When seeking a loan against car collateral in Nigeria, your loan approval amount depends directly on the mechanical condition and physical state of your vehicle. At ALHERI LENDING COMPANY LTD, we provide cash financing up to 70% of appraised market value for car owners in Abuja, Kano, and Lagos.
Taking proactive care of your automobile ensures you unlock maximum financial equity when urgent cash needs arise.
Essential Vehicle Maintenance Checklist
- Engine & Transmission Health: Keep up with routine oil changes, transmission servicing, and fluid checks. A smooth, quiet engine ensures top-tier appraisal scores.
- Bodywork & Exterior Care: Nigerian road conditions frequently cause minor scratches and dings. Promptly fixing body damage and maintaining clear headlights elevates resale appeal.
- Complete Documentation: Keep your VIO Road Worthiness, Police CMR theft report, Customs papers, and Motor Insurance valid and updated. Complete papers speed up approval to 30 minutes.
- Clean Cabin & Working AC: A tidy interior with functioning air conditioning signifies strong overall vehicle stewardship, protecting your asset valuation.
During your loan term, your car remains securely stored in ALHERI’s 24/7 CCTV-guarded garage facility. Maintain your vehicle properly today to secure maximum liquidity whenever needed.
Have Questions About Your Car Value?
Get a free instant vehicle appraisal on WhatsApp from our team.
