The Mi Moto program, which finances the purchase of motorcycles through the Banco de la Nacin credit line, will renew the monthly quota for December with the incorporation of new models and the possibility of increasing the ceiling of the amounts to be granted is analyzed. .
This was highlighted by the Chamber of Motorcycle Vehicle Manufacturers (Cafam), which brings together the main terminals in the country, after what was considered “the success of the first month of the program” which reached the end of the initial credit quota during November to promote production and sales.
The current agreement had been reached by the national government with Cafam, the Automobile Concessionaires Association (Acara) and the Argentine Chamber of Motorcycle Dealers (Cadecom) for financing through the Banco de la Nacin for the purchase of national motorcycles from up to $ 200,000.
So far, 44 national motorcycle models are included that can be purchased in up to 48 installments with a subsidized fixed rate of 28.5% for BNA clients and 37.5% for non-clients, through a marketplace created for this purpose. .
The 16 brands participating in the plan are: Beta, TVS, Corven, Bajaj, Brava, Keller, Gilera, Honda, Mondial, Kymco, Motomel, Keeway, Benelli, Guerrero, Okinoi and Zanella.
“Within 72 hours of its implementation, the My Moto Program had already been a success, with 5,500 pre-approved credits and 1,600 reservations. We know that this type of financing tools are very important so that more and more users can access our vehicles at installments. accessible, “said Lino Stefanuto, president of Cafam.
For the manager, “this situation, added to the increase in demand and patenting, which has been taking place in recent months, allows us to expect that it will impact and collaborate in the reactivation of the national industry, which has been hit so hard in the last two years.”
The program is accessed by entering the link https://www.bna.com.ar/Home/mimotointerna
The operation of the Plan will remain the same: the first step will be for the user to request credit from Banco Nacin Argentina, through its website. This client happened by email if his loan was approved, and if so, he found a link that will take him to the market, in which to select the motorcycle he wants to buy.
In the marketplace, you will only be shown the motorcycles that you can access with the amount of the approved loan and you will be able to reserve the motorcycle you want, at the dealer of your choice, compare colors and prices, and then formalize the loan at the branch of the assigned bank.
Cafam recalled that 248,893 motor vehicles have been patented so far this year, with low displacement and national ones being the most chosen.
And according to its monthly report, 25,246 units were patented in November, which represented a rise of 34.17% compared to the same month in 2019.
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