Le Huu Minh (L), deputy managing director of Volkswagen Vietnam, and Trinh Bang Vu, head of the retail lending division at Shinhan Bank Vietnam, at the signing ceremony for the preferential lending programme for buyers of Volkswagen cars on March 23. — Photo courtesy of the bank
Shinhan Bank Vietnam Limited has partnered with Trend Motor Vietnam Co., Ltd to launch a preferential loan programme exclusively for people buying Volkswagen cars that provides financing of up to 80 per cent of the value of a new vehicle.
Customers who borrow to buy the German carmaker’s Touareg, Teramont, Tiguan, T-Cross, and Polo models get the loan interest-free for the first six months and at a fixed rate of 10.9 per cent a year for the remaining 54 months.
They can opt for terms in line with their financial ability, with maximum financing of 80 per cent of the price and loan tenure of up to eight years.
The programme will be in effect at all dealers across the country until June 30, 2023.
Volkswagen was one of the world's leading automobile manufacturer and Europe's largest by global sales in 2019.
Trend Motor Vietnam Co., Ltd. is its official authorised distributor in Viet Nam, providing to customers high-quality products and services that meet Volkswagen's global standards. — VNS