Bank of Moscow has introduced new terms of auto loans. Now the buyer can choose the loan amount, its duration and size of the initial fee.
Moscow Bank offers new conditions car, combines all the benefits previously existing programs. Anyone wishing to purchase a car could use a standard program car "or" Express-car "in the motor with which the Bank has concluded agreements on cooperation.
Under the" standard car buyer might buy a car domestic or foreign production. Period of loan when purchasing a new domestic car ranges from 6 months to 3 years, when buying new cars of foreign production - from 6 months to 5 years. In addition, the possibility of acquiring second-hand cars of foreign production. In this age of the car shall not exceed 5 years, and provided that at the time of the loan, it will not exceed 8 years. Credit for the purchase of a used car is valid for a period of six months to 5 years.
Size of the loan for the purchase of a car on the "Standard Program" is from 2 to 200 thousand dollars inclusive (or the equivalent in rubles or euros) . The interest rate on the loan depends on the duration and currency, and credit ranges from 9% to 11% per annum in U.S. dollars or euros, from 13% to 15% per annum in rubles.
If you buy a new car loan is granted in an amount up to 100% of the value of the car. The minimum initial contribution in the acquisition of used foreign cars - from 20%. As an initial deposit in full or in part can be accepted value of the old car, owned by the borrower (the trade-in). The loan is repaid in equal monthly installments, and may be repaid ahead of schedule.
Terms of the Express-car "differs from" standard ", above all, a minimum set of documents and the consideration of the application. Within one hour from the time of the borrower documentation, the Bank shall decide on the possibility of a loan.
Size of the loan under the program "Express-car" is from 2 to 25 thousand U.S. dollars (or the equivalent in rubles or euro). The interest rate is 10% per annum in U.S. dollars or euros, 13% per annum in rubles. The minimum initial contribution - 10% of the value of the car. As an initial contribution may be accepted value of the old car.
Source:
Kredity.Ru
