The easiest auto loan you'll ever have: Your car first, the principal later!
Do not let your expenses stop you from owning a car. Purchase your car first, and we will handle the rest, postponing your principal payments and significantly reducing your installment amounts until the end of the period you will define.
You do not need to constrain your budget to own a car. Just visit us and pay only the interest amounts during the first twelve months of your debt.
Auto Loans with Postponed Principal, with the direct lending option, are awaiting you at Finansbank. Enjoy the maturities of up to 60 months and the budget-friendly interest rates.
Features
- Deferment of principals may be arranged for up to the one third of the total maturity period, and may not exceed 12 months.
- Auto Loans with Postponed Principal finance your purchases of cars up to 8 years of age.
- Borrow in TL.
- Benefit from auto loans in TL to finance up to 90% of the on the road price for 0 km vehicles, and up to 80% of the car insurance for second hand vehicles, unless otherwise indicated.
- Arrange your own repayment scheme with up to 60-month maturities, for 0 km cars and up to 5-year-old vehicles. Own a 6-8 year old car with maturities of up to 10 years, on condition that the sum of the maturity period and the car age does not exceed 10 years.
- You can use the car that is subject to loan as collateral of your loan.
- You can also pay the loan fees in installments, subject to the same maturities and low interest rates as your auto loan.
- Consult your customer representative in order arrange the repayment scheme tailored to your conditions; and choose from the fixed, flexible, or intermediate payment options brought to you by your loan.
- Pay-off your debt before maturity without any penalties or fees.