Cars45 – an automotive trading platform, revealed that has plans to increase its retail outlets to 100 across the country before the year ends.
The firm, which recently launched a new partnership with Oloworay Autos in Lagos as its fifth retail franchise outlet, said it was an attestation of its commitment to conceiving opportunities for dealerships within the nation’s auto industry as well as explore new platforms for the convenience of end-users.
The Chief Financial Officer, Cars45, Olajide Adamolekun, revealed that Cars45 had been a value-driven business, providing transparency and trust for car dealers and end-users such that they were assured of the good condition of the vehicles purchased.
“This is our fifth franchise location and we are looking to expand to 100 before the end of the year. This franchising model helps us to increase our footprints and deepen our commitment to creating delightful consumer experiences by offering people a fast and convenient way to buy cars,” he said.
Adamolekun said some of the benefits being offered to both dealers and end-users by Cars45 included consumer financing and after-sale support.
“We have partnered some banks and financial institutions to ensure that people have access to credit when buying vehicles via our website. In terms of after-sale repairs and servicing, we are partnering standard service providers to avail consumers with the opportunity to receive best-in-class support via a product we have tagged ‘Annual Maintenance Contract’,” he said.
According to Adamolekun, Oloworay is part of the success story of Cars45, adding that from humble beginnings as a brand, the company has grown from pushing four cars in a month to huge volumes.
“We are confident that the company can replicate the Cars45 value of providing peerless consumer experience,” he said.
The Chief Executive Officer, Oloworay Autos, Raymond Oladugba, said he was proud to be associated with the Cars45 brand as it had opened up the marketplace to a lot of young people, empowering them to change their story and delivering value in the used car’s space in Nigeria.

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