This product allows you to finance up to 100% of vehicle value , with a minimum of 5,000 euros and a maximum of 60,000 euros if you hire in office and 30,000 euros if he was hired by bbknet, while the repayment period of the debt will be up to 10 years (120 months) in both cases.
The interest rate provided from the initial 7.99% per annum, representing an APR ranging from 8.75% to 10.35% and will depend on the amount and term of contract.
Of course, keep in mind that you can access a discounted rate if you meet any of the following requirements:
- Salary paid in bbk.
- Hiring sure BBKGE protected (life and amortization of loan).
As for the commissions , the car loan is exempt from BBK study commission,and charges a fee of 1.00%.
Meanwhile, if you want to cancel the loan early, although before the commission was 3.00%, now the entity proposes a system of compensation for early repayment, according to the following schedule:
- If the remaining period between the date of redemption and final maturity is over one year: 1% of the loan repaid.
- If less than or equal to 1 year: 0.5% of the loan repaid.
It is noteworthy that never more than this amount would accrue interest until maturity.
Finally we inform you that the necessary documentation to apply for car loan bbk is the following:
- Dealer Invoice proforma
- Identification
- Payroll and income tax (for customers bbk Cash unrated)
Note that BBK is also marketing its new car BBK Credit , with which one can finance up to 70% of the value of the vehicle.
Notice that in general conditions have improved, either by the possibility of obtaining a discounted rate as in the case of early termination cost of the loan, which remains a good option to buy your car nevus.
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