The best offers for car loans in June 2018

According to the latest Car Lenders reports, the trend in requests for specific loans entered a positive trend, and in May 2018 recorded growth of almost 5 percentage points compared to the same month of 2017. The car loans sector, also in based on the data collected by the Car Lenders, it remains a driving force. A brief guide to the best car loans and the various options available.

Car loans: get up to € 60,000

Car loans: get up to € 60,000

The most common way to buy a new car is through a specific loan , but even a personal loan can solve the problem and is the preferred solution if you buy a used car from a private individual. The difference is soon told. With a loan for car purchase in finance, you take advantage of an agreement between the dealer and the financial company to have, at often interesting rates, the possibility of paying the car in installments. In some cases, the installment takes the form of a lease with the possibility of redemption, so you can choose, after having repaid a number of agreed installments, to pay a maxi-final installment and become the owner of the car, or renounce it. In this case the installments already paid are considered as a rental fee.

The alternative, as it was said, is instead to request a personal loan, even addressed and tailored to the purchase of a car, but with the necessary amount paid into the current account. In this case, it is not a question of paying the purchased car in installments, but of receiving the amount necessary for the purchase and then returning it to the financial institution in monthly installments. In both cases, the loan is approved by the credit institution, and the best option depends on the offer.

Until June 30th Car Lenders proposes a subsidized car loan for current account holders and holders of a postal passbook. To buy a new or used car you can get amounts between 10,000 and 30,000 euros , to be repaid over durations between 30 and 84 months, without preliminary fees. The reimbursement takes place by direct debit in the Car Lenders account or by postal bill if the payment was made in a postal passbook.

Car Lenders proposes instead car loans from 5,000 to 30,000 euros , for new, used cars, at km 0. The amount is paid into the current account and reimbursed by direct debit, with a plan of between 18 and 120 months. The repayment of the first installment is 30 days from the subscription. The Car Lenders loan offer includes the possibility of optional insurance against unforeseen reimbursement.

Loans 5000 euros New cars / km0

Loans 5000 euros New cars / km0

Financial: Simple Loan
Product: Personal Loan
TAN Fixed: 4.25%
APR: 4.44%
Loan duration: 60 months
Amount Financed: € 5,000
Total due: € 5,558

Monthly installment € 92 

Monthly installment

Financial: Loan
Product: Personal Loan
TAN Fixed: 4.91%
APR: 6.56%
Loan duration: 60 months
Amount Financed: € 5.654
Total due: € 5.848

Monthly installment € 95 

Financial: Loan
Product: Personal Loan
TAN Fixed: 4.25%
APR: 6.53%
Loan duration: 60 months
Amount Financed: € 5,260
Total due: € 5.848

 

Monthly rate € 97 

Financial: Loan
Product: Personal Loan
TAN Fixed: 6.50%
APR: 6.90%
Loan duration: 60 months
Amount Financed: € 5,000
Total due: € 5,894

Monthly installment € 97 

Financial: Credit
Product: Personal Loan
TAN Fixed: 4.25%
APR: 6.79%
Loan duration: 60 months
Amount Financed: € 5,291
Total due: € 5,882

Monthly installment € 98 

Financial: Credit
Product: Vehicle Credit
TAN Fixed: 6.65%
APR: 6.86%
Loan duration: 60 months
Amount Financed: € 5,000
Total due: € 5,891

Monthly installment € 98

Financial: Credit
Product: Vehicle Credit
TAN Fixed: 9.90%
APR: 11.41%
Loan duration: 60 months
Amount Financed: € 5,050
Total due: € 6,498