The Malta Independent 18 May 2024, Saturday
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Drive A hard bargain with HSBC’s car loan

Malta Independent Saturday, 31 March 2007, 00:00 Last update: about 11 years ago

“Don’t borrow money to buy a car without talking to HSBC” is the message from the world’s local bank. In its continuing drive to always give customers better value, HSBC Malta has launched a number of special offers for car financing to coincide with the Motor Fair. The offers will remain valid until 31 May and represent great value for money.

The HSBC Car Loan will now carry a discount of two per cent on interest rate for the first year, with a one per cent discount on the subsequent term of the loan over a maximum term of seven years for new cars.

For the first time, customers will also be able to take advantage of these great savings to borrow for the purchase of second-hand cars up to three years old, over a five year term. The minimum loan amount is Lm5,000, while the maximum amount increases to Lm25,000.

“Car ownership has remained extremely popular in Malta and HSBC’s Car Loan meets customers’ ever-changing needs and reiterates HSBC’s commitment to extending better value to customers wherever possible,” said HSBC Head of Personal Financial Service Godfrey Swain.

Interested customers can visit HSBC’s attractive stand at the Motor Fair in Naxxar this weekend for details and also to obtain a car finance loan arrangement. Further information is available from Customer Service on 2380-2380, from HSBC’s website www.hsbc.com.mt or from any HSBC branch in Malta and Gozo.

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