UPDATE: TAG successfully showcases new fleet of vehicles for Valentine's Day
The event was held on Friday February 12, 2016 and Saturday February 13, 2016 at TAG's Showroom and Service Centre at Slaney, on the main island of Tortola.
Virgin Islands News Online was on location on Saturday and noticed as bank representatives, especially from Scotiabank were kept busy as customers came in to see what was there for their liking and pocket.
They were also assured that that the dealership was ready to make orders on their behalf once their vehicle of choice was not in the showroom.
This was also assured by one of the partners of TAG, Patricia M. Romney. “We find this to be very successful. This is our first opportunity to showcase our venue and everyone can come and see our showroom.
“We just brought in a whole new fleet of vehicles and we invited in the banks. We have four banks represented here today and so far we are measuring it to be a great success.”
Davita N. Frederick, Sales and Service Representative of FirstBank, said customer flow was satisfactory.
She noted too that it was the first time the bank was partnering with TAG and that FirstBank would also have a car sale of its own during Emancipation Festival this year.
Scotiabank Managing Director Sarah L. Hobbs told Virgin Islands News Online the car sales event was going “really great” for the bank. “We are always happy to partner with TAG. I think we have a great representation and great rate going at 6.99% for the auto financing so we encourage our Scotiabank Customers and other customers to come and see what their options are. We have a great team here to serve them.”
First Caribbean International Bank and Banco Popular also supported the car sale.
See article published February 12, 2016
Massive 2-day ‘Sweet Deals Sales’ event underway
Tortola Auto Group (TAG), the official Hyundai dealer in the Virgin Islands, has joined forces with four banks to bring great deals and a super low interest rate for customers across the Virgin Islands during its ‘Sweetheart Deals’ Valentine Sales Event.
For two days, February 12-13, 2016 four banks will be under one roof at TAG’s Slaney Point office. The participating banks include Banco Popular, Scotiabank, FirstCaribbean International Bank and First Bank.
Among the amazing offers, the banks will offer customers an interest rate of 6.99% with TAG offering to pay the first month’s loan installment or free insurance for an entire year for qualifying customers.
Managing Director of TAG, Ms Patricia Romney said the company is extremely pleased to have joined forces to provide incentives to customers.
“Many persons missed the opportunity at our I Love Change Sales Event so we wanted to provide another opportunity for those persons during our Valentine’s Sales Event. This is the best time to buy your 2016 model from TAG. Owning a Hyundai is a big deal with its new and improved impressive design, comfort, technology, space and safety. Buyers will also access the exclusive five-year factory warranty, the best on island.”
The banks are also excited to be partnering with TAG.
“First Bank is excited to part of this joint venture with our local auto dealers; providing discounted rates and an easy, flexible and convenient buying process to our community. Our representatives will be present at the event and we look forward to the opportunity to engage with attendees and make the car buying process as smooth as possible,” said Dwane Mason, BVI Market Manager.
Linda Daly, Sales Team Leader at CIBC FirstCaribbean said the bank is delighted to participate in the upcoming two-day event and welcomes the opportunity to provide funding and make car ownership dreams a reality for the prospective buyers.
“We are happy to partner with the brand “Hyundai” that is well known to the general public. It is an opportunity to build the bank’s auto portfolio and remind the general public that CIBC FirstCaribbean is their financial partner as we deepen our community relationships. Customer can expect 48 hour decisions once the all documents are received and submitted,” Daly stated.
Banco Popular will be participating and offering a 6.75% rate to qualified buyers. You can also receive an additional .25% discount by signing up for automatic payment from a Banco Popular account. Subject to credit approval. Certain restrictions and conditions may apply.
Apart from 6.99% rate, Mr Kennie Thompson of Banco Popular will be participating and offering a 6.75% rate to qualified buyers. Attendees can also receive an additional .25% discount by signing up for automatic payment from a Banco Popular account, subject to credit approval. Certain restrictions and conditions may apply.
Home and Auto Finance Specialist at Scotiabank, Mr Olanzo A. Boynes said he is extremely excited to be part of the TAG car sales event.
“Visit us at the event and learn more about FREE insurance for one year, no bank payment for one month and low interest rate of 6.99%,” said Mr Boynes.
Also on offer is an opportunity to win free tickets to enter the Cedar School raffle for a chance to win an All-New 2016 Hyundai Tucson.
The general requirements for auto loans are a job letter, which must be dated and signed and addressed to the bank, last two months pay slips, two valid forms of photo identification, bank statement, last two months’ rent receipt.
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14 Responses to “UPDATE: TAG successfully showcases new fleet of vehicles for Valentine's Day”
Can we really handle this volume of traffic? Can everyone on this island be permitted to own and drive a car on a day to day basis? Many times the driver is the sole occupant of the car.
When are we going to put a moratorium on the import and selling of new cars until we get this thing sorted out?
Any person who cares about this country can see that this can't continue. Everyone over the age of 18 cannot own a car or two or three!
Which ministry is responsible for this? Communications and Works?
Where are the planners? What about Park and Rides? Are we familiar with these and how they can help us? Mr Vantec pool said some time last year that a building for parking will be erected in town. In the Heart of town. But is that the best plan? Parking and volume of traffic and all that accompanies such a high volume of traffic are separate and distinct. Do we not know this?
The people who travel on our money, these same ministers and others; do they not observe how other cities manage their traffic? Do they actually take public transport and get a sense of how the cities are managed in this regard? What do they do when they travel? Why are we so arrested with this thinking that we are on the right path?
Let's face it. We don't have any more space for any more new cars! We don't even have space for the ones on the road presently.
But then again; every mouth must be fed, right?