PRODUCTS OF THE WEEK: CFAO Motors’ Toyota Belta and Toyota Rumion If you have ever bought a used car you are very familiar with the challenges associated. First of all the buy-as-is policy means that whatever challenge you face after driving out of the bonded warehouse, you are on your own. Secondly, there are no standard prices- most often prices are decided based on who you are and whether you are buying from the real owner or a broker. And if you are unfortunate like several Ugandans who recently lost money when agents of Beforward, a Japanese used-car company disappeared with customers’ money, you could entirely lose your money. So, the big question is: Would you rather buy a 10-year-old used mid-sized vehicle at between UGX40 million - UGX60 million or a factory new vehicle at UGX90 million, that comes with a 3-year warranty and free service for 2 years or 50,000 km, whichever comes first”?

The CEO Magazine TeamDecember 17, 2022December 17, 2022

Toyota Rumion

During their rebranding- from Toyota Uganda to CFAO Motors Uganda, in February this year, Thomas Pelletier, Managing Director, said that the company, which was largely known for the high-end SUVs would soon diversify their portfolio to include pocket-friendly brand-new vehicles. Well, we didn’t think, it would happen this soon and that pocket-friendly would come anywhere cheaper than UGX100 million. First, in February, CFAO unveiled a new range of passenger and mid-size SUV models, namely, the Toyota Corolla Cross, Toyota Urban Cruiser and Toyota Starlet. The three affordable ranges were launched alongside an asset financing facility with NCBA Bank Uganda…

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