Nigerians spend N845,000 on average per year on auto repair

The average annual maintenance cost of a car in Nigeria stands at N845,000, with projections indicating an upward trend due to increasing component and service expenses.

However, only a small fraction of this expenditure finds its way to reputable repair shops, as over 90% of car owners prefer roadside mechanics lacking experience. This practice often results in inadequate maintenance and frequent breakdowns on the roads.

Hephzibah Iniodu, Chief of Staff at Cardio Autotec, disclosed these insights during the launch of the company’s auto repair mobile application, stressing that used vehicles will continue dominating the market amidst the current economic conditions.

He highlighted a surging demand for efficient car maintenance solutions as the auto repair market expands rapidly.

Iniodu underscored the necessity for reliable car maintenance services nationwide while also addressing industry challenges, such as heavy reliance on roadside technicians, ambiguous pricing policies, and the absence of organized car care services.

He noted that the employment of undertrained personnel leads to inconsistent spare parts usage or the substitution of original components with cheaper, lower-quality alternatives.

Iniodu pointed out that 90% of users, including businesses, struggle to track fleet maintenance and repair costs, resulting in operational inefficiencies and financial setbacks.

To ensure dependable auto care, Cardio Autotech introduced an app poised to revolutionize auto maintenance in Nigeria, enabling individuals and companies to manage their maintenance needs effectively.

The spokesperson highlighted the subscription-based auto maintenance and repair service offered by the Cardio App, stating that car owners can select a plan tailored to their lifestyle, schedule appointments, monitor expenses, and track repairs and maintenance within their subscription period.

Cardio Autotech ensures convenience and accessibility for clients across Lagos by strategically locating its workshops in popular areas, aiming to deliver top-notch service and maintain its reputation for automotive excellence through its professional engineering team and diverse clientele.

 

Subscribe to our newsletter for latest news and updates. You can disable anytime.