Pawn loans are on the rise: more Argentinians are accessing financed new cars.

Pawn loans have risen again in Argentina , and this time with force in the automotive market. Pawn loans for the purchase of brand-new cars grew strongly in the first quarter of the year, driven by falling inflation, the macroeconomic order, and, above all, offers from automakers with 0% interest rates. For many analysts, this upswing is a clear sign that the economy is beginning to show signs of normalization.

According to data from the Argentine Automotive Market Online Information System ( Siomaa ), direct financing offered by automotive brands went from representing 13% of pledge transactions to 38% so far in 2025. The jump is significant and shows that more buyers are willing to go into debt to access a vehicle, something unthinkable in contexts of high financial instability.

The most attractive credit options are those offering 0% interest rates, available at several locations. Models such as the Renault Kwid, Ford Ranger, Chevrolet Tracker, and Fiat Cronos can be purchased by financing up to 80% of the car's value, in some cases in up to 24 interest-free installments. This type of credit, absent during years of crisis and runaway inflation, has regained prominence.

This reactivation of collateral credit not only boosts car sales but also has a positive impact on the entire industrial chain. From dealerships to auto parts manufacturers, the recovery of financing boosts real economic activity. Furthermore, it demonstrates that the financial system can once again play a role as a bridge between consumption and production.

The expansion of credit also reflects a change in consumer behavior. With less economic uncertainty and more predictable rates, many Argentines stopped postponing the purchase of their own car and returned to relying on financing. In fact, the promotions launched by automakers quickly sold out in several dealership networks.

This phenomenon is occurring alongside increased competition among brands, which have expanded their promotions to attract customers. Volkswagen, Nissan, Stellantis, Toyota, Chevrolet, Renault, and Ford offer different plans that allow financing between $10 and $25 million, in fixed installments or adjusted by UVA (UVA-based mortgages), but always with promotional rates.

Although auto credit isn't a solution to all problems, its growth is a concrete sign that the economy is beginning to move toward a healthier path. The fact that more Argentines can access a financed car, without unaffordable rates, is also a sign of confidence: something the country hasn't seen in some time.