The twenty-seventh edition of the Popular Autofair will offer financing to customers for the acquisition of new and used vehicles.
The Schedule for authorized dealers and dealers will be 9:00 a.m. to 7:00 p.m. from today, Tuesday, November 29, to Friday, December 2; 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 ends.
The executive of Banco Popular, Francisco RamÃrez, reported yesterday that this entity will finance up to 90% of the cars with a term of up to 7 years to pay off the loan And with the advantage that you can start paying in January 2023.
In this sense, he revealed that the interest rates range from 9.75% to six months; 10.75% at 12 months; 12.75% to two years; 13.75% at three years and 14.95% at five years.
In addition, a special fixed rate for hybrid and electric cars from 7.75% to six months. Regarding used vehicles, RamÃrez reported that they will have special conditions to pay.
Raffle up to RD$150,000
It was anticipated that they will stimulate customer participation through raffles for prizes that will cover up to RD$150,000 of the car’s initial.