MOSCOW, March 11 /PRRussia/ — Ford Motor Company has announced a new Ford Mondeo loan program in Russia.
Fords new loan program for Russia will enable the purchase of the Mondeo on condition of 50% downpayment and a 4.9% annual interest rate for the rest of the amount. The loan term is 36 months. The car may also be insured at 5.0% of the cost of the car in the first year of insurance. The program involves Russias leading insurance companies Progress Garant, NASTA, Sogaz, MSK, Uralsib, and Reso Garantia. The new credit program takes effect on April 1, 2006.
Partners in the Ford credit program for all official dealers in Moscow, St. Petersburg and regions are Raiffeisen Bank Austria, International Moscow Bank, Gazprombank and Extrobank. Among regional partner banks are MDM Bank and the Bank of Moscow, as well as a new Ford partner: Uralsib, a major Russian bank.
Source: Ford Motor Company press service