Own a Car Terms and Conditions

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TERMS & CONDITIONS

User’s Agreement

By Applying for the “Own A Car” program, you have agreed to abide and meet the following terms and conditions.

1. ELIGIBILITY

  • You must be 18 years of age or older to participate in the “OWN A CAR” Program and is only available for those residing in Nigeria
  • You will be required to pay a collection fee of at least 30% of the total value of the car.  
  • Applicants must have an Active Account on the YourTimePays Platform and should be on either the Ruby or Diamond package.
  • You will be required to pay the collection fee at most a month before due collection date.
  • Those who applied for the H2i Car Scheme of N6,600.00 will be required to upgrade (pay the additional fee) to be part of the current scheme.
  • Inactive users will be required to reactivate their accounts and pay the sum of N150,000.00 during collection of the car.

NOTE: Car Collection is now twice Yearly which is on the Anniversary Celebration of the Company and the first week of April of Every Year. Provision has been made for special Collections within those periods but that will be based on Concluded and Signed Agreements which will mean the Beneficiary will Organize an Event with at least 50 Persons present.  

2. DELIVERY CONDITIONS 

  • Applicants will receive the Award date within 270 Days of Confirmation of Payment.
  • Regular check of the car will be initiated within the one year period at which the logo will remain.
  • All documents will be dully handed over to the Applicant on the particular day of presentation.
  • The Cars will be presented unlicensed.

3. TAXES

  • A fixed Taxation of 3.5USD will be charged from your Monthly Earnings to sustain the project.
  • Local Government charges will not be incurred by the Company.
  • Delivery of the Car is absolutely free.

4. MISCELLANEOUS

This Agreement will be governed by the laws of the FEDERAL REPUBLIC OF NIGERIA.,

THIS IS A LEGAL AGREEMENT BETWEEN YOU AND YOURTIMEPAYS AND BY CLICKING ON THE APPLICATION BUTTON (IF YOU ARE ACTING ON BEHALF OF YOURSELF AS AN INDIVIDUAL) OR YOUR COMPANY (IF YOU ARE ACTING ON BEHALF OF YOUR COMPANY) (THE “MEMBER”) AGREE(S) TO BE BOUND BY THE TERMS AND CONDITIONS OF THIS MEMBER AGREEMENT. BY ACCEPTING THIS USER AGREEMENT YOU ARE HEREBY BOUND TO THE RULES AND GUIDELINES LISTED ABOVE. PLEASE READ THIS ENTIRE MEMBER AGREEMENT CAREFULLY BEFORE ACCEPTING ITS TERMS.