Used car with financial support from OTP BANK: it is easier than it seems
A significant number of Ukrainian IT specialists are interested in the opportunity to purchase a used car on credit. OTP BANK JSC is ready to become a reliable partner for them and provide financial support when purchasing a car in Ukraine or on order from the USA, Europe and other countries, says an article by dev.ua dedicated to a survey conducted among IT specialists on the topic of car lending.
"According to the survey results, more than 60% of IT professionals who participated in the study, having a small budget for buying a car, would consider buying a car with mileage on credit. At the same time, 38.6% of respondents are ready to turn to the bank for financial support exclusively for a new car, even with a minimum configuration," - the publication states.
IT specialists named the key characteristics for choosing a used car: mileage, age of the car, technical condition of the vehicle, absence of accidents and equipment, as well as the integrity of the car's safety. Survey participants are looking for used cars on various platforms, and among the convenient tools for finding a vehicle, they mention the Ponova by OTP Bank marketplace, which has over 200,000 used cars available for purchase on credit.
For buyers considering the option of purchasing a used car with financial support from the bank, OTP BANK offers transparent and simple lending conditions and an individual approach. The client has the opportunity to independently choose a car from any seller or pick up a car at the Bank's partner sites and contact OTP BANK for financing. A convenient bot will help you determine the personal amount of a car loan in one minute, and the Bank's specialists will provide detailed advice and select a convenient term and amount of monthly payments.
Among the advantages of such a tool:
- no collateral and mandatory CASCO insurance
- no restrictions on the age and mileage of the car
- simple online calculation of the personal limit for the car
- quick processing - a decision and transfer of funds can be received within one day.
To remind, OTP BANK offers from 10,000 to 1,000,000 UAH of credit for used cars, including electric cars. The initial payment is 10% of the cost of the vehicle, the real annual percentage rate is up to 42.66%. There is a fixed interest rate for the entire financing period, and there are no hidden fees or commissions. The lending term is up to 7 years.
Becoming the owner of a new car from a car dealership with the support of OTP BANK is also realistic. The bank is ready to finance up to 2 million hryvnias. Favorable and transparent conditions are also available for those interested in purchasing a motorcycle on credit.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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