Car purchase credits break records in Colombia: banks disbursed $1.19 trillion in January

This year began with a strong boost for the Colombian automotive sector. According to an analysis by the Economic Research area of Fenalco Antioquia, based on data from the Financial Superintendence, in January $1.19 trillion in vehicle credits were disbursed nationwide, distributed in 15,316 operations.

Car purchase credits break records in Colombia: banks disbursed $1.19 trillion in January

TL;DR

  • In January, $1.19 trillion in vehicle credits were disbursed across Colombia in 15,316 operations.
  • This represents a significant increase compared to January 2025 and a stronger recovery compared to January 2024.
  • January 2026 marked the best start to the year in recent history for new vehicle registrations, with 19,969 units nationally.
  • Antioquia registered 3,829 new vehicles, surpassing its historical average.
  • Renault led vehicle sales in Antioquia, with the Logan model showing a significant increase.
  • Kia led national vehicle sales with 56.8% growth, while Bajaj and Honda drove motorcycle sales growth nationally.
  • The strong January performance is attributed to increased credit access and improved consumer confidence.