Renault Finance lends €40 million in first year

Renault Finance is celebrating 12 months in business, during which time it has lent €40 million to both individual and business customers.

To celebrate its first birthday, Renault Finance is offering 0% Finance and a Five Year Unlimited Mileage Warranty on 2012 Megane and Fluence models. This offer will run for the month of September.

Renault Finance entered the Irish market a year ago in a very difficult economic environment and made motor finance accessible to all. Currently eight of ten customers are approved for loans for commercial and passenger vehicles.

Alessandro Garzia, managing director, Renault Finance: “It’s been an interesting and challenging year for Renault Finance, however the good news is that we have lent €40 million to Irish customers since this time last year.

We want potential car buyers to know that we are open for business and lending and this month our 0% finance offer across Megane and Fluence with a five year unlimited mileage warranty is a great reason to check out Renault Finance”.

Renault Finance is a trading name of RCI Banque Branch Ireland, a wholly owned subsidiary of the Renault Group and is based in Renault Ireland’s HQ in Dundrum, Dublin. It currently operates in 40 countries across the globe. Renault Finance employs 15 people since it launched here last year.

RCI Banque Branch Ireland is authorised and regulated by the French banking authority and supervised by the Central Bank for conduct of business purposes.