Bisnis.com, JAKARTA - Promos from finance/leasing companies that have new car loan products are still quite lively throughout September 2022.

Some of them offer car loans with low interest rates or low down payments, either for all types of cars or for certain brands. The following include: BRI Finance

In order to welcome the 77th Anniversary of the Republic of Indonesia in August 2022, PT BRI Multifinance Indonesia (BRI Finance) presented a promo titled BRIF MERDEKA which is still valid until 30 September 2022.

Through this promo, new car financing can be made with a down payment of only 10 percent with an interest of 3.38 percent. The tenor offered by the leasing subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) this can be up to 5 years.

If interested, prospective customers must be prepared with installments paid in advance, and can contact the nearest BRI Finance or BRI branch.

Finance company subsidiary PT Bank Central Asia Tbk. (BBCA) as well as the manager of the Motor Vehicle Loan (KKB) product for parent customers, PT BCA Finance is also presenting a low interest rate promo until September 30, 2022.

Interest for new cars for passenger cars with a 1-year tenor is only 2.77 percent, then a 2-year tenor 3.33 percent, a 3-year tenor 3.55 percent, and a 4-year tenor 4.11 percent.

BCA Finance also started to present a new car down payment of only 5 percent. However, it applies to passenger cars of certain brands, types and regions.

If you are not satisfied with this promo, this month BCA will also hold the BCA EXPO Hybrid 2022, which includes the latest promos for KKB BCA.

BCA EXPO Hybrid 2022 will take place from September 9 to October 10 2022 online, and September 9 to October 11 2022 at Hall 7-10 Indonesia Convention Exhibition (ICE) BSD City, Kab. Tangerang, Banten.

Toyota Astra Finance

PT Toyota Astra Financial Services (Toyota Astra Finance) aka TAF, the leasing part of the Astra Group for financing new cars for the Toyota, Lexus, and Daihatsu brands is presenting various promos that are valid until September 30, 2022 and the end of the year.

In general, TAF offers a flat interest rate of 3.5 percent per year with a minimum down payment of 25 percent. However, there are still Spectacular Packages, EZ Deals, 15 Percent DP Packages, or 0 Percent Interest Packages, which expire this month.

The Spectacular Package applies to the Toyota All New Veloz, All New Avanza TSS, Raize and New Rush models. Customers can choose their own package with a down payment of 10 percent to 20 percent with free 2-year insurance, or interest from 0 percent for a 1-year tenor with free admin and free insurance, or interest from 0 percent for a 2-year tenor.

Meanwhile, EZ Deal offers more affordable installments starting from IDR 2.7 million for the ADDB scheme, with gradual increases every 2 years. Valid for Toyota Raise, Yaris, Rush, Vios, All New Veloz, and All New Avanza models, then customers also get free insurance for up to 2 years.

Adira Finance

Issuer of PT Adira Dinamika Multi Finance Tbk. (ADMF) alias Adira Finance is holding the Adira Expo by offering the SOBAT (Often Order Multiple Offers) program at more than 20 points spread throughout Indonesia until October 2022.

Meanwhile, based on the official Adira Finance website (adira.co.id), the interest rate or margin for new motorcycle financing is currently set at 6 percent flat per year for conventional and sharia schemes, valid until 30 September 2022.

MUF

Switch to PT Mandiri Utama Finance, a leasing subsidiary of PT Bank Mandiri (Persero) Tbk. (BMRI), which provides new car loan products, is holding a September Cheers campaign on the MUF Online Auto Show (MOAS) page through moas.muf.co.id.

Interest for new cars is set at 2.38 percent with an instant approval process, then consumers will get free 24-hour emergency services. There is another MUF Premium specifically for 9 premium car brands with a credit interest rate of 2.25 percent, but only in Jakarta, Bandung, Semarang and Surabaya.

In fact, MUF also provides a special promo for millennials aged 21 to 40 who want to pay in installments for a new car with a long tenor of up to 7 years. This Millennial MUF promo has a light installment scheme at the beginning, then a stepping payment or increasing in line with the debtor's income.

For millennial independent bank customers who are interested in taking 6 and 7 year tenors, interest rates are 6.56 percent and 6.68 percent flat. Meanwhile, non-customers of Bank Mandiri are subject to flat interest rates of 10.70 percent and 11.64 percent, respectively.

In this virtual exhibition, MUF collaborates with Audi, BMW, Daihatsu, Datsun, Honda, Hyundai, Isuzu, Jeep, KIA, Lexus, Mazda, Mercedes-Benz, Mini Cooper, Mitsubishi, Nissan, Suzuki, Toyota, VW, and Wuling.