Monthly Archive: January 2020

Car Loan – the advantageous financing of a vehicle

For your work or for your family: having a vehicle is often important, even necessary. If you wish to have a new or used vehicle, the seller will tell you the alleged benefits of a lease.

We see them differently, which is why we should examine our flexible car credit. To enable you to learn about the different aspects of the two alternatives, we compare leasing a vehicle with our online car credit. You can thus decide which is the best and best suited to your situation.


Buy or rent

car Buy or rent

If you decide to lease, know that the vehicle does not belong to you. It is owned by the bank. In fact, you only buy the right to use that car during the agreed time and for a certain number of kilometers. This means that you do not have the right to change your car.

To do this, you must have the agreement of your dealer who sold it. Only with your agreement does the car no longer belong to the bank. On the contrary, with a car loan, the car is yours from the start. You can thus sell it freely. You choose the time that you think is best to sell it.


Their obligations did not end at the end of the contract

car credit

Even if you have paid your monthly lease payments on time, a residual amount must still be paid. If you are unable or unwilling to take over, the car will return to the dealer. However, if you choose the advantageous private car loan, you will be able to pay the remaining balance, simply and discreetly. Another advantage of this alternative is that you can deduct it from taxes.


Car insurance

Since purchasing the car, you must have insurance. With a private credit, you can freely choose to take out full or partial hull insurance. In the case of leasing, it is mandatory to choose a complete hull. You should also bear in mind that the insurance of a rental car is more expensive than for a car purchased.

In the event of a total claim, the hull insurance will only pay you the commercial value of the car. You must pay the remaining balance out of your pocket. In the event of damage to the car, the leasing agent is obliged to use original parts. At the end of the contract, the garage owner will be able to bill you for any damages that are not the result of normal use.



As you can see, there are several aspects that favor private online credit. You have the possibility to calculate the various financing variants using our credit calculator.