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INTRODUCTION FINANCIAL SERVICE PROGRAM MMV AUTO FINANCE FOR CAR BUYERS

On August 30, 2021, Mitsubishi Motors Vietnam (MMV) introduces the financial support service “MMV Auto Finance (MAF)” applied to customers buying Mitsubishi cars; its website is officially put into operation at address https://mmvautofinance.vn/

In addition to its commitment to product quality, MMV aims to support our customers access the opportunity to own a Mitsubishi vehicle with meaningful financial program supports. MMV believes that practical financial solutions, attractive promotion and simple application procedures are the stepping-stones for customers to actively balance the cost of car ownership in the short term as well as in long term. 

Launching the MAF Financial Support Service, MMV has cooperated with Tien Phong Commercial Joint Stock Bank – TPBank to offers two great financing programs: the best fixed rate with 6.3% for 36 months car loan in the market (Premium loan package) and 0% fixed for first 12 months (Standard loan package). 

Specifically, with “Premium loan package”, customers can enjoy a preferential lowest interest rate of 6.3%/year, maintained during the first 3 years. This is the optimal loan package for customers who expect to make a fixed monthly payment and can actively plan their finances in the future. 

With the “Standard Loan Package”, customers don’t have to pay interest to the bank (0% interest rate) in the first year. In addition, customers who buy Xpander, Xpander Cross or Attrage cars are entitled to an additional grace period for the principal repayment as “Zero payment Zero interest with no payment until the end of Feb”. This loan package enables customers who want to have a car with minimum initial payment by a minimum down payment with only 15% of car price, 0% interest so customers can enjoy a long period without payment until the end of Feb 2022. 

Detailed information sheet about two preferential loan packages of MAF: 

Tiêu chí Gói vay Tiêu Chuẩn Gói vay Ưu Việt
Fixed Rate 0% 6,3%
Fixed interest rate applied First 1-year First 3-year
Floating Rate 12-month savings interest rate + 3.5% spread 
Loan To Value Up to 85%** 
Maximum Loan Term   96 Months
Early Payment Fee – 3% in the first 3 years 

– 1% in years 4 and 5 

– Free from the 6th year  

– 3% in the first 6 years 

– Free from the 7th year  

Principle Grace program Customers who purchase XpanderXpander Cross, Attrage and get disbursement no later than 30 Jan 2021 can enjoy a period of principal grace applied from disbursement date until 28 Feb 2022 Do not apply 

*Premium loan package is applied with limited quantity. 

** In order to borrow 85% of car price, customer need to have income proof as Bank statement payroll account ≥ VND10mil/month. 

The loan packages all ensure a shortened application procedure, quick approval and disbursement process, helping customers save maximum waiting time. Besides, TPBank will always be ready at places to support customers to buy Mitsubishi cars right at all applicable distributors authorized by MMV. 

The first 100 customers purchase cars by MAF is offering a special gift from both MMV and TPBank. Customers will receive a DOJI 24K gold-plated hanging ornament and a Panasonic NanoeTM X purifier. 

MAF financial support service is initially deployed in Ho Chi Minh City, Binh Duong, and Dong Nai province. During the service pilot process, customers’ contribution ideas will be the valuable key for MMV to build further smart financial solutions and expand the service application range in the near future. 

To register for a consultation as well as consult other details about the MAF program, please visit the https://mmvautofinance.vn, Hotline 1800.1514, or contact the nearest MMV Authorized Dealer in Ho Chi Minh, Binh Duong, and Dong Nai. 

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