Own your car,
It's easy
Fast 48 hours processing and approval.
Only available in Lagos and Ogun state. *Processing fee applies*
Downpayment
Down payment is required for every hire purchase vehicle.
Valid license
A valid drivers license ensures your application is processed.
Guarantor
A guarantor greatly improves the chances of your loan approval.
How It Works
Application Form
Take a few minutes and fill our application form. It takes less than 5 minutes.
Pay Deposit
submit application and pay processing fee. Our approval process take up to 48hours.
Approved
You have now been approved and a representative would contact you to set up a time to pick up your vehicle
Cash Benefits
Monthly cash benefits for applicant with early payments.
Free Trade-In
Build credit and exchange your car easily for another with gbovo.
Full Coverage
Every car comes fully registered, with comprehensive insurance. So you are always protected.
Currently our 100% online car shopping experience is available in Lagos,Nigeria.
We offer a two weeks mechanical coverage, so you can be rest assured you would be taking care of, which mean if your vehicle were to have any mechanical issues within this time frame, we would take 100% responsibility for it.
Yes we do, we understand that you might be working with a very tight budget so we do give you the option of adding this cost to your vehicle purchase price.
Yes. Comprehensive insurance is mandatory when purchasing a vehicle through our hire-purchase program. This is to ensure that your vehicle is protected during an accident. What’s beautiful is that we can help pay for this upfront, by adding the cost to your vehicle purchase.
Customers are financially responsible for their vehicle maintenance when purchasing a vehicle through our higher-purchase program. However, we understand vehicle repairs can be expensive which is why we offer our customers customized auto-repair loans if eligible.
We work with all customers regardless of their financial situation but a down payment is necessary to get approved on our hire purchase program. Most applicants with no down payment or low down payment gets approved for Nigerian used vehicles, reconditioned to foreign used standard.
Payments on vehicles purchased through our program are calculated using three components.
Principal– The total cost of a vehicle including the car loan, comprehensive insurance, Yearly auto service etc.
Term- The length of time that payments will be made. Typically terms will run anywhere between 12 months and 36 months (shorter or longer terms are sometimes possible).
Interest Rates– The percentage we charge you to borrow money. Interest rates can vary depending on the vehicle, loan term and the borrower’s financial circumstances.