At a time when daily traffic jams make headlines in Greater Santo Domingo, the government-owned Banco de Reservas is going ahead with its traditional bargain-lending spree so that more people can purchase more vehicles.
The Banreservas Expomovil 2021 is offering very competitive interest rates beginning at 4.80% fixed for six months for hybrid and electric vehicles, and 5.80% for gasoline and diesel vehicles from Friday, 12 November through Sunday, 14 November 2021.
Car dealerships say this is a record low pricing for lending to purchase vehicles.
The banks are offering to finance up to 90% of the total cost of the vehicles. There is even the possibility of making a first payment in February 2022.
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Hoy
12 November 2021