Heaptalk, Jakarta — Vehicle and multipurpose financing company Mandiri Utama Finance (MUF) is holding the MUF Auto Fest 2023 on October 10-17 at the Grand Atrium Kota Kasablanka Mall, South Jakarta. The event is also carried out through an online platform.
This automotive exhibition is held as a roadshow in 6 major cities in Indonesia with Jakarta as the third city. Previously, MUF Auto Fest was present in Medan and Semarang. The next destination cities are Bandung, Surabaya, and Makassar.
MUF Auto Fest 2023 aims to offer automotive credit options with special interest on new cars starting from 2.25% and down payments starting from 10%. Visitors can choose various latest model vehicles in 2023 from multiple brands, both four-wheeled and two-wheeled, such as SUV, MPV, hatchback, and city car types.
“Through MUF Auto Fest 2023, we are presenting various programs and special offers for conventional financing and sharia financing, such as special exhibition interest for new cars starting from 2.25%, down payment starting from 10%, motorbike installments starting from Rp500 thousand, cash loans cash up to Rp500 million, e-money prizes up to Rp2.25 million,” explained Director of Finance and Business Relationship at Mandiri Utama Finance Rully Setiawan in Jakarta (10/10).
Providing trade-in and test drive facilities
Further, Bank Mandiri and BSI customers can enjoy instant approval and simple document facilities. Visitors can trade in and test drive as a collaboration with partner car and motorbike showrooms. In addition, this event also presents the MUF Online Assistant (Mona) which can be accessed anytime and anywhere to provide consumer services in the form of information on MUF products and services to consumers digitally via WhatsApp, Line, Telegram, and the official MUF website.
As a company in the financial services sector, Mandiri Utama Finance recorded good business performance, as last year’s new financing distribution reached Rp17.9 trillion, approximately US$1.1 billion (US$1 equals Rp15,698), growing 54% year-on-year (YoY). In January-August 2023, the company continued its growth with financing distribution reaching Rp13.2 trillion, nearly US$840.8 million, rising 24% YoY.
Rully further said that this year is a year full of challenges and opportunities for MUF. “With the MUF Auto Fest 2023, we are once again greeting our new and loyal customers to be able to own their dream vehicle at the end of the year. Especially at MUF Auto Fest, MUF presents various services and products that provide convenience and solutions to vehicle financing needs,” concluded Rully.
