Fast spider or family minivan? Buying the car you always wanted means to realize a dream, but it also requires a big investment. The car loan is the best solution to get what you want without worries.
Car loan with final check: what is it and who is it for?
The car loan is a type of credit, intended for consumption. This formula allows contractors to pay off the financed amount at two different times. During the first phase, the debtor reimburses the loan by means of smaller installments of constant amount. The debt is extinguished during the second phase which consists of a single final solution, the amount of which corresponds to the residual value of the loan.
Usually this type of credit is selected for durable goods with important amounts, such as cars or motorcycles. Within the contract, and depending on the agreements entered into between the parties, the car loan with a final check may include an advance payment on subscription.
The final check loan formula is aimed at:
- Individuals aged between 18 and 75;
- Individuals with demonstrable income;
- Consumers used to change cars frequently, for pleasure or for work.
Car loan with final check: the advantages
Opting for a car loan with a final check has several advantages, the most obvious of which is to be able to purchase a good with a considerable value, repaying it initially in small installments. Unlike traditional financing, in fact, the installments envisaged by this type of credit to consumers make it necessary to sustain significantly lower installments in the first instance. The residual amount of the loan is then returned upon expiry of the contract, in a single final installment, more consistent than the previous ones.
Why contact Us?
We are the online credit marketplace that took shape in France in 2011. Our mission was immediately to develop a network capable of connecting professional and contracting investors, quickly, transparently and securely . Added to this is the convenience of applied interest rates, much lower than those offered by traditional lenders. The reason is simple: platform management costs are lower than those needed to support traditional financials. Today, we are at the service of Italian and European clients, who can take advantage of its innovative formula. Find out how it works and enter the world of car loan through us.