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Scotiabank, CIL partner with car dealers for sale

Personnel from Scotiabank and Caribbean Insurers Limited at the car sale on Saturday November 15, 2014. Photo: VINO
New vehicles were on display with their sticker prices and terms. Photo: VINO
New vehicles were on display with their sticker prices and terms. Photo: VINO
The dealers had on offer from luxury vehicles to mid-priced ones. Photo: VINO
The dealers had on offer from luxury vehicles to mid-priced ones. Photo: VINO
Persons taking a look at what was on offer. Photo: VINO
Persons taking a look at what was on offer. Photo: VINO
One of the higher priced vehicles on display. Photo: VINO
One of the higher priced vehicles on display. Photo: VINO
ROAD TOWN, Tortola, VI – Scotiabank and Caribbean Insurers Limited (CIL) came together on Saturday November 15, 2014 for a car sale which saw reduced rates for the purchase of brand new vehicles from a number of top auto dealerships in the Territory.

The event took place at the parking lot Opposite Scotiabank and saw a healthy turnout of buyers, some of whom closed deals at the end of the 5 hour event.

Speaking to this news site at the event, Ryan L. Best, Manager at Scotiabank Road Town said that it was a great opportunity for anyone who had been considering purchasing a new car.

“What we have here is the first car sale for the year with all the major car dealers in association with Caribbean Insurers Limited, one of our partners. We usually come together occasionally to do things like this,” he said.

“We are promoting a special rate of 6.95 percent [interest] and 100 percent financing. We are very pleased with the turnout. Persons looking to get a car for the new year we have 2015 Range Rover EVO, 2015 Mazda CX5, Mercedes Benz and of course there are mid-price models like Suzuki and Kia for those persons looking for something a little more affordable,” he said.

Best said that Scotiabank is promoting a very quick turnaround time “and we invite everyone to come out [as] going forward we will continue to have activities like this.”

Managing Director at CIL Brian W. Jermyn said, “We are just happy to [partner] with Scotiabank today for another car sale. It is getting close to Christmas and it is a good time for people who may be thinking of getting a new vehicle before the end of the year.”

“Scotiabank has put on some great interest rates and for any car sold today we do have a special rate on comprehensive insurance. It is a great deal and I hope many people take advantage of it. There have been many people coming through and I know that they signed up for some potential sales so that is great news for us, the bank and the people of the Territory looking for a new vehicle,” said Jermyn.

“We are very happy that we have many of the car dealers involved; Burke’s Garage, VI Motors, International Motors,” he said, saying that the event could not take place without their participation.

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