The “Mi Moto” program is renewed to buy units in up to 48 installments

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The “My Moto” program for the acquisition of national vehicles in up to 48 installmentswill start a new stage on monday through Banco Nación, with a increase in the maximum amount to be financedwhich will go up to $300,000.

The Chamber of Motor Vehicle Manufacturers (Cafam), which brings together the country’s terminals, announced that this is the twelfth stage of the programwhich maintains the purchase conditions in up to 48 installments, using the French amortization system and reaching all users, clients or not, of Banco Nación.

“Through this plan we seek to continue supporting the increase in sales of motor vehicles of national originas it has been happening in recent times”, said Lino Stefanuto, president of Cafam, through a statement.

However, the director stressed that “It is very important to continue working with the national government to agree on greater incentives for local production to promote the industry and advance the projects that are underway.

The details of the “My motorcycle” plan

The 13 brands participating in the plan are Corven, Bajaj, Brava, Keller, Gilera, Honda, Mondial, Motomel, Suzuki, Guerrero, Okonoi, Zanella and Kiden.

Until now, the program includes 42 national motorcycle models of those brands, may be purchased in up to 48 installments with a subsidized fixed rate of 19.50% for BNA salary clients; and for non-clients 29.50%.

The patenting of motorcycles was located in March around 45,000 unitswith a growth of 30% in relation to the same month of 2021, according to Cafam’s own record.

During last year 393,059 units were patented, 44.9% more than in 2020when the restrictions to combat the pandemic affected the entire economy.


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