This is how you get a loan

Car banks founded by the manufacturers, independent car lenders and of course many other banks. A car loan is even offered by the Lite Lender. See for a summary

Here the banks have recognized the signs of the times and also want to get some of the cake. It is still the case that 80 percent of Germans take out a car loan when they buy a car.

The supremacy of car banks is crumbling

The supremacy of car banks is crumbling

In the 1990s, the auto banks of the manufacturers experienced a real boom. In the meantime, however, consumers have recognized that it is not only important to take out a cheap car loan at low interest rates, but that it is even more important. So it happens that the Lite Lender can also be an alternative. In any case, the Lite Lender car loan makes it more flexible and offers the opportunity to act like a cash payer at the car dealer of choice.

Why cash payers enjoy advantages

Why cash payers enjoy advantages

You are not really a cash payer with the Lite Lender car loan, but at least for the car dealer it looks like this. This is enough to have better chances of a high discount in the negotiations about the vehicle price. The reason for this is that cheap car loans have to be subsidized by the car banks, including by the dealer, because they serve to promote sales. A dealer who has to contribute 1,000 USD or more to the low interest rates that the car bank grants the customer is not necessarily willing to give the customer a particularly high discount on the vehicle price.

The situation is completely different when customers come to the dealership with the Lite Lender, choose a car and then only negotiate the price. There is easily ten percent or more of discount here. Those who skilfully line up get more discounts than the car loan Lite Lender costs, so that the bottom line actually works.

What the car loan from the Lite Lender is suitable for

What the car loan from the Lite Lender is suitable for

  • For the purchase of new and used cars
  • For all vehicle models for purchase from car dealers and private individuals
  • For cash payers who want to negotiate discounts

The savings banks promise quick and unbureaucratic processing for the car loan, no hidden costs, the immediate availability of the money and low installments thanks to freely selectable terms.

The car loan Lite Lender and its advantages

The car loan Lite Lender and its advantages

If you already have your dream car on your screen and are only looking for cheap financing, you should take a closer look at Lite Lender. A classic installment loan on favorable terms, with which both new and used cars can be financed. If you want even more, you can take out cheap car insurance from the Lite Lender.

Make a loan comparison

Make a loan comparison

Although the savings banks offer is very attractive, consumers should never take advantage of the first best offer. Only if different loan offers are compared with each other can you find out whether the loan is really cheap. Since a car loan is usually about a higher amount, it is worth comparing different offers and then saving on interest. A free credit comparison on the Internet, on a comparison portal is easy to do and brings the best results.

In any case, a car loan from the third-party bank is usually the better solution, even with a higher interest rate, because the dealer gives a higher discount for a “cash payer”.