Financing
Buying the vehicle of your dreams has now become more affordable.
​
A favourable interest rate of 4.99% p.a. applies. Moreover, loans of €7,000 or more are available for an extended period of 7 years instead of 5 years.
Additional benefits apply when taking a loan to finance the purchase of eco-friendly motor vehicles.
​
With a Motor Loan, you can realise your driving ambition and own that vehicle you’ve been dreaming of. Once you find the vehicle of your choice, speak to us so we can help you with the right motor finance option, we have straight cooperation with banks.
Here is an overview of main features of the Motor Loan:
Amount borrowed
We can offer you a Motor Loan starting from €1,000 up to €40,000, with advantageous repayment options.
Repayments generally span up to a maximum period of 5 or 7 years. The present offer permits loan amounts of € 7,000 or higher to extend the maximum term up to 7 years, provided that:
- term of the loan is in line with the purpose of the loan and the expected life of the asset being financed
- term of the loan does not go beyond borrower's retirement age.
​
Repayment Terms
Motor loans are repayable by monthly instalments, and the amount you pay each month is determined by
​
• the sum you borrow
• the selected term and
• the applicable rate of interest
​
If you decide to repay the loan before the stipulated term, whether in one lump sum or by increasing your monthly instalments, no penalties or additional fees apply.
​
Processing Fees
A one-time processing fee of €40 applies. There are no other hidden fees or extra costs.
Qualifying for the loan
To apply for Motor Loan, we require that:
​
• you are over 18 years of age
• in regular full-time employment
​
We will ask you to provide us with formal confirmation of income and expenditure. As evidence of income, it will be useful to have your recent payslips together with your FS3s or Profit & Loss Accounts together with the Inland Revenue income and self-assessment form submitted to the Inland Revenue. Your proof of identity is always necessary when contacting us.