Banco Popular concluded with great results the 12th version of the Auto Feria Popular.  The preliminary data reveal that 1,770 loans for purchases were approved exceeding an amount of RD$1,238 million, a number that increased the previous fairs and the objectives that were established by the bank’s business executives as far as the outcome of fair.

The Auto Feria Popular offered buyers financial facilities with initials of a 20% and up to sixty months to pay.  In addition, other traditional benefits were available like car accessories at reduced prices and the immediate approval of loans. Fixed interest rates fluctuated between 16.95% at six months, 17,95% at twelve months and 18,95% at twenty-four months, rates considered to be very good for the Dominican market.

This year, which inaugurated a great hall of automobiles with spectacular launchings of new models 2006 of different brands, had an excellent flow of people throughout its four days of running.  According to information offered by the importers, new models from different car brands were exhausted in their totality during the fair.

Executives of Popular expressed that the success of this vehicle fair had to do with the confidence our customer rely on our institution especially in pre approving credits, in offering excellent financing facilities and attractive prices offered by the auto concessionaires and its vast stock, and finally the efficient work of the personnel of the personal business and credit of the leading private capital banking organization of the country.

The participant auto dealers in this exhibition include:  Agencia Bella, Auto Europa, Autobritánica, Autocamiones, Autogermánica, Autozama, Avelino Abreu, Bonanza Dominicana, Delta Comercial, Dominican Motors, Empresas Dominicanas, Euromotors, Magna Motors, Peravia Motors, Reid y Compañía, Santo Domingo Motors, Técnica  and Viamar.