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Mikano, Autochek Set to Roll Out Virtual Showroom, Expand Auto Finance

Mikano, Autochek Set to Roll Out Virtual Showroom, Expand Auto Finance 

Mikano Motors and Autochek Africa are to launch a virtual showroom and expand digital auto financing options in Nigeria, signalling a fresh shift in how vehicles are bought and financed in the country.

The partnership, set for formal unveiling on February 27, 2026, at Mikano Motors’ Victoria Island showroom in Lagos, will see the creation of a dedicated Mikano Motors Virtual Showroom on Autochek’s marketplace.

Through the platform, customers can browse Mikano’s vehicle lineup — including Changan, Maxus and other brands in its portfolio — compare models, and access tailored financing options without leaving the digital space.

Buyers will also be able to explore structured auto loans, flexible payment plans and receive quicker credit assessments within a single ecosystem.

The move effectively migrates critical stages of the car-buying journey online, reducing the delays traditionally associated with financing approvals and documentation.

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Group Executive Director of Mikano, Joelle Haykal, said the initiative aligns with the company’s commitment to enhancing customer experience.

“Our goal is not just to sell vehicles, but to simplify ownership,” she said, noting that integrating financing into the buying process gives customers more flexibility and control.

Autochek, a technology-driven automotive marketplace operating across Africa, leverages data analytics to power credit decisions and financial services designed to lower the barriers to vehicle ownership.

By embedding financing directly into vehicle listings, the platform aims to streamline transactions and improve transparency.

Industry analysts say the collaboration reflects a broader trend of digital transformation sweeping across Nigeria’s automotive sector, as dealers and financiers adapt to evolving consumer expectations.

For Mikano Motors, a subsidiary of Mikano International, the deal expands its market reach through digital channels. For Autochek, it strengthens its presence in Nigeria’s new vehicle segment.

Together, both firms are betting on a hybrid retail model that blends physical showrooms with seamless digital access — redefining the path to car ownership in Nigeria.

“The demand for vehicles in Nigeria has never been the issue; access to financing has,” said Etop Ikpe, Chief Executive Officer at Autochek Africa.

“Our partnership with Mikano Motors is designed to close that gap. By combining Mikano’s premium vehicle portfolio with our embedded financing technology, we are unlocking access to multiple banking partners with fast approvals so that anyone can find an offer that suits them, allowing more Nigerians to own brand-new cars with confidence.”

Trends Admin

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