The credit returned at a 0% rate to buy cars: what is the financing offer like due to the lack of cars

The credit returned at a 0% rate to buy cars: what is the financing offer like due to the lack of cars

2024-03-06 22:26:55

The first two months of the year ended with 58,729 patents for 0km units, 27.4% less than in the same period of 2023 (80,869 units), according to data provided by the Association of Automotive Dealers of the Argentine Republic (ACARA).

During the month of In February, 24,811 patents were registered, that is, a decrease of 26.9% compared to last month and 18.7% in relation to February 2023,

Faced with this scenario, March began with discounts and more aggressive financing. In this sense, Renault announced, through Mobilize Financial Services (MFS), a Financing of fixed installments at a 0% rate (TNA) of up to $7,000,000 for Sandero, Logan and Stepway and up to $10,000,000 for Kangoo VU, Alaskan and Oroch models.

The rhombus firm also offers a new Flex line of 24-month financing with installments starting at $49,999 for every $1,000,000 of financed amount. The maximum amounts to finance are adjusted according to the model.

Automotive market: marked drop in financing during December 2023

In the case of the Sandero, Stepway and Logan, the maximum amount to be financed is $9,000,000. For the Kangoo Express, Alaskan and Oroch, meanwhile, the maximum amount to be financed is $13,000,000.

The Flex line has a staggered loan capital amortization system (in three stages of eight months each) that allows for a lower initial payment during the first stage. Like the rest of Mobilize products, this line defines the amount of your installments at the time of signing the loan and are not indexed for inflation.

Credits for trying al agro

On the other hand, Mobilize also announcedThe launch of a new financing line for agricultural clients: a new three-month term product, in which a single quarterly installment is paid at the time of the thick harvest in June, financing up to 40% of the vehicle with a rate of 4.99% (TEM) for the purchase of any nationally manufactured vehicle.

In addition, there is also the Rombo Plan, Renault Argentina’s savings plan that during March allows 100% financing of the vehicle in 120 installments without an extraordinary fee at the time of award for the models Alaskan, Duster, Sandero, Logan, Stepway and Kangoo Express; and 75% in 120 installments for the Oroch and Kangoo models, with the option of paying an additional installment at the time of award.

For the Sandero Life, the Rombo Plan offers 60% financing in 120 installments. All of them have the possibility of completely online subscription, highlighted the automaker.

During the month of March, Renault also offers its customers two financing options for following-sales services, with up to nine interest-free installments to carry out services, purchase spare parts, lubricants and tires.

1709766219
#credit #returned #rate #buy #cars #financing #offer #due #lack #cars

Leave a Replay