LOLC Motors was created as a valuable addition to the financial services provided by the LOLC Group Companies, especially as a support service to the Fleet Management Business Unit and the Group’s Insurance Company. The company also undertakes the servicing and repair of fleets owned by external parties and individuals who wish to avail themselves of a premium vehicle care and maintenance regime at its state-of-the-art automotive workshop – one of the largest workshops in Colombo, equipped to handle mechanical repairs, preventive maintenance, collision repairs, and touch-ups among others.
Since valuation is a key service that is integral in the financing of vehicles and other equipment, the LOLC Motors Valuation Unit was established in 2008 to provide reliable valuation services that would maintain quality standards and utilize resources available around the island. Our team comprises a group of qualified, experienced valuers who have contributed with their extensive technical knowledge so that reliable valuations can be issued.
In addition, we are an authorized distributor of Fiat – one of the fastest moving automobile brands in the world. Customized services catering to Fiat motor vehicles are offered at our workshop, where a specialized area is reserved for Fiat motor repairs, maintenance, and other related services. Speed Italia is a wholly owned subsidiary of LOLC Motors Ltd. and is the authorized distributor for Fiat motor cars in Sri Lanka. LOLC Motors Ltd is a subsidiary of the LOLC Group.
No. A car is a total loss only when the price of repairs exceeds the insurance company’s determined value of your vehicle. Our highly trained technicians, with the aid of our computerized frame measuring system.
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