Santander and Mazda lend you money with Mazda Financial Services

Bank Santander and the automotive Mazda Motor Mexico presented Mazda Financial Services, a alliance that was announced in March past to offer financing and access to benefits, through an entirely digital platform with credits to fixed rate of 6.75 percent.

“The situation we faced allowed us the opportunity to strengthen our ties with strategic partners such as Mazda. In Santander we have not stopped in the design and launch of innovative products and services, in line with our vision of contributing to the progress of people and companies in the country, he said Hector Grisi,

general director of Santander Mexico.

Mazda Financial Services, it will leave its mark and set a new standard in both the automotive and financial markets, ”he added.

Mazda Financial Services will offer all its clients benefits within all programs such as: interest rateFixed annual rate plus VAT for the life of the credit; financing terms of 12, 24, 36, 48, 60 and 72 months; automatic charge to the customer’s account; financing of damage and life / unemployment insurance at the same term and rate; financing of extended warranty and accessories as well as all capital advances without penalty.

Miguel Barbeyto, President of Mazda Motor de México, stated that with this platform they plan to grant 50 percent of their cars to financing digitally.

Also, with the new financial arm Mazda Financial ServicesThe auto firm will seek to achieve a 6 percent market share through products such as two-hour credit approval and flexible installment financing.

He added that the crisis has hit directly in the automotive sector, which has caused a decline in sales and in car production in recent months, so they foresee a recovery until 2024.

“The recovery in sales there are many studies and forecasts out there. the Automotive industry it may return to the levels of 1.3 million units by 2024, is what we are seeing the common denominator of many studies. Production will also take time to recover to the levels of almost four million units produced that we had last year, and it will also take until 2024 ”.

MRA

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