Private car financing
As a private individual you can also buy a passenger car from Eurocars without having to pay for it in one go. You then essentially buy the passenger car on installment basis, whereby you borrow the required amount of money from the financing company and then pay it off every month. This way you are immediately the economic owner of the passenger car.
How does car financing work?
When you buy a vehicle with private financing, you are essentially buying a vehicle on installments. This means you are the direct economic owner of the car, but the leasing company remains the legal owner during the agreed lease term. At the end of the lease contract, you are the full owner of the vehicle.
With private financing, the monthly amount depends on the term, interest rate, purchase price of the vehicle and any down payment and/or final term. This means that you can determine the amount of the monthly amount yourself.
For private financing, we only inform you about this. We emphatically do not provide advice, so you can choose which form of financing suits you.
Why privately finance my new car?
Private financing has several advantages, including:
- You pay a fixed monthly amount
- Determine the monthly rate yourself
- Payment in installments possible, so that you do not have to make a large investment at once
- Directly the economic owner of the vehicle