Orient Finance, United Motors relaunch unique trade-in offer for Mitsbushi Vehicles

Wednesday, 30 July 2014 00:00 - - {{hitsCtrl.values.hits}}

Orient Finance PLC and United Motors have relaunched their very successful partnership with their unique solution where a used vehicle of any brand can be traded in for a brand new Mitsubishi vehicle, eliminating the hassle of selling the used vehicle. Through this unique solution Orient Finance will continue to offer financing and trade-in facilities while United Motors enables customers to purchase brand new Mitsubishi vehicles.

Speaking at the signing off of the Memorandum of Understanding between the two parties, Orient Finance Chief Executive Officer Suresh Amerasekera said, “We are extending the partnership based on the encouraging feedback that we received from customers. Orient Finance is well known as a very innovative company that presents novel products that revolutionise the leasing industry of the country. The 365 day leasing option as well as this trade-in offer with United Motors are good examples.” United Motors General Manager Sales Gihan Pilapitiya said, “We are very happy with the outcome of the previous promotion. He further stated that this promotion has been extended at the right time as customers who are faced with the hassle of disposing of their existing vehicle could now take maximum advantage of this joint offering. Among Mitsubishi’s latest offerings are the Attarage, the newly launched eco sedan, the facelift of the new ASX and the Outlander. United Motors has established strong partnerships with global brands such as Mitsubishi passenger vehicles from Japan, Perodua compact cars from Malaysia, MG cars, JMC commercial vehicles, DFSK mini trucks and Zotye compact SUVs from China, Yokohama tyres from Japan, JK tyres and Mak lubricants from India, Valvoline lubricants and Eagle One car care products from the US, and TVS motorcycles and three-wheelers from India. UML has set up branches in Anuradhapura, Jaffna, Kandy, Kurunegala, Matara, Nugegoda, Nuwara Eliya and Ratnapura, many of these branches offer sales of all brands of vehicles offered by the group, spare parts and workshop services, enabling customers from the outstations to receive service comparable with what is being offered in Colombo Orient Finance with its wide spread network of 23 branches and customer care centres is a Finance Company licensed by the Central Bank of Sri Lanka under the Business Finance Act No 42 of 2011. Further the company has a rating of BBB-(Stable outlook) from Lanka Rating Agency Limited and is listed on the Dirisavi Board of the Colombo Stock Exchange. Orient Finance’s primary business activities are leasing and hire purchase, debt factoring, gold loans and the acceptance of fixed deposits.