Banco de Costa Rica (BCR) announced on April 16 that it will provide immediate credit approval for customers presenting proof of income at Expomóvil 2026. The bank is offering financing options for both combustion and clean energy vehicles, with loan terms of up to eight years regardless of currency.
This initiative aims to make it easier for individuals to purchase new vehicles, whether traditional or environmentally friendly models. BCR said its offer includes fixed interest rates—8.80% in colones for four years and 7.80% in dollars for three years—for combustion vehicles, while hybrid and electric vehicles can be financed at a fixed rate of 8.55% in colones or 7.70% in dollars.
The bank’s plan allows financing from $8,000 up to $125,000 or the equivalent amount in colones, covering up to 90% of the vehicle’s value depending on type and currency. For hybrids, financing covers up to 90%, while electric or hydrogen-powered cars are eligible for up to 80%. The investment plan also includes coverage of commissions and formalization expenses.
During Expomóvil, special insurance benefits are available through INS, LAFISE, and ASSA insurers. Customers may receive discounts on formalization fees based on their existing products with BCR. At the event’s stand, BCR executives will be present to assess customer needs and adapt financial solutions accordingly; there will also be dedicated support for micro-, small-, and medium-sized businesses attending the fair.
For those unable to attend Expomóvil in person but interested in applying for a loan, online applications are available through BCR’s website or by visiting any branch nationwide. More information about requirements and conditions can be found at www.bancobcr.com under the vehicle credits section.
