Motorcycle patenting increased by 41.74% year-on-year in February

The program is renewed "my motorcycle" to acquire units in up to 48 installments

Motorcycle. Route. Road (Illustrative photo 123RF)

The “My Motorcycle” program for the acquisition of national vehicles in up to 48 installments, a new stage will begin on Monday through Banco Nación, with an increase in the maximum amount to be financed 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 up to 48 installmentsthrough the French amortization system and reaching all users, clients or not, of Banco Nación.

“Through this plan we seek continue supporting increased sales of motor vehicles of national originas it 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 encourage the industry and advance the projects that are underway”.

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

Among the 13 brands that participate in the plan are Corven Bajaj Brava Keller Gilera Honda Mondial Motomel Suzuki Guerrero Okonoi Zanella and Kiden Photo File
Among the 13 brands that participate in the plan are: Corven, Bajaj, Brava, Keller, Gilera, Honda, Mondial, Motomel, Suzuki, Guerrero, Okonoi, Zanella and Kiden (File Photo)

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

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

The patenting of motorcycles was located in March around the 45,000 unitswith a 30% growth in relation 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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