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- Blog, Hire purchase
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How to invest in a Hire Purchase Car Business in Nigeria?
Hire purchase is a profitable, low-risk way to earn consistent returns in Nigeria. This investment model allows you to finance vehicles for drivers, who then pay in installments until they complete ownership. While the idea sounds simple, the reality is…
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Advantages and Disadvantages of Hire Purchase
Buying a property, vehicle or costly assets with hire purchase has become a popular way for individuals and businesses in Nigeria. Whether you’re a driver trying to get your first car or a business owner looking to expand, understanding how…
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How to invest in hire purchase
Hire purchase is financial instrument here a buyer acquires an item of relatively high amount (car, machineries etc) by paying in instalment while differing full ownership until final payment. In Nigeria where access to credit facilities is low with higher…
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What is the ROI on car hire purchase?
Return on Investment (ROI) is a measure used to evaluate the profitability of an investment relative to it cost. It can also be referred to as the ratio between net income and investment. A high ROI means the investment’s gains…
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- Blog, Hire purchase
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How much for Hire Purchase monthly
Hire purchase is a method that allows an individual to get a vehicle by paying in instalment while using the vehicle. This vehicle may be for family use, uber/bolt, logistics, taxi, etc. The amount to be paid for your hire…
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What type of cars for hire purchase?
Are you in Edo State or it environs and you’ve thinking of getting a car through hire purchase? Do you want a car for your family, business, school, farm etc and it’s appears difficult due to the high cost of…