Car Loan Lets You Get The Vehicle You Want With Attractive Terms And Low-Interest Rates Owning a car in the luxury goods category gorse in a country like Turkey is very important for many people. A car, especially if you live in a city like Istanbul, will make it very easy to get anywhere. It is certain that there will be a significant increase in your quality of life when you reach fast and easy access to places such as work, home, school.
Although there is a highly developed used car market in our country, the request of the consumer may be to buy a 0 km car. 0 km vehicles are generally an investment that can be sold on demand, regardless of brand, and can provide you with the main money to buy a new vehicle in the future.
Therefore, while many users buy cars,
If they have purchasing power, they prefer 0 km cars. 0 Km from a luxury in Turkey 0 km on average, means to own a car in Turkey is meant to enter an investment of 50,000 pounds. In addition to the vehicle’s own value, the price of the vehicle rises considerably, since a large amount of luxury excise taxes are added to the price of the vehicle. Therefore, as mentioned at the outset car is a luxury consumption in Turkey.
Many people living in Turkey in cash can not afford such a high amount. For this reason, banks offer attractive rates of loans to individuals. These loans usually meet the consumer with maturities up to 48 months. These types of loans, which do not require any guarantor, consider the purchased vehicle as collateral. Thus, you can have the tool you want without any guarantor.
In this type of vehicle loans
If a vehicle with a value below 50.000 dollars is valid for individual customers, 70% of the vehicle value is given to the consumer as a loan, if a vehicle with a value above 50,000 dollars is desired. Although it is quite difficult to buy a car today, you can have your dream car in monthly installments with a loan with attractive loan rates.
In this way, you can travel comfortably and get your work done quickly. If you have decided to buy a used car, then the banks can give you a loan. These loans that you can get in exchange for a guarantor can be given for vehicles that have not reached the age of 10. Banks may optionally request an extra surety for such loans.
Documents Required When Taking Vehicle Loans While you are getting a vehicle loan, the various banks expect you to meet various conditions. These conditions may be personal accident insurance, automobile insurance, being over the age of 18, having an income, and the credit not exceeding 50% of the household’s common income. Similarly, there are various documents that you need to submit when applying for car loans from banks.
First of all, you should show a document showing your identity
You must take your identity card, driver’s license or passport with you. Invoice and notary sales contract are also among the documents requested by different banks. Proof of residence can also be requested from you for confirmation of your place of residence. Vehicle loan rates differ from bank to bank as in every loan. Mostly, many banks give 0 km car loans below 1.50%. In second-hand car loans, this figure may increase by 0.10 points.
As with any loan, you should investigate the loan that offers you the best interest rate. The loan you will use without doing this research may put you in a difficult situation in the coming days. Do not go under the burden of payment that you can never handle. First of all, after determining your needs in detail, calculate the monthly loan amount you can say. So you can have any car you want comfortably.