The modification is for those who have purchased their vehicle under the “closed group” modality. They will be able to defer 20% of the rate in up to 12 installments.
Those who are registered in Savings plans for the purchase of new cars will be able defer 20% of the rate in up to 12 installments if they do so with entities under the “closed group” modalityaccording to the General Inspectorate of Justice. The measure affects contracts whose grouping took place before December 31.
This was established by resolution 17/2024, published in the Official Gazette, which reports: “The entities that manage savings plans under the ‘closed group’ modality must offer subscribers, of groups in force as of the date of this resolution, holders of contracts whose grouping occurred prior to December 31, 2022, the option of deferring 20% of the rate and administrative burden in up to a maximum of twelve consecutive installments due at the time of exercising the option.”
This deferral option “must be offered from the effective date of this resolution and maintained for a period that will expire on December 31, 2024.”
In turn, it is clarified that Subscribers with current contracts, in the savings period and awarded, who owe installments, and in this case have or have not received the vehicle, may opt for the deferral, as well as those whose contracts, as of the effective date of this document and from April 1, 2018, have been terminated by resignation, rescission or resolution.
How the fees should be cancelled
- Contracts awarded in default: at the time of exercising the option.
- Savings contracts, rescinded, waived or resolved: at the time of being awarded. If they make a tender offer and are awarded, the amount of the pure installments tendered will be charged to the overdue debt.
Subscribers who have initiated legal proceedings, obtained precautionary measures affecting the payment of their fees or who are part of other deferral regimes General Resolutions No. 8/23 and No. 14/20 and who remain in such situation on the date of expiration of the period to exercise the option provided for in the previous article may not exercise the option. If they obtain such measures after having opted for deferral, the latter will be void.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
