One of the most common reasons why we decide to take a loan is to buy a car. With money you can make your dream car come true. Very often buying a new car is associated with a high cost and without the possibility of taking a loan the dream of having your own car would be almost impossible.
That’s why banks come up with car loans. Special car calculators available on the Internet allow you to find a car loan on the best terms for us. You can use the calculator to calculate the installment of the loan, as well as compare several offers to different banks and choose the one that will be the most advantageous for us.
Loans for new cars and used cars
You can take a car loan not only for a new car, but also for a used car. A loan of this type can be granted to us even if we have no own contribution. The repayment of the liability may be spread over several years. When buying a car, the longest loan repayment period is ten years. In most banks, however, repayment will be required in a slightly shorter time, especially if you buy a used car.
Purpose of the loan
In the car calculator, you need to enter data such as the purpose of the loan, the year of manufacture of the car, the price of the car, the amount of the loan for which we apply and the currency in which we want to take a loan, type of installments, as well as the loan period in which we want to repay it. Let’s check out some of the best paying car loans in 2017. When buying a car for 60 thousand zlotys, with a loan for five years for 50 thousand zlotys, One of the best offers can be found in Goodbank Bank. Here the current interest rate is 5.63%.
The best loans this year
In 2017, a loan at Goodbank Bank was announced as the best car loan. The bank does not charge any commission for granting a loan, and the current interest rate is 5.63%. Second place was also taken by the car loan offer at Goodbank Bank with zero commission and the interest rate of 6.16%. The third place went to Good Finance. The bank charges a commission for granting a loan of 1%.
It is not very big, but compared to Goodbank Bank offers it is more expensive. The current interest rate in this case is 6.17%. The new in Bank bank took the place behind the podium. The commission is equal to 1.99% and the current interest rate is 8.31%. For a bank that has been on the market recently, this is a very big achievement.