DT Dobie and Bank of Africa – Kenya signed a partnership agreement to offer Vehicle Asset Financing for the purchase of the VW Polo Vivo. Under the agreement, Bank of Africa will provide up to 90 per cent financing for vehicles with a 72-month-loan repayment period.
The partnership will also offer DT Dobie customers a discounted loan-processing fee of two per cent at an interest rate of 12.5 per cent on reducing balance no matter the customer’s bank. The loans will be processed within 48 hours once all documents have been presented.
DT Dobie empowers female truck drivers through advanced driver training
John Kyalo DT Dobie General Manager Volkswagen & Mercedes Benz passenger vehicles said,
“The Volkswagen Polo Vivo has proven popular with passenger vehicle buyers. The local assembly at KVM continues to bring new car ownership within reach of many more Kenyans as an attractive cost-effective alternative to buying used cars. The vehicle comes with a four-year service plan, or 30,000 kilometres warranty.”
Speaking during the event, David Kaburi, Regional Branch Manager at Bank of Africa said,
“Strategic partnerships with new car dealers are broadening our service scope as we experience growth in the asset finance car loans segment by 50 per cent this year.
The facility is open to customers no matter their bank, which brings showroom vehicle ownership closer to Kenyans at a monthly instalment price point that is just below Kes 40,000 with the Volkswagen Polo Vivo.’’
About DT Dobie
Colonel David Dobie, a veteran of World War II, started DT Dobie in 1949. From humble beginnings, the company opened with the Mercedes-Benz franchise for East Africa which included both passenger and heavy commercial vehicles.
In 2014 the Company was appointed the franchise dealer for Volkswagen passenger cars and light commercial vehicles.
Since 2016 the Volkswagen Polo Vivo has been assembled locally by KVM at Thika and more recently the Tiguan and Touareg are also assembled by KVM.
Hyundai light trucks are also sold and serviced by DT Dobie and have been assembled locally for eight years.
DT Dobie has state-of-the-art after-sales and service facilities in Nairobi and at branches in Mombasa, Nakuru and Kisumu with dealers and service centres countrywide. The workshops are staffed by factory-trained engineers and technicians backed by stocks of genuine spare parts
About BOA Kenya
Bank of Africa Kenya (BOA Kenya) is a subsidiary of the Bank of Africa BMCE Group and operates in Kenya as a commercial bank providing banking services to corporate, SME and retail clientele. The bank has a network of 24 retail branches countrywide, two Business Centers and is regulated by the Central Bank of Kenya.
For more information, visit https://www.boakenya.com/