The loans for hybrid and electric cars allow financing for the purchase of 0 km vehicles intended for taxis and remises.
The line from Banco Ciudad, promoted together with the city government, offers up to $28 million with a fixed rate of 20%.
The Banco Ciudad line offers up to $28 million with a fixed rate of 20%How much do loans for hybrid and electric cars finance
The line is intended for the purchase of electric or plug-in hybrid vehicles for passenger transport.
Maximum amount: $28,000,000.
Term: 48 months.
Financing: up to 70% of the vehicle's value.
Rate: fixed at 20%.
Vehicles: 0 km electric or plug-in hybrid units.
The stated objective for this line is to facilitate fleet renewal and reduce pollutant emissions and noise.
Who can apply for the Banco Ciudad loan
To access these loans for hybrid and electric cars, applicants must meet requirements related to their activity.
Who can apply for the credit from Banco CiudadThe provided information also includes the use of these units to work as an official taxi or remis.
What benefits do private electric cars have in Buenos Aires
In addition to the loans intended for passenger transport, private electric cars registered in Buenos Aires have other benefits.
What benefits do private electric cars have in Buenos AiresThey have a 100% exemption from vehicle taxes and discounts on tolls on the city's highways.
Where electric cars can be charged in the City
The line is part of the City's Electromobility Plan, which also includes a network of 400 public charging points.
The mobility plan also includes the incorporation of electric or gas buses into the public transport network starting in 2027.
