In a bid to ease new car ownership for Kenyans, CFAO Motors, the sole distributor of Toyota cars in Kenya, has unveiled its vehicle trade-in scheme. According to the Managing Director of CFAO Motors Kenya Limited, Arvinder Reel, the process is as simple as bringing in your current car for valuation and choosing to pay the balance for a brand new car up-front or through financing.
“We are venturing into trade-in of cars to increase sales of new vehicles in the country,” said Reel. He added the company is currently in the process of coming up with a check list that will guide on the value of a trade-in vehicle as well as other parameters.
The checklist may be designed to review the overall condition of the car and ensure the vehicle has not been involved in accidents.
“The vehicle to be traded-in must also not have been stolen, must have proper documentation and the engine should also be in good working condition among other parameters,” revealed Reel.
The company said it will run the trade-in business through an affiliate called Automark and which deals in certified pre-owned vehicles.
CFAO Motor Kenya will also introduce new brands in the market, among them used cars and parts. Its line of business will involve the sale of new and pre-owned vehicles, service and maintenance, parts and vehicle assembly.
The group has built a solid relationship with Toyota and now distributes the Japanese brand in 39 African countries, “offering quality technical expertise and reliable after-sales service,” read a statement in part.