Sales went great for vendors of new cars over the weekend. The Listin Diario reports that as of noon yesterday, an estimated 400,000 people had visited the Auto Feria Popular sponsored by the Banco Popular. For sales made at the event, the bank provides financing and the vendors offer sale prices on their vehicles. The bank was offering a 26.95%-28% interest rate on 60-month financing, with 0% for full insurance. The institution was also accepting used vehicles as part of the down-payment. They had reportedly approved 600 loans for new vehicles as of noon yesterday. The dealers sold all the new cars they had in stock, as well as those they expect to receive in December, January and February. The vendors attributed the boom in sales to the dropping price of the vehicles, some down as much as 50% due to the appreciation of the peso.