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Home » Need a car loan for Uber? Check out New vehicle financing for Bolt drivers
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Need a car loan for Uber? Check out New vehicle financing for Bolt drivers

Carmart TeamBy Carmart TeamApril 17, 202415 Comments4 Mins Read
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New vehicle financing for Bolt drivers
New vehicle financing for Bolt drivers
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On NOVEMBER 26, 2021, Bolt, an Estonian mobility company that offers vehicle for hire, micro-mobility, car-sharing, and food delivery services headquartered in Tallinn announced they will continue to build the best way to move and earn in Nigerian cities, we are constantly looking for ways to solve a significant challenge for drivers: access to vehicles at favourable rates.

That’s why we’re excited to announce an expansion to our vehicle financing program in partnership with Metro Africa Express (MAX) – the most significant vehicle subscription platform for low-to-zero emission vehicles in Africa.

Vehicle financing for Bolt drivers

This partnership is intended to create opportunities for even more drivers to own and earn more with their vehicles.

Here are the benefits:

  • You can purchase a brand-new or pre-owned car
  • The lowest upfront payment from as low as 5% of the car value
  • Instalments from as low as NGN 40,000 weekly and spread over 3 or 4 years
  • Monthly maintenance for the duration of the hire purchase agreement
  • Free comprehensive insurance
  • Perks also include Health insurance as part of the deal.

Initially, vehicle financing will only be available for drivers who have been active on the Bolt platform in Lagos and Abuja. However, we have plans to expand this to even more drivers in future.

If you’re interested, fill in this form and you’ll be on your way to getting your keys in as little as 24 hours.

If you’re not a Bolt driver yet but wish to become one, just fill in the form on our driver’s signup page.

Best Cars For Uber and Bolt Drivers

When choosing cars for a ride-hailing business like Uber and Bolt, aside from the brand of the vehicle, there are other things that intending owners also look out for. Some of the things they look out for in a vehicle are its affordability, reliability and efficiency. Below are some of the cars you can get in Nigeria that meet this criterion.

  • Toyota Corolla
toyota-corolla-2007
Toyota-corolla-2007

Toyota Corollas are one of the most popular cars you’ll find many Uber and Bolt drivers using in Nigeria. In fact, a list of ride-hailing cars in Nigeria without a Toyota Corolla is incomplete. The interesting thing about Corollas is that they are affordable, reliable and a good run for your money.

Using a Toyota Corolla for your Uber or Bolt business is a smart choice as it’s easy to find spare parts for the car and you can get even the fairly used versions that seem like they’re brand new. 

read more
  • Honda Accord
Honda Accord
Honda Accord

Honda Accords are prominent on Nigerian roads just like Toyota brands. They are affordable and very efficient for ride-hailing businesses. The majority of them give off the feel of luxury, making it an excellent choice to impress possible clients that’ll be using your ride.

You can either go for a brand new Honda Accord but, even the fairly used ones are still sturdy. For a fair price of 1-3 million naira, you can afford a Honda Accord for your business.

read more
  • Toyota Camry
Toyota Camry Muscle Most Common Problems
Toyota Camry Muscle Most Common Problems

There are no cars that have become popular in Nigeria like Toyota Camrys. You will find them everywhere and it’s impossible to not get them at affordable rates. Apart from their fair prices, Camrys despite the model are still efficient and very much presentable for a ride-hailing business.

  • Kia Rio
2020 Kia Rio
2020 Kia Rio

Kia Rio is another good place to start if you are looking for a car to start a ride-hailing business. They might not be the perfect choice for tall people, but in performance, it has a 1.6-litre inline-4 with 110 horsepower and 107 pound-feet of torque.

read more
  • Toyota Sienna
Toyota Sienna
Toyota Sienna

It might sound surprising to most people but Siennas are another good car to consider if you are starting a Bolt or Uber business. The interesting thing about this car brand apart from its decent price and efficiency is that they come very spacious and ride hailers appreciate cars with a lot of space.

read more
  • Honda City
Honda City
Honda City

Another car you should consider is Honda City. Its petrol engine is sporty, the car offers comfort and enough cabin space. Some features of the Honda City are 100 horsepower and a 1.5-litre diesel. It’ll serve any Bolt or Uber driver pretty well as the car has good fuel economy.

read more
  • Bolt and Uber increases fares by 100% as fuel scarcity worsens in Nigeria
  • Ibadan Bolt Driver Shares His Experience After Car Thieves Attempts To Sedate Him
  • How To Register and Become Bolt Or Uber Driver In Nigeria: Vehicle Requirements
  • Bolt Vs Uber In Nigeria: Which Is Better For Drivers And Riders
  • 6 Best Cars For Uber and Bolt Drivers In 2022: Affordable, Reliable, And Efficient

Have 1 million naira and above to Buy or Sell Cars In Nigeria? Check carlots.ng





All rights reserved. Reproduction, publication, broadcasting, rewriting, or redistribution of this material and other digital content on carmart.ng is strictly prohibited without prior express written permission from Carmart Nigeria - Contact: [email protected]

Bolt drivers
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The articles published by the Carmart team are a well-researched and informative collection of content contributed by the entire team of Carmart Nigeria. This content spectrum covers a wide range of topics in the automotive sector, including press releases, formal announcements, celebrity cars, new car releases, African car posts, car maintenance tips, safety tips, and much more. Carmart.ng is a blog that focuses on vehicle news in Nigeria. The blog covers a variety of topics such as car reviews, industry news, buying guides, maintenance tips, and automotive technology updates. These blogs can be a valuable resource for car enthusiasts, buyers, and anyone interested in staying up-to-date with the latest trends in the automotive world.

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15 Comments

  1. Anthony brooms on September 15, 2022 10:39 am

    I need a car plz

    Reply
    • Atanda Abdulafeez Shina on September 19, 2022 11:42 am

      I need car to start Uber

      Reply
  2. Lucky Omovie Mark on September 18, 2022 6:31 pm

    I’m a bolt driver, I need a car on hire purchase, Corolla 2012

    Reply
  3. Gabriel Matthew on September 19, 2022 8:59 am

    Pls I am interested in the car.

    Reply
    • Udoma Sunnyjeff on September 19, 2022 9:10 am

      Am a bolt registered driver, i need a hire purchase car(Toyota Camry)

      Reply
  4. Ndubuisi Solomon on September 19, 2022 10:04 am

    Am a Uber drive and I stay at Lagos state Nigeria.. I need Toyota Camry sports edition 2006, four plug for Uber on hire purchase

    Reply
  5. Gladys Nwoke on September 19, 2022 10:27 am

    I want a high purchase Toyota Camry for bolt (spider)

    Reply
  6. Eddie Nnoli on October 25, 2022 10:24 am

    Am a Bolt registered driver and I need a hire purchase car Toyota Camry 2006

    Reply
  7. Bassey inyeneobong Godwin on November 2, 2022 8:57 am

    Please am a driver I need a bolt car for hire purchase please I leave here in lagos

    Reply
  8. ALAO OLUMIDE BECKERS on November 26, 2022 2:19 pm

    Pls I need a car loan or high purchase I’m able to pay although before 2years..thanks 08038125419

    Reply
  9. Emmanuel charles on November 26, 2022 2:31 pm

    Good day I am a verg good driver who has love for driving and converting what i love to make end means..but i dont have a car…

    PleSe i need a car for either uber or bolt to work with…u can contact me on 08137833906

    Reply
  10. Akinboro Olaoluwa Joel on November 27, 2022 1:48 am

    I am an Uber for years and now drives with a provision distributor company at oba akaran ikeja now I need a mini van like Toyota sienna of any from 2000 on stalment to stand on my own as a logistics person to the company.

    Reply
  11. Elijah Ayodele on November 27, 2022 9:37 pm

    I’m an Uber driver. I need a car for an higher purchase, please. I’m honest and integrity conscious. No any business deal with me will bear any regret. Here is my line: 08137325978

    Reply
  12. Mercy on January 22, 2024 9:23 pm

    My name is Mercymerry a female from Lagos ikorodu I need a car for hire purchase kindly reach my number if any opportunity 09078151657

    Reply
  13. Henry Nwebonyi on May 9, 2024 2:48 am

    Please I need a car for bolt to be paying monthly

    Reply
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