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Time to think about the loan

Moreover, the missing amount today can take in one of the banks are working with an auto show. And if the choice of vehicle each have their own taste, then the issue of choice of the lending bank to the buyer until the lack of experience. Motor is now increasingly offer a choice of several creditor banks. For example, when buying in "Auto International, it is possible to get a loan in one of five banks. Some banks offer a choice of several car loan schemes. First, find out in which cases possible to buy a new car with bank auto loans. Theoretically, there are only two conditions required to obtain credit - an initial contribution, which amounts to 25-50% of the value of the car, as well as stable and relatively high average income over the next few years (at least twice the amount that would have given bank). For example, when car financing is worth $ 10000 must immediately make almost $ 3000 payment and the order of $ 220 pay per month for 3 years with an income of the borrower not less than $ 440 a month. For a car costing $ 22,000 will pay the first installment of $ 6500 and just over 500 "bucks" a month and within three years (income not less than $ 1000). But everything is so simple only in advertising brochures. In fact, from the bank, car dealership, the brand and model of car, partner, insurance company, the identity of the borrower depends on many factors. First, the differences in the banks are dictated primarily by the car dealers. Thus, Bank Aval and "INDEX" are only official supplier of cars - such a precaution is based on reducing the risk of surgery and is associated with some features of working together.

 

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