La Motor Vehicle Manufacturers Camera (CAFAM) announced that quotas were renewed to request credits from Program My Moto for the acquisition of national motorcycles. This It is the fourth time it has been extended, something that obeys the success and interest generated in the users.
Regarding the conditions, the maximum amount to be financed continues to be $ 200.000, within 48 installments, Through the French amortization system. It reaches all users, clients or non-clients of the Bank of the Argentine Nation.
"This Plan is an example of a joint work of the chambers of the sector, CAFAM, ACARA and CADECOM, with the National Government, where by putting all our effort we generate tools that promote consumption and encourage the reactivation of the national motorcycle market" , said Lino Stefanuto, President of CAFAM.
"It would be important that other banks throughout the country can join or have new financing tools to expand access to credit and generate new opportunities so that more and more users can access our vehicles, so protagonists in these times", Agregó.
During this fourth stage, the plan will continue with the same procedure as the previous edition, through which once the loan is pre-approved, the client will have seven days in a row to reserve the bike on the following platform developed for the program https://www.tiendabna.com.ar/mi-moto. In it you can find all the models and prices corresponding to the month of March 2021.
From the Chamber they affirmed that they are in talks to raise the maximum amount of financing in the future, so that more models of the Plan can participate and in this way bring new segments closer to users.
The 13 brands who participate in the plan are: Beta, Corven, Bajaj, Brava, Gilera, Honda, Mondial, Keller, Motomel, Keeway, Benelli, Guerrero, Okinoi y Zanella. So far the program includes 41 national motorcycles of the aforementioned brands, which can be purchased in up to 48 installments with a subsidized fixed rate of 28,5% for BNA paid customers and 37,5% for non-customers, through a marketplace created for this purpose.
According to data collected by CAFAM in the first two months of the year, 54.988 units were patented. Which represents an 11,70% year-on-year increase. Since the end of 2020, the push for motorcycle consumption provided by the My Moto Program has been sustained.
And in this direction, the best-selling motorcycles so far this year continue to be those with low displacement and those of national origin. In the first two months of 2021, 95,1% of the patented units were of national origin and 67,43% were 110cc and 150cc.