In Germany, more than three million new vehicles are registered each year. Earlier, it was purposefully saved on a purchase, today you do not want to wait and pay your car on a installment, talk about a financing from. This is of course the immediate availability of the car without long waiting times. However, you should first inform yourself in advance about terms, rates and interest rates.
The car loan of the lending companies
The lending companies offer a car loan, where you can individually customize your needs. It does not matter whether you want to buy a used or new car, a motorhome or a caravan, a motorcycle or a roller. The car loan of the lending companies promises to have the right car financing for every purchase. You can choose between small loans from 5,000 EUR up to 125,000 EUR. The financing expires at the car loan of the lending companies quickly and easily and applies to new as well as used vehicles. The terms are flexible. In the case of cars, for example, you can choose between terms of 12 to 84 months. For motorcycles, the repayment period is between 12 and 60 months, and for caravans and mobile homes, you can even pay up to 96 months to repay car loan. In addition, you can replace an existing car loan with the car loan of Allianz and so have a better overview of the total expenses for the car loan. The interest rate of the car loan of the lending companies is at a minimum of 5.99% from a term of 12 months. With a maturity of 24 months, the annual percentage rate is 7.99% and from a term of 36 months up to maximum maturity, there is an annual interest rate from 8.99%. However, you should always make a total bill and really see how much the car loan your own wallet burdened so as not to become insolvent at some point.
The car loan and its pitfalls
In a car loan, there are some pitfalls and traps, as with any loan. For example, by losing a job you can quickly get into financial difficulties and be unable to pay your installments. It is also possible that one has lost in the insurance of the vehicle. So someone who has gone to the car loan accident-free, and now an accident caused is quickly come to a higher insurance level and have to pay significantly higher contributions. This can lead to a very high monthly burden of the purse and in the worst case to the insolvency of the rates of the car loan.
Therefore, the lending companies has another offer to its normal car loan.
This ensures that the monthly prices remain the same over the entire financing period of the vehicle. If you have caused damage to the car, you will not be upgraded and can move so good conscience and calmer his vehicle. Should a total loss be caused, in this case the takeover of the registration and transfer costs of the replacement vehicle will come into force for car loan.
In addition, the car insurance in this model is powerful and offers monthly attractive fixed prices. One thing should be noted: The used vehicle may be a maximum of 7 years old!