By William Kumwembe:
A local firm, Osha Car Rental and Sellers, has adopted a new approach to importing vehicles into the country which would see it facilitating importation cost payments in installments.
This comes as Malawi, like other African countries, remains a major destination of second-hand cars from Japan and other countries.
The company would be providing car loans to importers, repayable within a year.
Through the initiative, the firm would also be selling cars on behalf of clients and further facilitating cars-swap.
Osha Car Rental and Sellers Managing Director, Osman Ntalika, said the firm intended to bring in convenience to car importers in the country.
“With an initial payment of K1 million, one can import any type of car and be paying the balance in installments within one year,” Ntalika said.
He said the market demand for automobiles remain high in the country with chances of further growth.
Ntalika said, through the initiative, the company would be responsible for all required cars importation expenses as well as insurance.
He said the market reception of the concept was positive.
“We believe a car is a necessity and we pride ourselves in the art of helping customers find a car that meets their needs. Whether one wants to sell an old car or is simply looking for a new one, we have a right deal,” Ntalika said.
Currently, the business is operating in the country’s three major cities of Blantyre, Lilongwe and Mzuzu.
Ntalika said plains were in the pipeline to open offices in other parts of the country to widen the company’s clientele reach.