These are car companies that have their own car finance companies

Buy a car can become the target of the average person in society. Easy transportation at the desired time is an attraction especially for large cities with long transportation distances.so a car may be a viable option to facilitate this life citizen.

However, according to Andi and Fenalco, this year has shown “negative” numbers in the automotive sector in Colombia due to various reasons such as the fluctuating dollar, inflation and high interest rates. One of the difficulties, as mentioned earlier, It is the acquisition of a finance company to buy a car, so some brands have their own entity to facilitate these services.

On the one hand, the Japanese company Mazda, has the finance company Mazda Direct Credit with rates from 1.28%, but only for the car showroom and with more than 12 installments to pay for the car, something that depends on the needs of the user, for the ease of his will buy.

Diego Rodríguez, director of network management at Mazda Colombia, said that “we have Mazda Direct Credit financing where we offer customers a favorable rate from 1.28 as well as plans designed specifically for each user.”

On the other hand, Volkswagen, of German origin, has its own finance company called Porcshe Moibilidad, which has fixed rates of 1.39making it among the brands with the lowest interest rates recorded within the automotive industry.

Renault, the company that has been leading sales of its cars since October, has several options, such as the Rombo plan, which consists of a self-financing system for subscribers. On the other hand, the French company has RCI fundingwithin the framework of the Mobilize Financial Services tool, a credit simulator in which the company guides the user to choose the best plan depending on the vehicle needed.

Toyota, the brand that ranked second in sales in October according to Andi and Fenalco, also has a program called Toyota Financial Services, which consists of financial plans tailored to each individual and which is in more than 40 countries of the world.

In addition, Nissam has Credi Nissan, which has locations in more than 10 countries around the world, including Mexico, Argentina and Brazil. “We are very pleased that the success and strength of Credi Nissan continues to expand in the Latin American region to bring customers closer to innovative and differentiated financial solutions.” commented André Medeiros, CEO of Credi Nissan.

knowing that You can do the math to determine if any of these plans suit your needsso you have the option of buying if you don’t have all the money for your dream vehicle.

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