Did you know that Denmark is the most expensive country in Europe to buy a car in? Therefore, it is clear that many Danes consider taking out a car loan, as it is not always that you just have the money to finance a brand new car. Therefore, there are many who are in search of the cheapest and best car loan you can take at all.
However, keep in mind that the cheapest car loan is not always the best because the terms and conditions for taking the cheap car loan can be worse than paying a little more in the loan, but at the same time getting a lot on good terms, because of you as a borrower.
One of the best solutions you can use to apply for a car loan
Is to contact your current bank and inquire about the possibilities for a car loan there. Typically, all banks have the option to lend you money for a new or used car, as long as your finances look relatively stable and that you have no history of being a bad payer, or generally of being a bad customer in the bank. If you have your own home, which has greatly increased in value, you can also choose to take out a loan in it, to use the free value to fund your car purchase. Especially because interest rates are so low on housing today.
If you would rather take out a car loan from a private loan provider, here we have compiled a list for you, so you have a little to investigate, about private car loans.
With a car loan from Good Finance, you can borrow up to USD 400.00. At least that should be enough to finance your new car. The interest rate is 6.99%. You can fill out their loan application by clicking right here, remember you must apply with Easy ID. You cannot apply if you are a member of the RKI or the debtor register. Furthermore, you must be 23 years of age or older and reside in Denmark.
Good Credit Consumer Bank
Another good option for you is to take a car loan from Good Credit Consumer Bank. The variable rate of interest starts from 2.52% and you get an answer to your application right away. The specific figures, however, depending on which car you intend to finance. Is it new or used and what does it cost? You can do your calculation today and apply it by clicking right here.
Is it possible to finance a car if I join RKI?
Yes, you can, it can be a bit cumbersome though. However, there is a company called Finance that helps you find a car that does not require you to be registered in RKI. You can apply and read much more about their concept by clicking right here.
Cheapest and best-fixed rate car loans?
If you want to find the best and cheapest car loan with a fixed interest rate, then Good Lender Bank is a good option. Here you can choose whether the interest rate should be variable or fixed. In paying off the loan, pay no more than the cost of the interest. You can calculate your car loan at Good Lender Bank today by clicking right here and applying.