Car Loan: Are Automotive Banks Worth It?

In recent years, more and more car companies have partnered with special car financing banks (Volkswagen Bank, CA Auto Bank, etc.) to make it easier for their customers to buy the car of their dreams.

But you might be wondering why you should choose an automotive bank for your car financing and not one of the well-known financial institutions?

Why choose an automotive bank?

The answer has two parts:

  • Many times car manufacturers offer financing programs that include benefits such as insurance, warranty and service of the car you choose, and
  • Most of the time, the interest rates offered by car companies are more enticing.

To help you get the car of your dreams on the best terms, we've gathered the car manufacturers' financing programs below with all the necessary information about each.

Automotive financing programs

#1 Volkswagen Programs

  • Classic Credit : Financing program of equal installments, with a fixed interest rate. More here .
  • Auto Credit : Balloon financing program, with fixed. More here .
  • Flexy Credit : Financing program for clients with a seasonal occupation, with fixed and 15% down payment. More here .
  • Used car financing program : Fixed interest rate and 15% down payment. More here .

#2 Mercedes-Benz Financial Programs

  • Green Credit : Loan for an electric smart, with an interest rate of 6.9% and a duration of up to 84 months. Down payment from 0%. More here .
  • Welcome: Loan for an electric smart, with an interest rate of 7.9% and a duration of 36, 48 or 60 months. Down payment from 35%. More here .
  • Green Credit for businesses : Loan for an electric smart, with an interest rate of 7.9% and a duration of up to 84 months. Advance payment from 10%. More here .
  • Green Credit : For electric Mercedes-Benz, with an interest rate of 6.9% and a duration of up to 84 months. Down payment from 0%. More here .
  • Welcome: Buy a Mercedes-Benz, with an interest rate of 7.9% and a duration of 36, 48 or 60 months. Down payment from 35%. More here .
  • Star Credit : Buy a Mercedes-Benz, with an interest rate of 8.9% and a duration of up to 84 months. Down payment from 0%. More here .
  • Standard: Mercedes-Benz purchase, with an interest rate of 9.9% and a duration of up to 84 months. Down payment from 0%. More here .

#3 BMW Programs

  • BMW ALL INCLUSIVE: Buy a BMW with a duration of up to 48 months and a down payment of 10%. More here .
  • BMW ELECTRIC ALL INCLUSIVE : Buy a purely electric BMW, with an interest rate of 5.9%. More here .
  • BMW iFree: Buy a pure electric BMW with 0% interest. More here .

#4 Fiat Programs

Fiat purchase with CA Autobank Hellas financing, fixed interest rate and duration up to 96 months. Down payment from 0%. More here .

#5 Ford Program

Programs by model, for new Ford cars and with an interest rate from 2.99%. Duration from 12 to 84 months, with a down payment of 15%. More here .

#6 Toyota Program

  • TOYOTA EASY : All Toyota vehicles with an interest rate of 8.9%, a term of 6 to 84 months and a down payment from 0%. More here .
  • TOYOTA FLEX : All Toyota vehicles, with an interest rate of 7.5%, duration of 36, 48 or 60 months and a down payment of 30%. More here .

Disclaimer: The information in the article is intended solely to inform interested parties about savings options, without constituting a transaction proposal with the mentioned providers and does not have the character of a recommendation or advice. The author of the article and the administrators of this website bear no responsibility for related services of the listed service providers. In any case, we recommend that you refer to the official websites of the providers of the relevant services, before possibly making relevant transactions, because there may have been changes both in the mentioned services/benefits, and in the related fees.

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