Inchcape Kenya has signed a strategic Memorandum of Understanding (MoU) with Safaricom Sacco Limited, enabling Kenyans to access competitive vehicle financing across Inchcape's range of brands, including BMW, BMW Motorrad, Jaguar, Land Rover, and the newly launched Changan Auto.

The partnership provides customers with up to 100 per cent financing at a remarkably low interest rate of 1 per cent per month, with flexible repayment periods of up to 48 months.

Julia Vershinskaya, Managing Director of Inchcape Kenya, expressed her enthusiasm, stating, “Inchcape Kenya has a range of products from executive vehicles, affordable passenger vehicles, and light commercial vehicles for your business."

"From the premium range of Jaguar, Land Rover, and BMW to more affordable, fuel-efficient Changan models. Inchcape Kenya is committed to providing mobility solutions for all," she added.

Changan Auto, which is newly introduced to the market, offers models with cutting-edge design, enhanced safety, and superior fuel efficiency at competitive prices.

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Vershinskaya highlighted its appeal, noting, “As we continue diversifying our portfolio, Changan brings high-quality, value-for-money vehicles catering to families, individuals, and businesses. Their cutting-edge design, enhanced safety features, fuel efficiency, and affordability make Changan a formidable option, even more so with this 1 per cent monthly interest rate.”

The Changan light commercial models start at Sh2.2 million VAT inclusive, while passenger vehicles are priced from Sh2.8 million VAT inclusive.

Safaricom Sacco’s CEO, Joseph Njoroge, affirmed the SACCO's commitment to enhancing vehicle accessibility.

As a leading Tier 1 Deposit Taking SACCO regulated by SASRA, serving over 18,000 members with an asset base of over Sh11.5 billion, we are excited to partner with Inchcape Kenya to make vehicle ownership more accessible by enhancing their journey from dreaming of a new car to driving it off the lot with confidence," Njoroge said.

He also encouraged members to take advantage of this opportunity, adding, “The ultra-low interest rates and flexible repayment periods will make purchasing vehicles easier than ever. Moreover, our SACCO is currently open for membership. We encourage both existing and prospective members to take advantage of this unique opportunity to own vehicles from Inchcape’s renowned range, including the exciting new Changan models that offer fantastic value. Financing is also available to non-SACCO members.”

With over 40 years of history, Changan is one of China's leading automakers, known for its innovation and diverse lineup.

The collaboration between Inchcape Kenya and Safaricom Sacco promises to make high-quality vehicles more accessible to Kenyans, offering a seamless purchasing experience, competitive pricing, and comprehensive support.