Help
Questions and answers
Hire purchase
How does hire purchase work?
You choose a vehicle, we agree a plan with you, and you take the vehicle to start working. You then pay the balance in weekly payments. After your last payment, we transfer the vehicle papers into your name and it is fully yours.
How much will I pay each week?
It depends on the vehicle, any deposit you pay and how many weeks you choose. Use the calculator on our website for an estimate, then talk to us — we confirm the exact amount in writing before you sign anything.
How long can I spread my payments?
You can choose from a few plan lengths. A longer plan means a smaller weekly payment; a shorter plan means you own the vehicle sooner. The calculator shows the plan lengths we offer.
Can I finish paying early?
Yes. Speak to us and we will tell you exactly what is left to pay to complete your plan.
What happens if I cannot pay one week?
Call us before the payment is due. We would rather agree a way forward with you than chase you. Late payments may attract a charge as written in your agreement, and repeated missed payments can lead to the vehicle being recovered, so please keep us informed.
When does the vehicle become mine?
As soon as your last payment is made. We then complete the change of ownership so that the vehicle papers are in your name.
Applying
What do I need to apply?
A valid ID (NIN slip, driver's licence, voter's card or international passport), your BVN, recent passport photographs, proof of your home address, details of your next of kin, two guarantors, and where you will work (your park or route).
Can I apply online?
Yes. Choose Apply online, fill in your details and upload a photo of your ID. It takes about 10 minutes. We check your details and call your guarantors; if everything is in order, our sales team will call you to agree your plan.
Who can be my guarantor?
Someone who knows you well, has a valid ID and can be reached by phone. We will contact your guarantors to confirm before your vehicle is released.
Do I need a driver's licence?
If you will drive the vehicle yourself, yes. If you are buying it for someone else to drive, the driver will need a valid licence.
Can I buy more than one vehicle?
Yes. Transport owners growing a fleet are welcome. Tell us how many vehicles you need and we will put a plan together.
Vehicles
Should I choose CNG (gas) or fuel (PMS)?
CNG usually costs less per trip, so you keep more of your daily takings. Fuel (PMS) can be bought at any filling station. If there is a gas refilling point on or near your route, CNG is often the better choice. We are happy to talk it through with you.
Do you only sell tricycles?
Tricycles (keke) are our main vehicles today. We can also arrange buses, cars and motorcycles on hire purchase — send us a message with what you need.
Is the vehicle registered, insured and tracked?
Yes. We arrange registration and the plate number, insurance and a tracker before you collect the vehicle, so you can start work straight away.
Payments and visits
How do I make my weekly payments?
By transfer into Dreykrown Enterprises' company bank account, as shown in your agreement. We will never ask you to pay into a personal account — if anyone does, please call us.
Can I visit your office?
Yes, you are welcome. Our office is at 4, Isawo Road, Agric Bus-stop, Ikorodu, Lagos. Call or send a WhatsApp message before you come so the right person is there to see you.
Still wondering?
Ask us anything
Send your question and we will reply by phone or WhatsApp.