BBVA Offers a 12.99% Interest Rate for the Purchase of Electric Cars in Mexico

With the aim of promoting sustainable mobility in Mexico, BBVA offers an attractive proposal: 12.99% interest rate specifically designed for the acquisition of electric and hybrid vehicles.

In this sense, and in line with the goal of developing products and services in harmony with the environment, the bank supports up to 95% of the vehicle’s cost, where the interested party would have the option to pay only 5% as a down payment to obtain an eco-friendly car.

Thus, in the global scenario, Mexico plays a significant role as one of the most important markets in the automotive industry.

Related content: Porsche and sustainable mobility go hand in hand in Mexico

With a clear understanding that the direction towards sustainable vehicle production is constantly growing, BBVA Mexico has chosen to promote services that contribute to achieving the SDGs.

BBVA

BBVA Mexico: Benefits of electromobility

Increasingly, a growing number of individuals are experiencing the advantages associated with the purchase of electric or hybrid vehicles, a trend supported by data provided by the Economic Studies Department of BBVA Mexico.

The acquisition of these sustainable vehicles entails a series of evident benefits: Exemption from vehicle taxes, the ability to drive daily, savings compared to fuel expenses thanks to the use of electricity, reduced maintenance costs, lower noise levels, significantly lower pollutant emissions, and other positive aspects.

Finally, the customers of this banking institution have the opportunity to carry out simulations, submit applications, and obtain approval for their automotive financing.

Mexico

Latam Mobility in Mexico

After a successful start to the year in Monterrey, Latam Mobility, the largest sustainable mobility community in Latin America, closes 2024 in Mexico City.

There will be two days, on October 15 and 16, where industry leaders and private sector representatives will provide perspectives on mobility, electromobility, sustainability, among others.

The meeting will be held at the World Trade Center in Mexico City. For participation information click here.