Bank Galicia and Toyota Argentina have announced an expansion of their partnership to offer dollar-denominated loans for the entire range of Toyota vehicles. The proposal allows financing of up to 90% of the vehicle’s value, with competitive interest rates of 9% per year. This financing option is available for cars, trucks, and SUVs and can only be processed through official Toyota dealers.
In a joint press release, both companies stated that this new financing option aims to provide more choices for customers looking to purchase Toyota vehicles, whether they are domestic or imported. With this new line of financing, customers can access loans with interest rates of 9% per year (TNA) and repayment terms of up to 48 months, all through Toyota Argentina’s official dealer network.
Gustavo Salinas, President of Toyota Argentina, expressed his enthusiasm for the new financing tool, highlighting how it will enhance the growth of the automotive sector in 2025. He emphasized that the ability to finance in dollars will provide customers with an additional option to meet their needs and contribute to the overall economic growth.
Eduardo Espinelli, President of Toyota Financial Company, also emphasized the importance of this alliance in providing competitive and innovative financial solutions to customers. He reiterated the commitment to facilitating access to Toyota vehicles nationwide by introducing this new dollar-denominated alternative.
Marcelo Iraola, Manager of Wholesale Banking at Galicia, stressed the significance of strategic partnerships in boosting the growth of Argentine companies. He highlighted the benefits of collaborating with key partners to provide personalized financial solutions that drive competitiveness and innovation, ultimately benefiting the economic development of the country.
Overall, this new line of dollar-denominated loans, available to businesses authorized for such operations, expands access to financing and further demonstrates the commitment of both entities to supporting the growth of businesses and customers by providing various mobility solutions. This collaboration reflects a shared goal of enhancing economic development and facilitating access to tailored financial solutions.
Marisa Ramirez se formo trabajando en medios Argentinos como Perfil, La Nacion y La Voz, trabajo generando contenidos relevantes para Argentina en las secciones de tecnología y nuevas tendencias de consumo.
