Hire Purchase
Administrators.
Not Fund Managers.
We provide strict hire purchase administration for vehicle owners across Nigeria. We manage Tricycles, Cars for Uber/Bolt, Motorcycles, Mini-Buses, and Tipper Trucks with zero tolerance for excuses.
The Street Reality
You buy a vehicle to earn. Instead, you buy stress.
Reality hits fast: drivers give endless excuses, vehicles go untraceable, sudden "repairs" drain your income, and street harassment (Agberos) kills your collection.
The Corporate Shield
You Own. We Enforce. Zero Fees To You.
You buy the vehicle in your name and appoint us through a Power of Attorney. We handle the vetting, the GPS installation, and the ruthless enforcement of weekly installments.
We deal with the police, the agberos, the defaults, and the stories. You don’t.
Our Revenue Model
You Pay Us ₦0.
Our service is 100% free to vehicle owners. We charge drivers a small daily service fee for management and tracking. Since we source the rider and enforce the work, the rider pays for the service—not you. All running costs remain the driver's absolute responsibility.
The Architecture
How The Administration Works
1. You Buy The Vehicle. Keep 100% Ownership.
You purchase the vehicle directly from the dealer. All papers carry your name only. You hold the originals. We never touch your purchase money or pool funds. You pay the dealer directly or via lawyer escrow.
2. You Appoint Us. We Do The Work.
Sign a Power of Attorney appointing YUSDAAM AUTOS FLEET MANAGEMENT NIGERIA LIMITED as your administrator. This lets us legally manage the asset on your behalf. You remain the owner. We become the enforcer.
3. We Vet The Rider — 5-Point Check
No rider passes without all 5 verified.
4. We Protect & Enforce Daily
Before handover, we install GPS Tracking and a remote engine Immobilizer. Then we manage:
• Weekly Collection: Paid directly to designated accounts.
• Day-7 Repossession: Miss a payment by 7 days? We recover the vehicle.
• Street Level Issues: We handle Agbero harassment and police cases.
5. You Receive 100%. We Charge Rider.
We take no commission from your remittance. You receive the full weekly installment the rider agreed to pay.
If a Driver Defaults? We enforce the contract, repossess in your name, and place it with a new vetted driver. You don’t chase anyone. We do.
Our Track Record
Since 2022, we’ve placed over 200 vehicles on hire purchase. Our historical driver performance maintains a 92% weekly payment rate.
*Past performance does not guarantee future results. Our job is strict enforcement, not promises.
And you shouldn’t pay to avoid it.
What We Are Not
We do not pool funds or collect vehicle purchase money. Asset owners pay dealers directly or via a lawyer's escrow.
We do not guarantee human behavior. We guarantee the enforcement of the contract. If a driver defaults, we trigger our recovery protocols immediately.
This document does not constitute investment advice. YUSDAAM AUTOS is not a SEC-licensed fund manager.