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Shekel Auto Stories
Our blog provides information to keep you up-to-date with all the happenings at Shekel Mobility

Making your car dealership more attractive to customers

Making your car lot attractive goes beyond just the vehicles. By implementing these simple steps, you create an environment that not only draws customers in but keeps them coming back. These steps are very basic and would not cost you to break the bank.
Latest News

Earn More Together: How Co-Sell is Changing Auto Trading

Many car dealers know that the best deal isn’t always on their own car lots, and sales opportunities slip away simply because dealers and agents don’t have a simple, trusted way to collaborate. Agents often lose sales because they can’t access vehicles from other dealerships. Dealers miss out on revenue because collaboration can feel complicated or risky. Without the right system, both parties lose potential profit, time, and growth opportunities.

Smarter Vehicle Sourcing. Simplified for Dealers Everywhere

Finding good cars at the right price shouldn’t feel like a gamble. Every dealer knows the struggle — hours spent checking listings, calling contacts, comparing offers only to find out the car isn’t as described, the seller can’t be trusted, or the import turns into a headache. You want to keep your lot full, your customers satisfied, and your business profitable. But when trusted options are limited, everything slows down. That’s why we built Inventory Sourcing by Shekel Mobility

How Lack of Credit Access Is Affecting Car Prices, Dealers, and Buyers Across Africa

In most parts of the world, the auto industry runs on financing. In the US, over 85% of new cars and 55% of used cars are financed through loans or dealer credit (Source: Experian Automotive.) In many African markets, that number is often below 10% — not because buyers don’t want cars, but because both dealers and customers lack structured access to financing. That single gap shapes everything: car prices, dealership growth, and even who can own a vehicle.

Getting Started: How to Create Your First Transaction on Shekel Mobility

So, you’ve successfully joined the Shekel Mobility community, and it’s great to have you on board! Now, let’s walk you through the exciting process of initiating your first transaction. The process is seamless and designed to help you get started without any stress. Here’s a simple step-by-step guide to creating your first transaction on the platform:

The Business Impact of Moving from Selling 10 Cars a Month to 100

For years, many dealerships in Nigeria have hovered around a familiar threshold. They know the market. They know their customers. But expansion stalls when they hit the operational and financial ceiling that comes with limited capital, inconsistent processes, and manual systems. Demand isn’t the issue, infrastructure is.

Car Dealer Financing vs Bank Loans: What’s Best for Growing Your Dealership?

The strength of a car dealership is closely tied to its inventory. A well-stocked lot not only attracts customers but also drives sales velocity and profitability. Yet inventory comes at a cost. Few dealerships can afford to purchase cars outright, which is why financing is the lifeblood of the industry. In fact, the global inventory financing market was valued at $205.7 billion in 2023 and is projected to reach $558.7 billion by 2033 (Allied Market Research). This reality leaves every dealer with a fundamental question: Should you depend on traditional bank loans or embrace dealer financing to fuel growth?

From 5 Cars to 50: How Dealer Financing Helps Auto Dealers Scale Inventory

Consider this: the difference between 5 cars and 50 is not just the number of vehicles parked in your lot, but rather the difference for a thriving business. With financing, a dealer who used to struggle with five cars suddenly has the power to compete. Customers stay longer because they have choices. Sales multiply. Cash flow improves. And slowly but surely, the dealership builds a reputation as a reliable place to buy cars. That's the Shekel Mobility dream.

Common Misconceptions About Selling Used Cars

The used car (popularly called Tokunbo in Nigeria) market is one of the fastest-growing segments of the automotive industry worldwide. Whether in Lagos, London, or Los Angeles, pre-owned vehicles account for a major share of transactions. The reasons are clear: affordability, availability, and an increasing level of sophistication in how buyers and dealers transact.

How Location Affects Car Prices in Nigeria

In Nigeria, the price of a car is not determined by demand alone. Where it is sold plays an important role. Factors such as import charges, road access, local market demand, and the cost of moving vehicles across regions all contribute to the final price. Understanding these differences can help both buyers and dealers make better decisions.
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