MPI’s winter tire low-interest financing program is once again available to anyone looking to upgrade their tires.
Last winter, more than 30,000 Manitobans have taken advantage of the program.
Gord Mackintosh, minister responsible for Manitoba Public Insurance says “The safety benefits of winter tires are well documented and this positive response confirms that many Manitoba vehicle owners have made road safety a priority. The purpose of this low-interest winter tire financing program is to allow Manitobans, who otherwise might not be financially able to do so, to equip their vehicles with winter tires.”
The program provides loans to a maximum of $2,000 per vehicle for up to 48 months at prime plus two per cent.
Did You Know?
- At temperatures just below freezing on dry pavement, winter tires have been shown to reduce stopping distances by as much as 30 per cent compared with all-season tires.
- Winter tires offer significantly better traction on snow-covered or icy road surfaces at temperatures well below -30°C than all-season tires have at 4°C.
If you’re interested in participating in the program you can visit mpi.mb.ca for more information.