Automotive Finance Manager salary in Nigeria

Average Yearly Salary of Automotive Finance Manager in Nigeria is approximately 4,993,708 NGN (5,995 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Automotive Finance Manager do?

An automotive finance manager is responsible for overseeing the financial aspects of car sales at a dealership. They work closely with customers to secure financing options and ensure all necessary paperwork is completed accurately and efficiently. They evaluate creditworthiness, negotiate loan terms, and collaborate with lenders to obtain the best interest rates for customers. Additionally, they may offer extended warranties, insurance options, or other products to enhance the customer's buying experience.

Skills: Automotive finance, Financial services, Auto dealership, Customer service, Loan negotiation, Paperwork management.
Job industry: Automotive

How much does Automotive Finance Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Automotive Finance Manager a well paid job?

Yes, our data shows that Automotive Finance Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Automotive Finance Manager?

High salary for Automotive Finance Manager would be somewhere between 5,493,079 NGN and 7,240,877 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Automotive Finance Manager in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 4,993,708 NGN
Estimated Monthly Salary: 416,142 NGN
Estimated Weekly Salary: 96,033 NGN per week
Estimated Hourly Salary: 2,401 NGN per hour
By working as Automotive Finance Manager a person can save up to 294 USD per month or 3,528 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Automotive Finance Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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