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Banks are offering low-interest loans for eco-friendly cars

Banks offer low-interest loans to consumers who prefer electric or hybrid vehicles. File costs are also reduced in eco-friendly vehicle loans.

Interest in hybrid and fully electric cars running on alternative fuels is increasing in Turkey. Automotive Distributors Association data clearly reveals this situation. In the first six months of the year, the hybrid market grew at a high rate of 340%. During this period, 25 thousand 119 hybrid cars were sold. The market share of hybrids increased to 8.1%.

NO FILE COST

Electric car sales, on the other hand, increased by a record 415% to 891 units. The market share of electrics was 0.3%.
This table also mobilized the banks. Banks have started to offer special vehicle loans to those who want to own an environmentally friendly and environmentally friendly automobile. A maturity option of up to 60 months is available for low-interest “nature-friendly vehicle loans”. There are also significant discounts on file costs.

CHARGING RECHARGE IS GIFTED

According to the news of electricotomobilhaber.com, the environmentally friendly vehicle loans applied by the banks are as follows:

  • Yapi Kredi Bank’s “Eco-Friendly Vehicle Loan” is valid for both new and second-hand cars. The bank offers a discount of up to 50% in loan allocation fees.
  • Within the scope of EKOkredi, Sekerbank is giving away ₺300 worth of electricity recharge through Sharz.net. Sekerbank customers who use the loan, which also offers a three-month delay, can also benefit from the opportunity of 10% discount on their next loans.
  • TEB also provides “Electric Vehicle Loans” for second-hand vehicles other than brand new. However, the age limit for second-hand vehicles is set at five.
  • The lowest interest rate for Garanti BBVA’s electric and hybrid vehicle loan with maturities between 12 and 60 months is 1.59%.

GUARANTOR IS NOT WANTED

  • Isbank is also giving away ₺300 worth of electricity recharges at Sharz stations with the “Environmental Vehicle Loan”. It also does not charge a loan allocation fee.
  • HSBC applies an interest rate starting from 0.99% per month with the “Nature-Friendly Vehicle Loan”. They do not want a guarantor for the loan.

Source: Sabah / Translated by Irem Yildiz

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