Interest Rate of Car Loan goes down!
Interest rate goes down, its time to buy a car
By Ali Budiman
Suzuki Cars Sales Promo with low interest
After Bank of Indonesia cuts BI rate 25 bps to 7% per June 3, 2009, most of finance company decides and offer to lower interest rate. BI rate are reference rate announced periodically to public by Bank Indonesia for a certain period of time as a signal of monetary policy stance.
The decrease in the BI Rate will bring forth a positive psychological impact to boost cars sales. People’s purchasing power will increase if the BI rate cut is followed by the decrease in car loan interest rate. So, with 7% BI rate in June 2009, sole distributor’s optimistic view on auto market.
For the example, if you want buy Toyota Avanza, PT. Toyota Astra Motors offer low interest with 3.5% for one year period. Beside Toyota, Suzuki aggressive push sales with promo 3.7% interest rate for APV and SX4. Thusly Daihatsu offer low interest rate for Daihatsu Xenia, Granmax and Luxio sales.
So if you want to buy a car, hurry up go to your dealer. As long as interest rate goes down!
Incoming search terms for the article:
- indonesia car loan (3)
- car loan indonesia (2)
- 3 7 interest car loan (1)
- loan car interest rate indonesia (1)
- interest on car loan in indonesia (1)
