Automakers in Argentina launch new vehicle financing plans

Automakers in Argentina are introducing new financing options to stimulate vehicle sales. Toyota Argentina has launched a new line of UVA-indexed pledge credits available across its 44 official dealerships. This credit line offers a Nominal Annual Rate (TNA) of 13.9%, allowing customers to finance up to 75% of a vehicle's value over a period of up to 60 months.

This move follows a recent credit proposal from Banco Nación. In addition to the UVA credits, Toyota is offering 0% TNA financing for specific models, including the Hilux SRV+, with various limits and terms depending on the vehicle and duration.

Similarly, Ford Sevillano has announced September promotions for models such as the Ranger, Territory, Maverick, and F-150. These incentives include bonuses of up to $6 million, 0% interest financing options, and trade-in programs. The dealership is also offering home test drives and specialized benefits for customers in Tolhuin.