What is auto credit?

Whether new or used, auto credit allows you to finance your new vehicle today.

Taking out an auto loan allows you to buy the car you need without having to wait until you've put enough money aside.

This prevents you from imbalancing your budget or forcing you to dip into your savings.

There are two types of auto loans that allow you to finance your car:

1. Affected auto loan : this is the most common auto loan. It is only dedicated to the purchase of a vehicle and cannot finance other projects.
2. The personal auto loan : it is a personal loan for which you do not need to justify your purchase.

Advantages of the online auto loan

Many French people choose to finance their car with a loan.

Here are the advantages of taking out a car loan online:

• Finance your car quickly without dipping into your savings.
• If the sale of your car is canceled , the credit is canceled (with the auto credit assigned).
• If you do not get your credit , the sales contract is null and void (with the auto credit affected).
• The monthly payments for a car loan are fixed, which allows you to plan your repayment in advance.
• The whole procedure is done online . No need to come to your banker.

How the car loan works

The auto loan is for anyone who wants to buy a new or used car on credit.

Here is how auto credit works.

The amount of the car loan can range from € 3,000 to € 75,000 .

The duration of a car loan is generally between 4 and 84 months .

The amount you can borrow depends on:

1. Of your income
2. The rate of your credit
3. Of its repayment term

Online car loan simulation

It is simply because this tool allows you to pay your car loan less.

How? 'Or' What ?

By comparing for you and in just two clicks the most advantageous credit offers on the market.

You too certainly want to benefit from this online tool so popular with future borrowers.

It's simple: go to the top of this page and run the simulation.

You will be able to sort the car loan offers according to the criteria of your choice and find the cheapest car loan on the market .

How to get an auto loan

To take out a car loan, you must follow a series of steps before you receive the funds:

1. Compare car loan offers online using our auto credit simulator at the top of this page
2. Complete the online application forms
3. Send supporting documents  by email
4. You receive an answer in principle  by email
5. Your file is processed by the credit organization
6. If your request is accepted by the bank, you will receive the personalized quote without obligation by email or mail
7. Return the signed credit report  from the bank
8. Borrowed funds are transferred to your bank account

Choose your car loan online

It's normal.

Why pay too much when you can compare the most advantageous credit offers using an auto credit simulator (at the top of this page)?

The auto loan simulation allows you to find cheap auto credit offers.

To choose your car loan, use these parameters:

• The APR (Annual Global Effective Rate) as a benchmark and comparison. It represents the total cost of credit.
• The duration of the credit . The auto loan is cheaper if it is repaid over a shorter period but the monthly payments will be higher. And vice versa.
• The amount of monthly payments . Determine the amount that will allow you to integrate the monthly loan payment into your budget without falling into the red.

What to know before taking out a car loan

Before accepting any auto loan offer, remember that:

• Like any credit, auto credit is a debt that you must repay
• The total cost of your car will be higher than if you bought it with cash
• The affected auto loan is more secure than a personal auto loan because the credit can be canceled if the sale or delivery does not take place
• The law provides for a period of two weeks after signing for you to retract
• It is important to read your contract carefully and check the mandatory information (car model, identity of the signatory parties, terms, etc.)