Popular Auto Fair starts this Tuesday

Popular Auto Fair starts this Tuesday

The popular Bank Dominican Republic announced today that the twenty-seventh edition of the Popular autofair.

The financial institution will offer fixed rates which will range from 9.75% to six months, 10.75% to 12 months, 12.75% to two years, 13.75% to three years, 14.95% to five years and a special fixed rate for hybrid and electric vehicles from 7.75% to six months.

According to the information, the used vehicles They will also enjoy special financing conditions.

The Executive Vice President of Personal Business and Branches, Francisco Ramírez, said that among the benefits presented in the current edition of the Popular autofair there is the free fee.

“We invite you to take advantage of this benefit that will be valid for two days and that allows our customers to take their car with a free quota, starting to pay in January 2023,” he said.

“With this initiative we wanted to help our customers have a new vehicle without having to limit yourself during the end of the year celebrations”, he pointed out.

El Popular reported that, in the coming days of the fair, the clients have the benefit of financing up to 90% of the value of the vehicle with a term of up to seven years to pay off the loanstarting to pay in January.

Clients can request this loan from multiple ways:

  • the web portal autoferiapopular.com.do
  • the app Popular autofair
  • The branches of the financial institution
  • Authorized dealers nationwide

The hours for the dealers Y dealers authorized They will be from 9:00 in the morning to 7:00 at night, from November 29 to Friday, December 2.

Also, from 9:00 a.m. to 6:00 p.m., on Saturday the 3rd, and from 9:00 a.m. to 5:00 p.m., on Sunday the 4th, the date on which this edition of the Popular autofair.

eco car models

Ramírez explained that during this twenty-seventh version of the Popular autofair Customer participation will be stimulated through raffles for prizes that will cover up to 150,000 pesos of the car’s initial.

Also, the launch of new vehicle units and the offer of 45 models of eco vehicleswhich means the largest offer of ecological units to date.

In continuity with this promotion of sustainable mobilitythe owners of the top 100 electric vehicles to be purchased during the Popular autofair they will get free recharges through Evergo stations, discounts to install a home charger, as well as offers for vehicle detailing.

Also, thanks to the alliance of the Popular autofair With Universal Insurance, customers who purchase a car during the fair will enjoy increased coverage. As a special benefit, the first 350 customers will obtain certificates of special insurance for pets, electronic equipment, travel or home, which they can choose according to their preference.

Activation of the automotive sector

During the launching ceremony of the twenty-seventh edition of the Popular autofair Before representatives of the media, Ramírez stressed the importance of this automotive platform and its ability to activate the automobile market.

“Since its inception, in 1998, the autofair has been the spearhead for the introduction of new technologies who have contributed to the renewal of the country’s vehicle fleet, modernizing it and making it safer, more efficient and sustainable”, the bank executive stressed.

The event was attended by the main dealers in the country gathered in the Association of Vehicle Manufacturers Dealers (acofave) and the United Group of the Automotive Industry of the Dominican Republic (GUIDE-RD), traditional allies of the Popular autofair.

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