Buy a brand new car with exceptional finance
we want to make it easier for you to buy your new car.
That is why we’re putting our foot on the accelerator to give you a rapid response through Crédito Auto.
We offer you the possibility of paying for the
new car that you want in a fast and flexible way
Terms and conditions
At branches... Interest rate : 6,50%1 APR: 7,46%2 Arrangement fee: 2,00 %3 Assessment fee: 0,00 % Compensation for early repayment 0,50 %4
1. Interest rate applicable to operations whose holder or guarantor has a salary or pension.
2. APR of 7.46% for a sum of 12,000 euros to be repaid in 6 years at a fixed interest rate of a nominal annual 6.50% and a monthly instalment of 201.72 euros. The last instalment is for a lower sum: 201.58 euros. Total amount outstanding: 14,763.70 euros. The APR calculated includes the arrangement fee of 2.00%. If no salary or pension is deposited, the applicable fixed interest rate will be 9.50%. APR of 10.74% for a sum of 12,000 euros to be repaid in 6 years at a fixed interest rate of a nominal annual 9.50% and a monthly instalment of 219.30 euros. The last instalment is for a lower sum: 218.70 euros. Total amount outstanding: 16,029.00 euros. The APR calculated includes the arrangement fee of 2.00%.
3. Minimum arrangement fee: €60
4. Should the period from the repayment date until the loan maturity date exceed 1 year, the applicable compensation is 1%
- Documentation required
To process your Car Loan we only need the following documents:
- Applicant’s ID (NIE or passport)
- Last two pay slips (if employed by someone else)
- Income tax return (from previous year)