Doha, 26 July 2011 –QNB reinforces its leadership in vehicle financing innovation by bringing to the market the best joint promotions for car loans. Customers will now have the opportunity to effortlessly finance their dream car from among Mercedez Benz, BMW, Mini Cooper,Nissan , Infiniti , Porsche, Cadillac, Chevrolet, GMC, Renault, Audi, Volkswagen, Kia, and Subaru at “never-seen-before” financing offers.
QNB’s vehicle financing joint promotion provides two-pronged advantages. Firstly, the ‘Down Payment Assistance Program,’ offers customers 80% of their car price financed through QNB at a special rate (as low as 2.63% flat rate*) with their down payment of 20% financed through QNB at 0% interest. Secondly, QNB is also offering customers an exclusive ‘10% Cash Back’ promotion with select dealers , allowing customers a special rate (as low as 2.63%flat rate) plus 10% cash back on the total interest on the loan. Moreover QNB has also negotiated with 14 dealer partners to offer QNB customers added incentives including free service, extended warranty, free third party insurance, free roadside assistance, as we as a host of other free gifts depending on the dealer. Most offers will be in effect through the holy month of Ramadan.
Thirdly, QNB in exclusive arrangement with NBK, will offer customers up to 6 months of no payments and no interest after purchasing their favorite Mercedez Benz until 2012.
While the ‘Down Payment Assistance Program’ and remaining promotions provide tremendous financial relief to customers, QNB steps up its brand promise of providing greater value to customers by offering additional benefits such as ‘Free high grade window tint’ (provided by Tornado, Sun-Gard distributors) and a ‘Pre-approved free-for-life QNB credit card’. Furthermore, customers will be charged no management fees.
The innovative promotions designed by QNB are a win-win for QNB customers. Customers can avail unrivaled financing options at the lowest interest rates.
With the gamut of new promotional options and the convenience of financing, QNB undoubtedly reinstates its status as the preferred partner of car dealers in Qatar.
*Terms & Conditions apply