The Banco Popular Dominicano began its first Used Vehicle Fair, which will last throughout the month of August until September 3 at 226 dealers or authorized distributors and 23 import houses throughout the country, offering customers competitive fixed interest rates between one and three years.
At the Popular Used Vehicles Fair, those interested in acquiring a car will enjoy the possibility of financing up to 90% of the value of the vehicle and a payment term of up to 5 years, in addition to the option of paying the vehicle insurance in comfortable monthly installments, without interest or to be able to acquire it at a preferential price.
This initiative reinforces Banco Popular’s interest in continuing to boost the automobile fleet in the Dominican Republic, with the introduction of more efficient and modern units, in addition to offering alternatives to its customers.
As explained by the Executive Vice President of Personal Businesses and Branches, Mr. Francisco Ramírez, “with this initiative at Popular we continue to provide products that adapt to the different needs of our customers and thereby contribute to the local economy by boosting the vehicle market. used and semi-new in the country.
pre-owned vehicles
One of the main novelties of the Popular Used Vehicle Fair is the introduction of the loan for used vehicles. This is a special financing for automobiles up to two years old, with a valid importer guarantee, up to three years of fixed fixed rates and, in addition, lower than those of used vehicles. The minimum income to opt for this financing is RD$20,000 per month.
Meanwhile, to facilitate the financial planning of the buyers, on the web portal Popularenlinea.com/Usados, Popular made available a virtual calculator, where they can calculate the financing installments, saving time in making a decision before making a physical visit to authorized distributors or importers. Likewise, through the web you can request the loan directly.
