United Motors partners Combank to promote all new Mitsubishi Mirage

Contrary to what its name may suggest, the prospect of owning the all-new Mitsubishi Mirage will become a solid reality for leasing customers of the Commercial Bank, following a partnership between the Commercial Bank and United Motors to promote this highly efficient subcompact hatchback from the Japanese automaker.

A Memorandum of Understanding signed by the two companies paves the way for attractive discounts on the starting price of Rs. 3.515 million for purchasers who obtain a lease from the Commercial Bank, in addition to competitive lease rentals with flexible payment options from Sri Lanka’s largest private bank.

Under this scheme, Commercial Bank will also offer specially formulated insurance packages from the bank’s bancassurance channels, and the convenience of ultra speedy service via its island-wide branch network.

The MOU was signed by Commercial Bank Chief Operating Officer Jegan Durairatnam and Gihan Pilapitiya, General Manager – New Vehicle Sales at United Motors, in the presence of senior officials of the two companies.

“This latest partnership between Commercial Bank and United Motors represents our continuing commitment to add tangible value to our leasing customers by enabling them to get the best vehicle deals possible,” said Durairatnam, Chief Operating Officer of Commercial Bank. “Besides the savings and the convenience offered through this promotion, buyers also have the advantage of being served by two leaders in their respective fields.”

A stylish five-door hatchback launched in Sri Lanka in February this year, the new Mitsubishi Mirage is fitted with a 1.2 litre three-cylinder engine that offers class-leading fuel efficiency. It is available in manual, automatic and premium automatic versions. All variants come with a CVT (Continuous Variable Timing) gear box that ensures smooth driving, push start keyless operating system, fully auto air conditioner and a Kenwood audio system with USB and iPod compatibility.

Across the board safety features include a driver and passenger airbag system and automatic contracting front seat belts that operate in tandem with airbags during a collision. The Mirage is available in nine colours – Lemonade Yellow Metallic, Pop Green Metallic, Eisen Grey Mica, Medium Blue Mica, Black Mica, Red Metallic, Cool Silver Metallic, White Pearl and White Solid.

The largest private bank in Sri Lanka and the only Sri Lankan bank to be listed two years consecutively in the world’s Top 1,000 Banks, Commercial Bank is one of the leading leasing service providers in the country and is a member of the Leasing Association of Sri Lanka.

The bank provides leasing facilities for a range of assets of diverse values including machinery. Commercial Bank has been adjudged the ‘Best Bank in Sri Lanka’ by Global Finance magazine for a record 15 successive years and has also won multiple awards as the country’s best bank from ‘The Banker,’ ‘FinanceAsia,’ ‘Euromoney’ and ‘Trade Finance’ magazines.

One of the oldest automobile companies in Sri Lanka, United Motors Lanka PLC has been in existence for over 66 years and has been ranked among the top 50 companies in Sri Lanka as well as among the top 100 most respected entities in the country.