DIMO Expands CARPITAL Advisory Services Through a Strategic Alliance with Nations Trust Bank, Offering Tailor-Made Financial Solutions

DIMO, the Nation’s Perfect Mobility Partner, recently announced a strategic partnership with Nations Trust Bank (NTB), to further expand its tailored advisory service for pre-owned luxury vehicle buyers and sellers titled, CARPITAL by DIMO CERTIFIED.

CARPITAL Advisory Services by DIMO CERTIFIED offers tailored consultations focused on Expert Advice, Real Market Value Assessment, Peace of Mind Transactions, and Re-Investment Options for customers who wish to sell or buy a luxury pre-owned vehicle.

The collaboration with NTB will further add value to the re-investment and financing options for customers seeking CARPITAL’s services by offering an array of financial solutions tailored to their luxury vehicle ownership journey.

Through this partnership, NTB will offer customers, who wish to upgrade, switch, or downgrade their luxury vehicles, a comprehensive suite of financial solutions including competitive lease rentals with expedited processing times. This also includes personalised financing facilities for the next vehicle with a residual value of up to 50% at the last rental, preferential rebates even at the point of early termination, and structured tailor-made payment plans based on the client’s cash flow.

NTB will provide bespoke insurance solutions for motor and life insurance through an array of insurance service providers, as well as credit cards with special offers for customers and their families who transact with CARPITAL Advisory Services. Another unique feature is that DIMO together with NTB will also provide wealth management solutions to customers exploring investment opportunities with unlocked capital gains as a result of CARPITAL Advisory Services.

DIMO, in turn, will provide NTB’s private banking clientele with a dedicated CARPITAL Adviser to manage and guide NTB-referred customers, streamlining their luxury vehicle buying and selling process with peace of mind. This includes providing complimentary expert advice for NTB private banking clients, with comprehensive valuations conducted by DIMO's trained Automobile Experts, ensuring the highest market value for their existing luxury vehicle and timely guidance. A one-year warranty on the engine and gearbox and complimentary access to island-wide 24x7 roadside assistance are some of the value-added benefits NTB customers could enjoy through this partnership.

DIMO Executive Director, Rajeev Pandithage commented on this partnership, “This strategic alliance with NTB significantly strengthens the CARPITAL Advisory Services offering. By combining DIMO’s expertise in carving the nation’s mobility eco-system in terms of luxury vehicle sales and after-sales services with NTB’s diverse financial solutions, we can provide our customers with an unparalleled level of assistance throughout their luxury vehicle ownership journey.”

Nations Trust Bank’s Executive Vice President of Corporate Banking Senal Seneviratne said, “Nation Trust Bank is pleased to partner with DIMO to offer our private banking clients a unique and comprehensive value proposition for their luxury vehicle investment needs. This collaboration aligns perfectly with our commitment to providing our clients with innovative financial solutions and exceptional service.”

CARPITAL Advisory Service by DIMO CERTIFIED is also geared to share experiences and advise valued customers on future luxury vehicle investment decisions, such as switching from a fuel-powered luxury vehicle to a luxury EV such as Mercedes-Benz EQ.

CARPITAL Advisory Services by DIMO CERTIEID facilitates buyers and sellers with the right direction to capitalize on the financial gain hidden in their appreciated vehicle asset or to make correct investment decisions in the volatile pre-owned luxury vehicle market amidst import restrictions and rising market values. With access to a database of genuine buyers transacting with DIMO for years, CARPITAL ensures risk-free, 100% transparent transactions with an absolute peace of mind for their clientele with handpicked vehicles & no third-party involvement.

About NTB

Nations Trust Bank PLC serves a diverse range of customers across Consumer, Commercial, and Corporate segments through multi-channel customer touchpoints spanning both physical and digital. The Bank is focused on digital empowerment through cutting-edge digital banking technologies and pioneered FriMi, Sri Lanka’s leading digital banking experience. Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka with market leadership in the premium segments.

About DIMO

DIMO is a leading diversified conglomerate in Sri Lanka. With its corporate purpose of fuelling dreams and aspirations of the communities it serves, DIMO is committed to creating value responsibly by building partnerships that last generations. Since its inception over eight decades ago, the company has been driven by perfect partnerships, having diversified into wide spectrums of sectors including Agriculture, Building Services, Construction, Digital, Education, Healthcare, Home & Garden, Industrial, Mobility, Power, Energy & Water. DIMO provides world-class solutions and represents the best-engineered brands in the world while adding value and convenience to the lifestyles of consumers responsibly and ethically.