Car loan calculation

Consumers are increasingly relying on Car Business for car financing as it offers favorable interest rates (currently 4.9% APR).

The advantage of buying a car is above all the fact that the car dealer can be paid directly and thus the consumer usually receives a much larger discount for his desired vehicle.

The car dealers offer their own financing , but they have a trick. The financing is often offered from 0% to 4%, but then the buyer receives a worse discount, as these low interest rates are easily factored into the car price. If, on the other hand, the buyer finances his car separately, the car dealers use different discount levels (which they would not say, but they do).

How much does Car Business cost?

Example calculation Car Business: Vehicle price 10.000 Euro

156,00 euros monthly 96 Duration in months 5.99% APR
172.00 Euro Monthly rate 84 Duration in months 5.99% APR
192.00 Euro Monthly rate 72 Duration in months 5.99% APR
223.00 Euro Monthly rate 60 Duration in months 5.99% APR
267.00 Euro Monthly rate 48 Duration in months 5.99% APR
347.00 Euro Monthly rate 36 Duration in months 6.99% APR
497.00 Euro Monthly rate 24 Duration in months 6.99% APR
940.00 Euro Monthly rate 12 Duration in months 4.90% APR

Example calculation Car Loan: Vehicle price 25,000 euros , down payment 5,000 euros

315.00 Euro Monthly rate 96 Duration in months 5.99% APR
344.00 Euro Monthly rate 84 Duration in months 5.99% APR
386.00 Euro Monthly rate 72 Duration in months 5.99% APR
445.00 Euro Monthly rate 60 Duration in months 5.99% APR
535.00 Euro Monthly rate 48 Duration in months 5.99% APR
696.00 Euro Monthly rate 36 Duration in months 6.99% annual percentage rate
999.00 Euro Monthly rate 24 Duration in months 6.99% APR
1.885,00 Euro Monthly rate 12 Duration in months 4.90% APR

Calculate your own!