The car is high on the list of the most popular purchases of Germans. Whether new or used car purchase – the purchase of a car is always expensive and must be well considered in most households. Such funding is very popular because it protects the budget and often makes financing possible. There are exciting news for millions of drivers. “Financing can make sense,” says Herbst.
The car is at the top of the popularity list of purchases.
The car is at the top of the popularity list of purchases. To make the gap in the household budget is not so big, the financing of a motor vehicle is a matter of course. Meanwhile, about 2 out of 3 cars in the Federal Republic are co-financed. Car financing is very popular among vehicle buyers – there are accordingly many financing options.
To whom is automobile financing aimed?
In principle, financing is worthwhile for those who do not have the equity they need to buy a car. But even if the financial budget is big enough, the financing can still be exciting. A financing rate puts a much smaller burden on the household budget than a full payment of the purchase amount.
However, it is important that motor vehicle financing must always be adapted to the individual financial situation. According to experts, no more than 15% of the monthly income should be earmarked for loans. Which vehicle types can be financed? Basically you can buy any car – new or used.
How do I finance a car cheaply?
Car dealers and banks provide vehicle finance. Before you complete a financing, you should definitely carry out the car loan offer comparison. Credit institutions and / or car dealers can calculate and evaluate different financial models. There is a comparison portal on the net where you can also calculate car financing. Often one finds financial calculator even equal on the Internet sides of the vehicle stock exchanges.
Vehicle financing and car insurance in one operation?
Many car dealers offer car financing and car insurance “from a single source”. Ie. You buy your new vehicle from the dealer of your choice. 3. He also takes over the financing and the car insurance for your new vehicle. However, financing and insurance are not necessarily cheaper.
In any case, it is advisable to set up a comparison of offers in the insurance sector as well. The easiest way is the medium of the Internet. In the insurance comparison portal, you can easily compare the premium for your new vehicle with all the well-known insurance companies and choose the best insurance offer for you. Whether vehicle financing or car insurance – comparisons are worthwhile in any case!