2009 was also a year of crisis for car loans. No one can be sure that the car rental market will move up in 2010, but there are very encouraging signs.
Car loan market is constantly changing
The year 2009 marked a low point in car sales, which we hope will never again fall short of the car rental business, as it has never before seen such a decline.
If we say that the car loan market is constantly changing, then this statement is all the more true in the current situation. The 60% drop last year (with far fewer new cars on the market) has shaken the car loan market, only the biggest have ever been able to survive. This is true for car manufacturers, salons or credit brokers. If possible, credit intermediaries were even more aware of the crisis. While before 2009, 80% of the cars were bought on credit, last year’s crisis sentiment – we can safely panic – only 60% less cars were bought by car owners with 60% less car loan.
Hardly aware of the best car loan terms
Of course, banks need to take action in this situation: if they want new customers, they need to change their lending strategy, reduce interest rates, and improve terms and conditions. Since you are hardly aware of the best car loan terms, we have collected the best loans on the market.
When presenting car loans and other car-related loans, we definitely need to start with a traditional car purchase loan. These car loans nowadays offer low interest rates, long maturities, can be borrowed in USD or francs, and you can buy a car for up to 12 years with only 20% self-financing.
The situation is similar with bank loans to listers. Although borrowing as a member of the former list may be difficult, our company is there to help those who want a car in such cases. As a member of the blacklist, you no longer have to worry about not getting a loan. If you turn to us, we’ll help you make money.
Special credit facility that is not even a real car loan
A special credit facility that is not even a real car loan, but rather a mortgage, a car-covered quick loan. We recommend it instead of a personal loan because it offers much better terms than a personal loan – both when you want to take it out and when you want to pay it back. Instead of a personal loan, the recommended loan is that you charge your car (which you own), it will be a mortgage that will transfer 80% of its value to your bank account in the form of a quick loan. You can include your 12-year-old vehicle and, of course, here you can pay in francs or USD.
And what makes borrowing the best? If you don’t have to queue, look at websites or flyers, you’ll find the credit you want in no time. The car loan calculator can help you do this in a simple and effective way: you just enter how much money you want to borrow for a car purchase or even a car-covered quick loan, then you specify the maturity and the car loan calculator calculates how much your loan will cost. You can then freely calibrate the car you want to add.