(ANSA) – ROME, AUGUST 02 – After the intervention of the Antitrust, 14 car manufacturers modify their offers for purchase with financing and leasing: the Agency announces this, explaining that it has closed the proceedings concerning FCA, Volkswagen, PSA, Renault , Toyota, Ford, BMW, Mercedes, Hyundai, Kia, Suzuki, Nissan, Honda, MM Automobili that had not clearly provided information on the economic conditions of the purchase offers with financing and leasing “accepting the commitments proposed” by the companies .
The commitments presented by the companies – which will concern both digital and traditional offline communication – affirms the Antitrust “allow the consumer to understand, from a first reading of the offer conditions, the extent of the economic commitment required and the its distribution over time. The concentration in a single visual box of all the relevant economic information (the amount of the advance, the number and monthly amount of the individual installments and leasing fees, the amount of the final payment, any redemption value, the TAN and the APR), presented clearly and with adequate graphic evidence, allows the consumer to calculate the cost of the car with simple arithmetic operations and understand the payment methods over time.
The proposed commitments – concludes the note – therefore represent a significant improvement in communication relating to financing conditions because they reduce the information asymmetry, ensure transparent and immediately understandable offer conditions, innovate communication in the automotive sector and, above all, put an end to current practice which emphasized at first contact the low amount of the monthly installment (or fee) or a price that did not include financial charges or expenses “. (ANSA).