Motor Vehicle Loans
GarantiBank motor vehicle finance loans come with highly attractive terms.
Features
- Turkish lira or FX-indexed motor vehicle loans are available on terms of up to 48 months.
- In addition to their highly advantageous interest rates, you can also specify a payment plan that suits you best.
- Loan applications are responded to in a minimum amount of time.
- The vehicle that you purchase is sufficient collateral for your loan.
- If the car you're going to buy is brand-new, up to 80% of the total cost (including VAT and SCT) may be lent.
- In the case of 2nd-hand cars, the vehicle must not be more than five years old. Up to 70% of the notarized bill of sale may be lent for vehicles up to three years old and up to 50% of the notarized bill of sale for vehicles in the three-to-five year age group. In both cases, a cosigner is also required.