Friday, July 6, 2012

Banks now give us cars


In the new financial crisis we are also seeing new actions never before seen in Spain. We may recall that at first did not give us a bank nothing except put our money interest earned by the sweat of our brow in its coffers. Then came the annual subscriptions to digital TV channels. Basically just put a fixed-term money for a year and the bank aimed to change and you will pay the fee for that year, without giving further interest, of course. There was also the season of mobile phones, plasma screens and consoles. More of the same, you leave them money they negotiate with the so-called time deposits, and they in turn gave you one of these products. And now comes the biggest thing has been so far in Spain. A bank is bombing us known advertising that if you want a car or motorcycle can have it, for free.

The operation is like that of the other gifts, but not the term. Now we ask for significantly higher amounts for a period of three years in order to have a free car. These actions can truly see that it appears that banks are in trouble. Most recently they were crazy for giving us your personal and mortgage loans. Now it seems that delinquencies are rising and we are not so many people want, or we, request their mortgages. Apparently, as we say the media and press, there could be a very serious problem of liquidity for some banks is imminent. As the war begins banks, and this time more aggressively than ever. The consumer, that banks have to offer more to attract customers can come in handy. But like everything in life, just lands in times of financial crisis for everyone, which means they are not going to be as easy to attract wealthy clients and banks as well. The offer is not bad at all if we analyze it. Doing a quick calculation on the vehicles and the final price they would have to pay for them with tax and VAT registration, we get an interest that is not bad at all.

Those eligible for these options do the math and see if it is worthwhile or not. What is true is that it is the beginning of a much more aggressive marketing by financial institutions. If it works we can rest assured that we will see many more such campaigns which soon and more interesting.

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