JAMAICA Motor Show kicks off tomorrow at the Police Officers' Club in St Andrew. The event is scheduled to start at 10 am.
At Wednesday's press launch, Ian Lyn, event organiser, urged patrons planning to attend that now is the best time to buy a vehicle.
"Interest rates are the lowest they have been in the last decade at nine per cent and we've invited members of the banking industry — Scotiabank, NCB, RBC Royal Bank, First Heritage Cooperative Credit Union, JMMB, Sagicor Bank and others to be on hand to give you the most competitive deals to afford your own keys," he said.
"While Scotiabank is our primary sponsor, they've been gracious enough to allow other financial institutions to participate, and while we cannot confirm what interest rates will be available at the show, I'm sure having them all together competing for business within the crowd could see some unheard of rates," said Lyn continued.
According to the organiser, last year's staging saw over 11,000 people attending, 50 cars sold and over 1,500 referrals generated.
"This year we're trying to beat that with a target of 70,"Lyn told Auto. Twelve dealers will have cars on display.
Omar Spence, marketing manager of Scotiabank Jamaica, said his bank would have a major presence at the event.
"We will be offering special rates, incentives, and prizes in order to help Jamaicans with that dream of owning a car," Spence said.
Karen Tomlinson, senior manager at RBC Bank, was clear about her institution's position.
"We know we are the new kids on the block, given how new our auto loan programme is, but RBC offers a bit more personalised customer service and quicker loan turnaround than our larger, more established rivals."
"A large part of the success of the Jamaica Motor Show is that there is something for everybody," Lyn said.
There will also be automotive support services on hand to add extra value to any purchases, such as free car-tracking installation from Guardsman Alarms.