Expomobile Banreservas 2024 this year surpassed all its records for financing, requests and delivery of vehiclesfor an amount greater than 7,800 million pesos credits approved, while the requests totaled more than 23,000 million pesos.
Preliminary data at the close of the automobile show indicate that the units acquired from different brands and categories totaled 11,000, with an increase in demand for vehicles electric and hybrid (144 units); and another 1,377 commercial ones, equivalent to 3,218 million pesos.
Through a press release, Samuel Pereyraexecutive president of the financial institution, stated that the great movement generated by this fair contributes to energizing the economy of the country, because it affects all consumer segments, in addition to facilitating the trade and the industry renew its vehicle fleet.
- “The demand for financing that we have received has surpassed all our estimatesaccording to the figures reported from our offices and the business units installed in the dealers and dealers, where the fair was held simultaneously,” he said.
He added that this dynamism is also a product of the market’s confidence in the economic policy applied in the country.
Competitive rates
This year the rates of financing in the Expomobilewhich remained open from Thursday the 10th until Sunday night, started at 5.83% for vehicles electric and hybrid, and financing of up to 90% of the value of the vehicleswith the possibility of starting to pay in February 2025.
For vehicles electric and hybrid were offered rates of 5.83% at six months, 8.83% at one year, 10.83% at three years, and 13.83% at five years.
Meanwhile, in the new units for personal use rates They were 7.83% at six months; 9.83% at one year; 12.83% for three years; and 13.83% over five years. For the vehicles used, were fixed at 13.83% for one year; and 14.83% at two years. The deadline for this type of loans It is up to seven years.
While the vehicles commercials had rates from 11.83% to one year; and 12.83% for two years, and a term of up to five years. Like other financing, purchasers have a vehicle policy for the life of the loan, as well as other extensive benefits.
