The Mi Moto program is renewed to acquire units in up to 48 installments

The Mi Moto program for the acquisition of national vehicles in up to 48 installments will begin a new stage on Monday through Banco Nación, with an increase in the maximum amount to be financed that will go up to $300,000.

The Chamber of Motor Vehicle Manufacturers (Cafam), which brings together the country’s terminals, announced that this is the twelfth stage of the program, which maintains the purchase conditions in up to 48 installments, through the French amortization system and reaching all users, clients or not, of Banco Nación.

“Through this plan we seek to continue supporting the increase in sales of motor vehicles of national origin, as has been happening in recent times,” said Lino Stefanuto, president of Cafam, through a statement.

However, the director stressed that “it is very important to continue working with the national government to agree on greater incentives for local production to promote the industry and advance the projects that are underway.”

The 13 brands that participate in the plan are Corven, Bajaj, Brava, Keller, Gilera, Honda, Mondial, Motomel, Suzuki, Guerrero, Okonoi, Zanella and Kiden.

So far, the program includes 42 models of motos nationals of these brands, which can be purchased in up to 48 installments with a subsidized fixed rate of 19.50% for BNA salary customers; and for non-clients 29.50%.

“It is important to maintain these types of tools to allow more users access to our vehicles,” said Stefauto.

Motorcycle patenting stood at around 45,000 units in March, with a growth of 30% compared to the same month of 2021, according to Cafam’s own record.

During the past year, 393,059 units were patented, 44.9% more than in 2020, when the restrictions to combat the pandemic affected the entire economy.

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