Did some rough calculations...assuming this is not gimmick and
they are really subisidizing the instalments on a condition of
7-10yr loan, u save abt 2-300+ a month for picanto..which means u
save abt 4K for 2009.
If u are booking the car at the current price...it makes no
difference to those who purchase the car at 29999/32999. This is
juz a rough estimate. My calculations may not be accurate.
Assuming full 10 year loan for $32,999 at 2.35%, each month is
about $340.
So for 2009, since pay only $99, savings for the year is
$2892.
That's quite substantial savings for me....