Alfardan Automobiles and BMW Financial Services launch exclusive vehicle finance programme

The auto-loan scheme provides attractive incentives which greatly reduce the overall cost applicable when buying any BMW car.

'Alfardan Automobiles' unique financial scheme provides our esteemed customers an attractive car loan package with a bank interest rate of 3.5% coupled with reduced bank fees, a free credit card for life and absolutely no loan indemnity, which will help customers in making a sound investment with enhanced resale value.' said Naim Majdalani, Director of Sales and Marketing, BMW Group, Alfardan Automobiles.

Majdalani also stated that as an added incentive to the programme no down payment was required (subject to approval)

Reflecting on the scheme Adel Khashabi, Assistant GM and Deputy Chief of Retail Banking, Commercialbank said: 'The launch of this vehicle finance programme signifies the strong mutually beneficial relationship between Alfardan Automobiles and Commercialbank in offering customers a flexible, convenient and attractive car finance deal tailored to the individual's needs and providing full customer satisfaction.'

With an attractive interest rate, the program offers customers true flexibility and choice when it comes to investing in their new BMW car. Customers also have the flexibility to choose from a number of finance parameters such as the down payment amount, the monthly payment, and the duration of the loan up to 72 months.

'Our product offering to BMW drivers is of the highest standard and our relationship with Commercialbank as a partner in this scheme meets our BMW clientele expectations in terms of service quality and business performance,' explained Majdalani.

The offer is valid until 30 April 2007.