Year-end campaigns at car dealerships: Interest rates reset to zero
As 2024 approaches, the automotive sector has launched major discount and low-interest loan campaigns to clear out inventory. Consumers have accelerated their vehicle purchases to take advantage of the offers at dealerships.
12punto
In recent years, disruptions in the supply chain in Turkey have led to contractions in the automotive market. However, high prices have also slowed down sales, leading to an increase in inventory at dealerships.
With only a few days left until the end of 2024, campaigns have been launched to clear out stock vehicles.
Several campaigns have been launched at the end of 2024 for those looking to own a car. Interest rates at dealerships with accumulated new vehicle stock have dropped below 1 percent.
Here are the details regarding the campaigns:
SKODA
Kamiq: 150,000 TL, 12 months at 0.99% interest
Karoq: 200,000 TL, 12 months at 0.99% interest
Octavia: 200,000 TL, 12 months at 0.99% interest
Kodiaq: 1,000,000 TL, 12 months at 2.99% interest
OPEL
Opel is offering a wide range of campaigns.
Corsa: 150,000 TL, 12 months at 0% interest or 20,000 TL cash discount
Mokka: 150,000 TL, 12 months at 0% interest or 40,000 TL cash discount
Astra: 150,000 TL, 12 months at 0% interest or 50,000 TL cash discount
New Combo: 250,000 TL, 12 months at 0% interest or 40,000 TL cash discount
New Zafira: 350,000 TL, 12 months at 0% interest or 50,000 TL cash discount
FIAT, one of the most preferred brands in Turkey, has set its interest rate at 0 percent.
Egea: 200,000 TL, 0 interest
Topolino: 120,000 TL, 12 months at 0 interest
German brand Volkswagen has lowered interest rates for its mid-segment vehicles to below 5 percent.
VOLKSWAGEN
Volkswagen offers loan opportunities for up to 60 months, with interest rates starting at 4.89%.
TOYOTA
Toyota has offered discounts of up to 200,000 TL on some of its models:
Corolla: Discounted price 1,390,000 TL
Hilux: Discounted price 1,840,000 TL
C-HR Hybrid: Discounted price 1,590,000 TL
HONDA
Honda is offering major discounts and advantageous interest opportunities:
HR-V: 115,000 TL discount or 250,000 TL, 12 months at 2.99% interest
Civic: 135,000 TL discount or 200,000 TL, 12 months at 2.99% interest
French-origin Renault, which has production facilities in Bursa, is also offering 0 percent interest opportunities for up to 200,000 TL. Here is Renault's featured model:
RENAULT
Renault offers 0 interest loan opportunities of up to 200,000 TL for its Megane model.
PEUGEOT
Peugeot provides zero interest opportunities on four of its models:
New Peugeot E-208: 0% interest
Peugeot E-308: 0% interest
Peugeot 408: 0% interest
Peugeot 5008: 1.99% interest
FORD
Ford offers zero interest loan opportunities of up to 500,000 TL:
Puma: 200,000 TL, 12 months at 0% interest
Kuga: 400,000 TL, 12 months at 0% interest
CITROËN
Citroën launched a series of zero interest campaigns in December: C4 X: 250,000 TL, 12 months at 0% interest; C5 Aircross: 250,000 TL, 12 months at 0% interest; Berlingo: 250,000 TL, 12 months at 0% interest; Ami Electric: 200,000 TL, 20 months at 0% interest or 60,000 TL cash discount