Overview
- Effective September 1, 2025, the elimination applies across all Renault finance plans and models through its captive lender.
- Renault characterizes the move as a lasting commitment rather than a promotion, with the brand taking on a cost that previously went to financial institutions at about 2.5% of the financed amount.
- Condusef places opening fees between 1% and 5% of a loan, which on a 400,000‑peso purchase could reach roughly 10,000 pesos, highlighting the potential savings for customers.
- More than 60% of Renault’s sales in Mexico are financed, and specialized outlets report the brand as the first in the country to permanently remove the charge, a step they say could pressure competitors to respond.
- The decision is tied to Renault’s Renolution strategy and its 25th anniversary in Mexico, with the company evaluating further finance innovations such as simpler plans and leasing.