Car Loan
Why settle for just any car?
Stop dreaming:
- From €2,500 to €60,000.
- To be returned between 18 to 96 months.
-
8,75%1 NIR
(APR: from 9.57% to 15.36%)2
Thinking of an eco car?
You will get a 50% discount on the arrangement fee.And a free VIA-T the first year and at a 50% discount the second year.
You will enjoy great discounts on the motorway tolls in some communities, such as the EcoVIAT in Catalonia.
You will get Free Registration Tax and a 75% discount on road tax.
You can drive with no problems in big cities when they activate their anti-pollution protocols.
And you’ll get discounts in car parking areas in some cities, such as Madrid or Barcelona.
The approval, the amount and the term of each requested transaction will be determined and will be conditional on the bank's risk criteria.
(1) Car Loan at 8,75% NIR. Interest rate and arrangement and study fees for clients of over 6 months’ standing, with direct debit and subject to risk assessment. Offer valid until 31/12/2020. Conditions valid for requests made through remote channels for amounts between €2,500 and €60,000.
(2) The calculation of the APR of the NON-ECO car loan includes the arrangement fee of 2.50% (minimum €75) and study fee of 0.25% (minimum €30) calculated on the loan amount. Fee calculated without taking into account the optional three-month grace period:
Example of a requested amount of €2,500.
APR of 10.44%, to be repaid in 96 months, at an nominal annual interest rate of 8,75% and a monthly payment of €36.31 The last instalment is lower: €35.55 Total amount owed: €3,590.
Maximum APR of 15.36% to be repaid in 18 months, at an nominal annual interest rate of 8,75% and a monthly payment of 148.71 euros. The last instalment is lower: €148.67. Total amount owed: €2,781.74.
Example of a requested amount of €5,000.
APR of 10.36%, to be repaid in 96 months, at an nominal annual interest rate of 8,75% and a monthly payment of €73.26. The last instalment is lower: €72.40. Total amount charged: €7,187.10.
Maximum APR of 13.94%, to be repaid in 18 months, at an nominal annual interest rate of 8,75% and a monthly payment of €297.99. The last instalment is lower: €297.96. Total amount charged: €5,508,48.
Example of a requested amount of €12,000.
APR of 9.57%, to be repaid in 96 months, at an nominal annual interest rate of 8,75% and a monthly payment of €175.81. The last instalment is lower: €175.08. Total amount charged: €17,058,01.
Maximum APR of 13.41%, to be repaid in 18 months, at an nominal annual interest rate of 8,75% and a monthly payment of €715.18. The last instalment is lower: €715.04. Total amount charged: €13,178,36.
The calculation of the APR of the ECO-car loan includes the arrangement fee of 1.25% (minimum €37.5) and study fee 0.25% (minimum €15) calculated on the loan amount. Fee calculated without taking into account the optional three-month grace period:
Example of a requested amount of €2,500.
APR of 10.04%, to be repaid in 96 months, at an nominal annual interest rate of 8,75% and a monthly payment of €36.31. The last instalment is lower: €36.20. Total amount due €3537,50.
Maximum APR of 12.43%, to be repaid in 18 months, at an nominal annual interest rate of 8,75% and a monthly payment of €148,71. The last instalment is lower: €148.89. Total amount owed: €2,729.24.
Example of a requested amount of €5,000.
APR of 9.86%, to be repaid in 96 months, at an nominal annual interest rate of 8,75% and a monthly payment of €73.26. The last instalment is lower: €72.40. Total amount charged: €7,047.50.
Maximum APR of 11.61%, to be repaid in 18 months, at an nominal annual interest rate of 8,75% and a monthly payment of €297.99. The last instalment is lower: €297.96. Total amount charged: €5,430.98.
Example of a requested amount of €12,000.
APR of 9.85%, to be repaid in 96 months, at an nominal annual interest rate of 8,75% and a monthly payment of €175.81. The last instalment is lower: €175.08. Total amount charged: €16,908.01.
Maximum APR of 11.54%, to be repaid in 18 months, at an nominal annual interest rate of 8,75% and a monthly payment of €715.18. The last instalment is lower: €715.04. Total amount charged: €13,028.36.
