Hear
The financing facilities at 0 rate and bonuses for the purchase of 0km continue in June. Since March, as a strategy to shore up sales, Several automotive companies began to offer plans with benefits for the purchase of units, and month after month they are expanding or renewing them.
In that line, Renault reported that it renewed Renault Days this month, its program that finances several of its models at a 0% rate.. Through a statement, the French brand indicated that it continues to offer the following promotions through its dealer network:
For models Sandero, Logan and Stepway, the brand provides financing with a 0% rate (TNA) in 12 fixed installments of up to $10,000,000 and a bonus of $6,000,000; for the utility Kangoo (passenger), the SUV Duster and the pickups Oroch and Alaskan, rate (TNA) 9.9% in 12 fixed installments financing up to $10,000,000. As for the bonuses, in the case of Kangoo passenger it will be $3,000,000, Oroch $7,000,000 and Alaskan Intens and Iconic $12,500,000.
For Kangoo Express (van), financing is a rate (TNA) 9.9% in 12 fixed installments financing up to $15,000,000 and a bonus of $6,000,000.
In addition, Mobilize Financial Services (the brand’s financial institution) maintains its offer of traditional long-term loans: up to 60 months with a rate (TNA) of 39.9% which allows clients to have fixed installments from $46,000 for every $1,000,000 amount financed, Renault indicated. The maximum amount to be financed for Sandero, Stepway and Logan is $10,000,000; for Kangoo Express (van) it is $14,000,000 and for the Alaskan and Oroch pick-ups it is $15,000,000.
On the other hand, one of the novelties of this month’s Renault Days is that Mobilize announced the relaunch of the financing line for agricultural customers. A product in which A single semiannual fee is paid at the time of the final harvest in December, financing up to 40% of the vehicle with a rate of 3.33% (TEM) for the purchase of Alaskan, Oroch and Kangoo Express (van).
In the case of the Renault Store sales channel, the financing is up to $9,000,000 in 12, 18 or 24 fixed installments to rate 0% for domestic production models: Sandero, Stepway, Logan, Kangoo (passenger), Kangoo Express (van) and Alaskan.
In turn, during June the brand offers bonuses on delivery and patenting costs. Additionally, in collaboration with Axion, those who purchase a 0 km will receive up to $200,000 off fuel divided into five coupons, with a 70% discount and a maximum of $40,000 for each one.
Additionally, those customers who purchase a vehicle financed or in cash will receive a discounted all-risk insurance with La Caja for 6 months.
Another of the promotions released in recent days was the announcement of the alliance between the Banco Santander and Honda Argentina to grant loans for the purchase of carsafter the launch of a similar package for the acquisition of motorcycles.
The entity’s offer together with Honda is for the purchase of the SUV ZR-V LX (entry level), at a 0% rate for 12 months with financing of up to 28% of the value of the vehicle and a maximum amount to be financed of up to $10,200,000 through a collateral loan.
“This new commercial agreement will allow us to continue helping the automotive market to boost sales of 0km and/or used vehicles. We seek to offer attractive financing proposals so that more customers and non-customers can access a car,” commented Martín Solano, CEO of Santander Consumer Argentina, at the time of the announcement.
0km registrations amounted to 0km in May 34,614 units, 5.1% more than in the month of April, when 32,943 had been registered, according to data from Acara, the Dealer Association. In the comparison with May 2023, the numbers showed a down 13.8% (40,165 units).
In the first five months of the year, 152,339 units were patented, 22.1% less than in the same period of 2023in which they had enrolled 195,673 vehicles.
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