New UVA loans to buy new and used cars: how much do you need to earn to qualify and what is the down payment?

Banco Nación has launched a new line of UVA-adjusted loans in Argentina designed for the purchase of both new (0 km) and used automobiles. The financing scheme offers a lower interest rate compared to other market alternatives, with repayment terms extending up to 60 months.

The initiative provides a new avenue for consumers to acquire vehicles amidst specific borrowing criteria. To access the program, prospective buyers must meet designated income thresholds to qualify for the initial installment amounts set by the bank.