The Leobank car loan consists of an adapted credit to be able to purchase a car. Incidentally, the loan can also be used for another dream vehicle. For example, the credit also offers a solution to buy a motorbike or even to purchase an electric bicycle or caravan. Even if a credit is needed quickly to buy a car, this lender offers the option. It is already possible to realize the car loan within a few days. Of course, the application must be completed in full and supporting documents must be presented so that the file can be assessed.
| Lender | Information | Max. Loan | To request |
 | Review | $ 200,000 Interest (APR) 2.39% | |
 | Review | $ 50,000 Interest (APR) 1.29% | |
 | Review | $ 50,000 Interest (APR) 3.6% |
Financing the purchase of a car
More and more consumers are choosing to finance the purchase of a car. Even if savings are available, the choice is often made for a car loan from Leobank . The money that has been saved can be used for other things in this way or simply remain in the savings account. If there is no money in reserve and a new car is needed, it goes without saying that a car loan can offer a solution. The advantage is, among other things, that there are fixed monthly payments during the entire term and that the credit is fully repaid at the end of the term. It is often recommended to adjust the term to the desired duration of ownership of the car. It often happens that people want to switch to another car after 3 or 4 years. For example, to keep buying a newer car. When the term is over, a new Leobank car loan can be taken out to purchase the next car. Incidentally, it does not matter whether it is a used car or a new car.
Up to 120 percent of the purchase value
A loan can be taken out at Leobank for the purchase of a new car up to 120 percent of the purchase value. This is an immediate advantage, because it means that the costs of buying the car can be included in the amount of the loan. For example, the costs of VAT. The interest rate with the annual percentage rate is also attractive and therefore another advantage. It is of course possible to perform a simulation. A choice is offered between a loan with a term of less than 2 years and a credit with a term of 2 years. After having made this choice for the simulation, the desired amount is requested. The purchase amount of the car and additional costs can be entered here. The total loan amount may not exceed 120 percent of the purchase value. Then the duration can be selected. Moreover, a practical insight is offered into the repayment terms for different types of maturities. For example, you can choose for 24 months or 60 months, but also a different term. When the simulation is ready, the Leobank car loan can be applied for immediately online.