Santander continues its enlargement within the financing of luxurious vehicles and this Wednesday reported that it is going to be the financial institution accountable for granting loans to the Italian automaker Maserati.
“Santander fashioned a strategic alliance with Maserati to turn out to be the popular financier of the celebrated Italian luxurious vehicle model within the nation, thereby consolidating the financial institution because the quickest rising participant in automotive financing in our nation,” he reported. the establishment.
The financial institution of Spanish origin, which in flip is among the many 4 with the best presence within the nation, indicated that it turns into the primary financier of all luxurious automobiles of this model in Mexico, and can provide traces of credit score for all automobiles. Maserati for each purchasers and non-clients of the financial institution.
It is going to provide financing to folks with a price of 9.90 p.c and plans to position 70 million pesos in loans for the acquisition of those automobiles.
“Along with giving us entry to a luxurious automotive market with particular loans, it consolidates us because the quickest rising participant within the automotive credit score market within the nation. Since 2017, after we started our provide, up to now we now have climbed to 3rd place in market share with 17.6 p.c of complete automotive financing,” stated Alejandro Vázquez Ochoa, automotive government director of Santander México.
This financial institution has expanded its horizons to luxurious automotive financing for a while. As we speak it affords financing for Tesla and likewise for BYD.
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– 2024-06-01 19:47:49
