Zero-rate loans set to boost sales | Bangkok Post: auto

Auto >

Zero-rate loans set to boost sales

- +

Amid the country's gloomy economy and months of political turmoil, lenders are set to offer zero-rate loans to stimulate new car sales after domestic sales for January hit a 25-month low. 

KTB Leasing, a subsidiary of Krungthai Bank, plans to offer the zero-rate car loans for 60 months at the Bangkok International Motor Show to be held from March 26 to April 6, said managing director Pinyawat Chantrakantanond.

He said other aggressive marketing schemes such as a no-down-payment offer will be available at the expo in order to attract buyers amid the weak car loan demand.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

2 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments