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[BUSINESS] · Argentina · 2 sources

Volkswagen Argentina and Banco Nación launch new vehicle financing

Volkswagen Argentina and Banco Nación have announced a commercial alliance called "+Autos con BNA" to facilitate access to new 0km vehicles. Through this partnership, customers can access unsecured personal loans of up to $20,000,000 via participating official dealerships.

The financing offers terms ranging from 24 to 48 months, with interest rates varying based on the selected term and whether the client receives their salary through Banco Nación. For loans up to 24 months, the Annual Nominal Rate (TNA) is 27% for clients with salary accreditation at BNA and 37% for others. For terms between 30 and 48 months, the TNA is 30% for accredited clients and 40% for non-accredited clients.

All operations are subject to credit evaluation and approval by Banco Nación. The financing does not include registration costs or other applicable fees.

Entities

Banco Nación · Volkswagen Argentina