Mr. Tirachart Chiracharasporn, KLeasing Managing Director, said that, according to KASIKORN RESEARCH CENTER, the used car market will tend to grow further in 2022, and total car transfers are expected to increase by 3-5 percent. If the transfers that are not related to car sales are excluded, the number of used cars sold in the market will amount to approximately 600,000-700,000 units. However, impacts of the present surge in the costs of living must be monitored, while uncertainty will remain high and will likely affect consumer purchasing power and put more pressure on the market. This year, used car sales via digital platforms may grow continually, especially amid changing consumer behavior towards a greater preference for purchasing cars via online channels during the COVID-19 pandemic. Meanwhile, several business operators are now anticipating new marketing opportunities on digital platforms, many of which have established reliable vehicle inspection standards, thus giving buyers greater confidence in used car purchases via such channels.
KLeasing, a provider of comprehensive auto loan service, including used car loans, has therefore partnered with Carsome, Southeast Asia's largest e-commerce platform for pre-owned cars, in using the combined strengths of KLeasing and Carsome to offer customers special privileges under the "Rainy Season Super Promo" special campaign. Customers wishing to buy a used car from Carsome and applying for auto loan with KLeasing will enjoy a maximum loan limit of up to 100 percent, plus an installment payment plan of up to 84 months along with a minimum interest rate of 2.79 percent p.a. Moreover, special privileges will be offered to KBank Payroll customers, members of the Government Pension Fund (GPF) and their family members when they apply for a used car loan with KLeasing. Such privileges include a 2,490-Baht solar WiFi security camera per applicant, while Carsome will offer an on-top discount of up to 10,000 Baht. For more details about the campaign and used-car loan application, please visit www.kasikornbank.com from now until June 30, 2022.
Mr. Siwaphume Lertsansaran, Managing Director of Carsome (Thailand) said that the launch of this rainy season campaign is one of Carsome's commitments to help reduce the burden on consumers with a wide range of special offers and promotions from partners. "Joining forces with important partners like Kasikorn Leasing is part of Carsome's strategy to expand its reach to a wide range of consumers like Members of the Government Pension Fund (GPF) and Kasikorn Bank payroll holders. It also gives Carsome the opportunity to reach new consumer groups and our customers will benefit from a superior used car trading experience," added Lertsansaran.
Other benefits of the "Rainy Season Super Promo" campaign are as follows: A free down payment or 1st-class insurance; Special discounts on cars of up to 200,000 THB; Free nationwide car delivery service; Free Xiaomi 70mai M300 dashcam valued at 1,700 THB; Special discount on the vehicle inspection package from FIT Auto by PTT Petroleum and Retail (OR); Get 20% discount (only 160 THB), on Platinum Car Wash Package from Wizard. The campaign is running from now through June 30, 2022.
For more details and conditions of the rainy season campaign, please visit: https://www.carsome.co.th/news/item/rainyseason-promotion
Source: Kasikorn Bank
