Cars45, Nigeria’s leading automotive platform, has been named the "Online Car Selling & Buying Platform of the Year" at the 10th Nigeria Technology Awards 2024. The award follows its recent win as the "Best Retail Organization in Omnichannel Trade" at the prestigious 2024 Africa Retail Awards. 
 

These recognitions cement Cars45 position as the market leader in Nigeria’s autotech space. Through its innovative solutions, the company is setting standards in the growing global used car market, which is projected to reach USD 2.70 trillion by 2030, with a CAGR of 6% from 2025 to 2030.
 

Cars45 has been a trusted partner to millions of Nigerians, consistently addressing key challenges faced by car buyers, sellers, and dealers in the Nigerian automotive industry. As the global used car market embraces digital technology and AI to enhance the online buying experience, the platform has established itself as a trailblazer in the Nigerian automotive industry.
 

The platform provides customers access to an extensive range of pre-inspected and verified vehicles, backed by detailed inspection reports, and a robust document verification process. These ensure authenticity and peace of mind in every transaction on the platform.
 

Damilola Ojurongbe, Head of Technical Services at Cars45, while speaking at the awards ceremony held at the Admiralty Conference Centre, Victoria Island, Lagos, said:

"This award is a shot in the arm. It is a catalyst to do more, and the recognition will propel us to test new ideas, explore new solutions, and drive them in the market." 

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For dealers and business partners, Cars45 offers tailored dealer financing solutions that enable inventory expansion without financial constraints. These services, in addition to its transparent pricing and data-driven insights, empower partners to scale their operations effectively while maintaining customer trust.

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The business is on a mission to deliver efficiency, reliability, and transparency in the car buying and selling process, especially in the used car segment or what some like to call “tokunbo”. These continue to drive its growth. Beyond individual car transactions, Cars45 supports businesses with fleet management, corporate vehicle sourcing, and liquidation services. These position the platform as a comprehensive automotive solution provider.

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Looking ahead, the platform remains focused on setting new benchmarks in the autotech industry by driving innovation and empowering Nigerians with seamless automotive solutions.