Audi Malaysia has announced the introduction of the Audi Progressive Financing Plan in an effort to provide a more flexible payment scheme for potential owners.
Slated to run from now until the end of April 2016, prospective owners can opt to start payment from as low as RM999 (for the A3 1.4 TFSI) per month for the first year, and enjoy interest rates of as low as 0.98 per cent per year.
For example, those who buy the Audi A3 1.4 TFSI which is priced at RM 186,900 (without insurance/road tax) needs to make a down payment of 10 per cent or RM 18,690 to enjoy a low interest rate of 2.08 per cent for the entirety of a seven-year loan tenure (2.38 per cent interest rate if for nine years, and an incredibly low 1.18 per cent for the minimum five year tenure).
Under the seven year financing plan, the buyer will be able to enjoy monthly instalments of just RM999 for the first year, rising to RM1,600 for the second and third years, RM2,650 for the fourth and fifth years, RM 3,410 for the final two years and a final instalment of just RM283.38.
In case you’re wondering how much the monthly instalment for the first year would be for other Audi models that fall under the Audi Progressive Financing Plan, they are as mentioned below:
- A3 – RM999
- Q3 – RM1,100
- TT – RM1,500
- Q5 – RM1,700
- A6 – RM1,700
- A5 – RM1,900
- Q7 – RM3,100
- A7 – RM3,300
- A8L – RM3,500
- R8 – RM6,600
According to Audi, the current A4 is not part of the plan as the model is due to be replaced very soon.
That being said, potential buyers need to keep in mind that the interest rates and progressive payment rates differ by model, specification and loan tenure. So, the best thing to do is to visit an Audi dealership to find out more.
All official Audi vehicles come with a four-year or 120,000 km (whichever comes first) manufacturer warranty.
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