Monday, October 21, 2019

More & More Electric Cars in Costa Rica

Car agencies sold 342 electric models this year and expect to sell 497 next year, further accelerating the commercialization of this product. There will be new models in 2020. Additionally, there will be better financing conditions and an increase in the import of used units. Audi will bring us the first electric SUV in the country.

Danissa, Hyundai, BMW and Laudreni Auto-Autos Santa Elena are the companies selling electric vehicles, something that more and more people are interested in attaining, according to the president of the Costa Rican Association of Electric Mobility.

In 2020, we can expect less expensive models as well as greater variety in options. BYD will present three new models. Those who use electric cars do not have to pay the right of circulation or observe vehicle restrictions and they can use free parking spaces.

Three Costa Rican banks are offering special credit as of October 1 for those who wish to buy electric cars, taxis or buses. These lines of credit have low rates and high financing percentage, covering up to 90% of the vehicle. They can be paid off in 10 years instead of the normal 5.

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