews and photos of equipment hire in Lagos, Portugal on Tripadvisor. Section 20(1) of the Hire-Purchase Act defines hire-purchase as “the bailment of goods in pursuance of an agreement under which the bailee may buy the goods or under which the property in the goods will or may pass to the bailee.” This definition of hire-purchase is strict. In recent weeks, we have seen the significant economic impact of the coronavirus on various industries such as: manufacturing, tourism, hospitality and travel. Commercial hire purchase (CHP) enables you to acquire a car by making monthly installment payments while you make use of the car for the purpose intended. What are the SUV vs Crossover differences: which is better for you? Individuals and institutions make buses available to drivers for operations. Gaskins Car Hire Services Poatson Compound, 254 Agege Motor Road, Lagos., Ikeja, Lagos Gaskins Car Hire Services is a subsidiary of G.O Gaskins Nigeria Ltd. We have been in operation for over a decade, this accounts for our experience and penchant for excellent service. 24 Bisola Durosimi Etti Drive, Lekki phase 1, Lagos. Though we can list out their contacts here, we do not ensure their service quality, so you had better visit their offices directly. Jumping from one bus to another is an added stress to the already stressful life in the country. The simple and transparent prices! But if your asking who is best then only Koncept Autocentre is the Authorized vehicle assembler & distributor of Chevrolet & Isuzu brands in Federal Republic of Nigeria. The agreement must fulfil legal requirements of the Indian Contract Act 1972 and the Sale of Goods Act 1930, as the case may be. Example, hire purchase of motorcycle stating #30,000 per month for 7month, this agreement comprises of company letter headed paper including company registration number. Called installment plan in places like India, hire purchase is simply a process whereby you purchase a car with the option of paying in installments over a stipulated period of time. It’s explained to erase any doubts or assumptions by either party, and for the information of third parties. Avoid being taken for a ride by your car rental company with this comprehensive list of rip-offs. Car hire purchase in Rivers State. His works have been published in top local and international publications including Forbes, HuffPost, ThriveGlobal, TheNextScoop and Nigeria360 among others. If you are going for used cars for sale, you need to be very careful about the interest rate because there might be hidden problems in the car that will incur expenses. 0705 593 1081. Car hire purchase in Lagos. We have been able to bridge the gap between bus owners and Lagosians in need of buses for all occasions and events. Company List. For many, renting a car is as much a part of a holiday as booking the flights and the hotel. Address: 72 Otunba Adetoro Drive, Off Lekki Beach, Lekki, Lagos. Having made half payment of the agreed price, the buyer can return the car without making any more payments, if he/she is no longer interested in the hire purchase. Find in our directory the list of companies by tag Hire Purchase in Ghana. Commercial drivers acquire buses from their owners after paying a deposit, and make the remaining payment in instalments as they work. Interest rate for the payment is also stated in the instalment plan. Map. Car rental in Lagos with Sixt. A hire purchase contract is based on agreements by the parties involved. However, the rates are better for new cars. Being the owner of the car, the seller issues a payment plan, and deliberates on it with the buyer. Well, your question could mean one of two things: 1. You can ask for N1 million up to N20 million to pay for maximum 70% of your brand new car. Website: http://www.stanbicibtc.com/Nigeria/Individual/Borrowing/Car-Loans. Many Nigerians yearn to own a car of their own, but paying fully for one is a luxury most of them can’t afford in this economy. Our buses maintenance and safety check is very thorough and … Interest rates for hire purchase differ based on the car type and loan issuer. Jiji.ng 246 Hire / Rent Car ready for offer they help! Lagos state vehicle registration & plate number verification, Tips on reliable dealerships in Nigeria to buy cars from. What do D1, D2 and D3 mean in automatic cars? Please do you know of any reputable car hire purchase company in lagos,am interested in buying a car and putting it up for UBER ,I would appreciate your response on this . Due to the expensive prices of cars, hire purchase has become a common practice across the world. between 1960 and 1965, there were a number of hire purchase companies that specialized in financing consumer goods purchases. Car Rental Companies in Lagos, Nigeria. Apply for Contract-to-hire jobs in Lagos, Lagos State • Explore 7.500+ new and current Job vacancies • Competitive salary • Full-time, Temporary, and Part-time Jobs • Fast & Free • Top employers in Lagos, Lagos State • Contract-to-hire jobs is easy to find • Start your new career right now! People who had low credit and couldn’t afford certain expenses were given the opportunity to acquire the items instead of forfeiting them. Designed by Naijauto team. The buyer isn’t required to pay the total price for the car at once, but he/she must make a deposit. There is no ‘Option to Purchase’ fee payable, like there is with a hire purchase, so you’ll automatically become the vehicle owner once you’ve made all your repayments to your lender. The company was incorporated in 2012 and has rapidly grown over the years to become one of the foremost equipment leasing firms in … Such rights can be exercised according to the provision of the contract signed. 6 talking about this. Key components of the agreement include: Check the terms carefully before putting down your name! This kind of business is very popular in Africa most especially Nigeria. With a third of the total price paid, the lender loses the right to repossess the car from the buyer forcefully without getting a court order in that regard. Search Search. Owning your own car doesn’t have to be a dream for so long. Address: beside Baptist church, Choba Emohua, Rivers State >>> You might be interested in: Reply. Commercial bus driving is a common business in Nigeria. He holds a bachelor's degree in Mass Communication from University of Jos and a master's degree in Mass Communication from University of Lagos. Home › Forums › Cities › Lagos › How can I Hire Uber driver in lagos This topic has 32 replies, 2 voices, and was last updated 10 months, 3 weeks ago by omotola . For those who want information for conditions on Hire Purchase of Buses these few tips might help; 1. How can I get a mini-bus for hire purchase in Lagos, Nigeria? Discover Avis car rental options in Lagos, Nigeria, Locationswith Avis Rent a Car. When coming to Diamond Bank for an instalment payment, you will know exactly how much you have to pay with clear-cut terms and interest rates. Look out for the right deal, and grab it while you can. In this context, the total car price is clearly stated. Find the best offers! The company has its branches spread over Nigeria, from Port Harcourt to Benin with different contacts, so we put here the contacts of its Head Office in Victoria Island. This shows their commitment to acquire the car. Are you looking for reliable places for car financing in Nigeria? 3 Shubhlaxmi Shopping Centre Rani Sati Marg Malad (E) Mumbai 400097.... 32 Ang Mo Kio Industrial Park 2 Sing Industrial Complex 569510, Entire Car Hire Snowhill Copthorne West Sussex England Rh10 3eq, Crystal Marquee Hire Bramble Farm Shere Road. The lender makes a commitment to acquire the car on your behalf, afterwards, hires it to you for an agreed period of time. Providing SUVs and Superior Service for Less Unity Global Ventures car rental car hire service in Lagos, Nigeria guarantees that you will be chauffeured in a comfortable air-conditioned SUV/Jeep and Buses for an affordable price starting at N11,500 a day (without fuel). Rentall is Nigeria’s first and largest multi-vendor rental platform that connects people … While another agreement stating #50,000 for the same 7month on the same motorcycle. This means you must get 30% payment ready in your hand before visiting this bank. Every Real Estate in Nigeria posted on this site is verified by real estate agents in Lagos. ... We are a reputable company that offers you the chance to purchase your brand new cars on lease. As long as they could pay a deposit, they’d sign a contract that allowed them to take the item and pay for it monthly. Interview with female car dealer in Lagos: How to survive among men, buying tips shared by industry experts and insiders, http://www.stanbicibtc.com/Nigeria/Individual/Borrowing/Car-Loans. Hire Purchase Company; Contact: 08036656340 or 08067807234. Terms and conditions of the agreement are created by the issuing party or broker. Each item or clause of the contract must be spelt out. Abbatiore road Comm 20 industrial area, tema, Tema. This includes our fantastic range of luxury vehicles such as: Prado jeep, G-WAGON, RANGE ROVER. Vehicle hire services offers everything you would like from a luxury car company in Lagos Nigeria. We have a total of 24,200 Property & Houses for rent in Lagos updated on 27 Dec 2020 . Also, you must have a Class-D license and 5-year driving experience. Interest rate is a major factor to consider in a hire purchase transaction. Hire purchase is guided by a formal contract signed by both parties – the seller and the buyer. Mr Peter August 25, 2017. i have a 2010 toyota for hire purchase call me on this number if interested 09090142137. Not just cars, you can hire purchase buses or even Keke in Nigeria. The installment plan is mutually agreed upon and stated in the contract. 1 Rentall. Naijauto.com brings you all you need to know about getting a car of your own via hire purchase. One of the most exciting cities in Nigeria, Lagos is a world of culture and attractions. The Stanbic IBTC Bank offers finance solutions to both individuals and enterprises in Nigeria. of high class model. Hire purchase is a form of car finance that can be used to buy a new or used card. Luzcar is a Algarve Car Hire company that has been based in Lagos, Algarve for over 30 years.. Our family atmosphere allows us to always be ready to help and inform our customers and friends. Choose from best people and companies in Nigeria! Hire Purchase companies in Nigeria ... Nacog Technology and Investment Limited Info Email Phone Niger Street Parkview Estate Ikoyi- Lagos- … Given that you aren’t making full payment at once, such an option comes with interest to the seller. Conditional sale is similar to hire purchase but you’ll own the car at the end of a conditional sale agreement. Among these properties are houses, lands, shops, apartments, flats and commercial spaces in Lagos. Particularly, search engines can also filter the list based on your location. The latter seeks to regulate the agreement between the hire purchase company and the motor vehicle purchases. Car Hire at Faro Airport Algarve. Competitive rental rates. Chris Odogwu is a Content Writer and Journalist. A member of the Nigerian Institute of Public Relations (NIPR), the thrill he gets from writing about exotic cars feels almost the same as riding in them. Hire Purchase companies near Lagos, Nigeria covering Automobiles, Other Security & Protection Products, Other Service Equipment, Other Electrical Equipment, and more. Hire purchase is governed by Hire Purchase Act in 1972. Top on the list, is the right to pull out of the contract for valid reasons. In case you don’t have enough time, refer to the following companies suggested by our readers. 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