Borrowed Safety

Tyres & Accessories has previously reported on the problem of unsafe used tyres offered for sale in a number of African countries and the resultant risk to life and limb, and therefore we were interested to learn of one company’s plans to offer an alternative to these hazardous items. Dunlop Nigeria and Oceanic Bank International have launched a collaborative venture which they hope will make it easier for motorists to obtain new tyres rather than relying on their used counterparts.

The collaborative effort, to be known as the Dunlop Tyre Acquisition Scheme (D-TAC) was recently launched in Nigeria and Lagos, and provides a means by which customers can purchase Dunlop tyres at a discounted rate using the bank’s credit facilities, a means of purchase that has yet to gain wide acceptance in these countries. Under the terms of the financing deal arranged by D-TAC motorists will pay just a fraction of the cost of their new Dunlop tyres up front, bringing safe tyres within the reach of many who could otherwise not afford them.