Car loan repayment: – early maturity: the second month after loan – payments are made monthly, in equal amounts (at the time of the loan the bank will send the borrower notice in the mail with the schedule of loan repayment by month) – possibly cash or cashless repayments, early repayment. How to take advantage of getting car loan? Step 1. Consult in the showroom: what banks in this showroom offer auto loans. Choose Credit program; Step 2. Select a car in any car show-partner bank (namely someone whose credit program you like) and to determine the cost of additional works on pre-sale preparation of the car; Step 3. Make a Motor invoice for you to choose a car and make a copy of its Title, certified by a stamp dealership; IMPORTANT! If the loan amount exceeds 1 million rubles to provide a set of documents of the Guarantor (Corresponds to a set of documents of the Borrower). Based on information received, the bank will make the final calculation of the loan amount and make a decision: to grant or deny credit to the Borrower.
If you made a positive solution – see Step 4. Step 4. Pay advance auto show – at least 20% of the final cost of the car. Step 5. Register your car in the traffic police to establish an insurance policy on him.
Step 6. Together with the employee Dealer submit to the bank original Title and an insurance policy for your car, and then sign the acceptance certificate of transfer and get a new car! Frequently Asked Questions (FAQ) about Car Loan 1. What is the interest rate on car loans? For the new Car: – term loans of up to 1 year – 13% U.S. Dollars, 11% – U.S. – loan term from 1 year to 3.5 years (or up to 5 years for special programs) – 14-15% Dollars, 12% – dollars. For a used car: – the credit period to 1 year – 17% U.S. Dollars, 12% – U.S. – Crediting period from 1 year to 3.5 years (or up to 5 years for special programs) – 18% U.S. Dollars, 13% – dollars. 2. What could be providing car loan? Required Software – secured car, optional (for large amounts credit): third-party guarantee, a pledge of other property. 3. How does the debt? Repayment is in monthly installments (the share of debt + interest on the loan), the moratorium on prepayment – 6 months. 4. Can I get a car loan motorcycle? If you want to buy 'cool' bike (which is sometimes worth more than some of the models 'Lada') – the banks will help to solve this problem. Credit for the purchase of motorcycles available on up to 3 years, the interest rate – from 15% per annum in rubles. Bon voyage, be careful on the roads!