Pay a car with relatively low monthly installments, which becomes property at the end of the repayment plan. With the cheap used car financing from Sixt you can easily get more car for your money. The tailor made way to your new car. Of course, these options also apply to new and old cars and used cars! Even if you want to change your vehicle after a few years, that’s not a problem: We offer you an attractive leasing model where you pay low monthly installments and simply return the used car after the contract has expired.
Financing a car without advance payment – At the car bank
For monthly installments, the car can be gradually paid off. However, many providers require an upfront payment – this can be up to ten per cent of the purchase price depending on the offer. You have the opportunity to buy a car without having to pay a deposit. The following guide will tell you what you need to consider when paying for a car without pre-payment.
For example, if you want to pay for a new car without pre-payment, you can contact your dealer or a vehicle bank. In such a case, however, you must expect that you will not receive an unbeatable price quote. Who finances a car without advance payment, receives usually unfavorable conditions.
Another fact that increases the cost of financing without pre-payment is that you must pay interest on the entire purchase during the entire contract term. In addition, most banks only allow you to buy a car without advance payment if you have a good credit rating.
Many providers also offer here the option to waive an advance payment.
However, they have to be reckoned with increased leasing rates and generally deteriorated conditions. However, if you are a cash payer, you can take advantage of significant discounts – new cars often contain up to 20 percentage points.
The loan then makes it possible to buy a car in installments without paying an upfront payment. Can you do that with used cars? With many providers, you can not only buy or buy a new vehicle, but also a used car without any up-front. The same basic rule applies here as for new vehicles.
The purchase of a car without advance payment is only useful in very few exceptional cases. Compare the different conditions and calculate the cost to get the best price quote.