Low interest loans for winter tires

Low interest loans for winter tires

MPI offering Winter Tire Financing Program

A new Manitoba Public Insurance program is now available for Manitoba residents for the purchase of a set of winter tires. The low cost loans (prime plus 2%) of up to $2000 per vehicle is available in one to four year terms. As an example, a $1000 set of winter tires would add $22.93/month to your monthly Autopac payment.

To qualify for the program, you must be an individual owner, not a company, purchasing tires for a car or light truck that is registered in your name. You must not have any financing restrictions or owe money in arrears on your Manitoba Public Insurance account.

Financing can be applied to the purchase of winter tires including associated costs for rims, mounting, balancing, taxes and fees. Not eligible for financing are the repair of tires, maintenance/storage of tires between seasons unless included as part of the initial cost, switchover cost of changing between all-season and winter tires after the initial purchase/installation unless included as part of the initial cost.

Complete program details are available at participating Winter Tire Program retailers or the Manitoba Public Insurance website and broker network.