To date, one of the trends in the auto financing market of Ukraine is an increase in demand for commercial vehicles from corporate clients. Thus, in September 2014 Porsche Finance Group (PFG) funded the purchase of 18 items of MAN equipment. Both permanent and new customers used this advantage of financing.
In June 2014, Porsche Finance Group began the partnership with a leading international supplier of commercial vehicles and services in the field of automobile transportation – MAN Truck and Bus Ukraine Company. According to the signed agreement, the financing of PFG on the Ukrainian market is distributed under the brand MAN Finance on all the new equipment and the equipment with mileage.
The deal significantly intensified the market: only in September there were delivered nine MAN vehicles with MAN Finance, as well as nine semi-trailers and trailers of various modifications to the current and new customers throughout Ukraine. In general, currently more than half of all MAN equipment is being realized with the financing of PFG.
It is noteworthy that the first batch of tractors and trailers was delivered to the company “Aero-Express” LLC, which presents TNT Company, the leader in the field of transportation on the Ukrainian market.
“Aero-Express LLC” has been using the advantages of financing of our company since 2013. Therefore, we are happy that now PFG has an opportunity to finance not only light motor vehicle, but also large equipment for regular loyal customers,” Josef Graf, CEO of Porsche Finance Group, says.
“Our company is the only company in Ukraine among express carriers that provides a full range of services in the international shipping and delivery countrywide. And new high-quality automotive equipment is the ticket to our success. So, the financing of PFG for us is very favorable and convenient service”, Ihor Krugliak, General Director of “Aero-Express”, confirms.
It should be reminded that in the assortment of MAN there are not only MAN trucks, but also MAN and Neoplan local, intercity and tourist buses. In addition, the company imports diesel and gas engines, and also offers its customers a wide range of services, technical support and financing. Under the terms of the financing, buyers can take MAN trucks in the lease at 10.5% in dollars and 11.5% in euros. The minimum advance fee is yet 15% and the company’s commission is 1.5%. The financing period is from one to five years.
“We hope that this is the beginning of a successful long-term cooperation. Due to the partnership with PFG we can provide our customers with more favorable terms as compared to the other players in the market”, Oleksandr Ostapovych, commercial director of MAN Truck and Bus Ukraine, says.
Information about Porsche Finance Group:
Porsche Finance Group is represented in Ukraine by the companies of Porsche Leasing Ukraine, Porsche Mobility and Porsche Insurance Agency. They are the property of Austrian Porsche Bank, which in its turn belongs to “Porsche Holding” (Volkswagen AG). In Ukraine Porsche Finance Group provides the following services to the clients of official dealers of Volkswagen, Audi, Seat and Porsche – financial operating leasing, crediting, fleet management services and acts as an intermediary in insuring vehicles purchased with financing or cash.
Information about “Aero-Express”:
“Aero-Express” LLC was founded in 1993. For more than 20 years it has been rendering services of express delivery and freight traffic. The company is also a partner of TNT Express on the Ukrainian market. “Aero-Express” provides rapid delivery of more than 20 000 items per week using modern fleet of 260 vehicles.