How to get your mega favorable car loan&

adminonJuly 25, 2022February 11, 2022Leave a Comment

You have your sights set on a new dream car? but at the moment you do not have enough money to pay for it completely out of your own pocket? No problem! Whether it’s a new or used car, there are usually plenty of low-cost financing options for cars. Why this is so, which credit suits you well and what you should pay attention to, you will learn here!

Your benefits at MONETOS

With MONETOS you will find your optimal car loan!
With our credit comparison you can easily find really good offers for you.
As soon as you have found a suitable credit, you can conclude it quickly and easily online.
You are not quite sure? Or do you have any other questions? No problem, our advisors will be happy to answer all your questions personally. Just call MONETOS at 0800 2233002 mo-so from 8-20 o’clock!

That’s why car loans are particularly favorable&

Good news first: car loans are earmarked for a specific purpose and are therefore more favorable than normal installment loans. Why? Earmarked means that you can only use the loan to finance your new car, not a new couch, new equipment or a new TV. To be on the safe side, the bank usually wants to receive the registration certificate part II (vehicle registration document) of your car as a pledge in order to absolute emergency (you do not pay back the loan) To be able to sell your car. This should not worry you. Because with this security, the bank can offer you lower interest rates.

So you get the right car loan&

You have already chosen your dream car? You don’t know which one is the right one for you with all the loans on offer? No problem! We have the solution for you – the car loan calculator from MONETOS. Sit on the couch and get your loan tailored to your needs. All you have to do is enter the amount, the desired term and the purpose of use. And you will receive a list with top offers.

Now to the top car loan

Compare on MONETOS

You are already interested in an offer? Then click on "continue" to learn more. You can make a free and non-binding credit request by providing your personal data.

Pay attention to the purpose! &

Choose between "used car" or "new car" and get an extra cheap loan!

❗ these two tips will make your loan even more favorable ❗

You have decided to take out a loan? Perfect. But before you finalize your loan, here are two important tips for you:

Tip: second borrower

If you register a second borrower, for example someone from the family, then the interest rate of the offer is improved. the reason is that the bank now has a greater certainty that it will really get its money back on time. You and the second borrower are both equally liable for the loan amount.

It is also advantageous if you include a guarantor in the contract. The guarantor steps in in an emergency, if the borrower, so you, the debt can not repay. The bank has a great security to get your money back. That is why it gives you favorable interest rates.

improve your credit rating: how to improve your credit score

Another factor that influences the interest rate is your creditworthiness, i.e. your credit rating. Before a loan is taken out, the bank asks for data about your payment history. Logical, they want to make sure that you will pay back the loan. So in plain language, the more positive data you have, the lower your interest rates will be.

Negative notes lower the credit rating. These are given when bills are not paid after several reminders, or the bank cancels a loan because the installments have not been paid.

A negative entry will always, z. B. In a reminder, announced.

With these 4 tips you can improve your credit rating! &

Do not overdraw your current account. It should be permanently in plus.
Always pay your bills on time.
Always pay your loan installments on time.
Use as few as possible and cancel unnecessary accounts – no matter if credit card accounts, savings accounts or current accounts.

Now to the top car loan

Compare on MONETOS

Take out a fully digital loan

You would rather hang out with your friends in your free time? Play sports or go out to party? There is little time to run from bank to bank and compare loans. Why should you do that at all, when it is much easier with MONETOS?!

In order to have an overview of your finances, the bank needs information about your income and expenses. Before there was the account view, you had to send these documents laboriously by mail. With the account view you grant the bank a a one-time view of your online account statements. This feature saves you days to weeks and you have your money mega fast!

You only need to log in once to grant the bank access. Don’t worry, the account view is ultra safe for this purpose. If the bank is satisfied, nothing stands in the way of the loan. So you’re on the straight to your new dream car!

You have an approval for a loan at the bank? Perfect. Then you only have to identify yourself. you don’t want to go to the post office bank? Long queue and crappy opening hours! No problem, also this step goes online. With the videoident you can do it by videocall. So all you need is a smartphone, tablet or laptop with a webcam, and a valid passport or ID from you and of course yourself.

You’re about to get it! the final step is of course your signature. Even that is fully digital. You can simply sign the credit agreement on your smartphone or your ipad. The digital signature replaces the signature, you usually handwrite under a contract.

And ready! All steps have been taken. And everything 100% online! As soon as the money is there, it’s time to get off the sofa and get to work your new car.

➡️ that’s why the loan at the dealership is TOO EXPENSIVE

The dealer or. Car dealer has offered car financing with low interest rates? You want to drive off in your car right away? Now it is briefly nen cool head keep. What looks like attractive financing at first glance could look quite different when you take a closer look.

Imagine you buy a car for 20.000 euros. The dealer offers you financing for the car – with 1.2 percent interest. However, because of the favorable interest rate, the dealer is not willing to depress the purchase price of the car. Now you have to pay attention. For many dealers offer a cash discount. So if you want to spend all the money, in that case 20.000 euro from the bank you can pay the car immediately and get a fat discount for it!

The car dealer probably does not expect such a young buyer to have saved enough money to pay cash. But he didn’t think about the fact that you can use your smartphone to carry out a free credit comparison at MONETOS in no time at all. There you will find another bank that would give you the money for 1.5 percent. Use a car finance calculator to see what your costs would be. The comparison will show you this result:

From one end of tokyo to the other in just ten minutes: that’s what the sky drive company wants to make a reality with its flying cars.

This is how the Sky Drive company envisions the future of the car

This is how the company sky drive envisions the future of the car.

First of all, however, the aircraft are to be used commercially as air cabs.

this summer they will be tested completely for the first time.

A company in japan has announced plans to test flying cars for the first time this summer.
These are battery powered and have four propellers.
They should make it possible to fly from one end of tokyo to the other within ten minutes.
The company wants to commercialize its "cars" as early as 2023.

Flying cars sound like something that exists only in sci-fi movies or future projections. But the japanese government sees it differently. As the "japan times" reports, the company sky drive, with the support of the government, has been working for some time on the production of flying means of transport that can accommodate individuals or small groups.

the newsportal calls the invention a "mobility revolution. In fact, sky drive CEO tomohiro fukuzawa believes that by 2050, everyone in tokyo will be using this type of flying transportation to get from one end of the city to the other in just ten minutes. the japanese government is even planning to the point where sky drive’s means of transportation could be commercialized as early as 2023.

Fits in a parking lot

In fact, sky drive is not the only company trying to build flying cars. around 100 such projects are currently underway around the world, including companies such as boeing, airbus and uber. But the flying cars that sky drive has unveiled are much smaller than any of the previous projects and are even designed to fit into a conventional parking space.

Instead of tires, sky drive’s "cars" have four propellers mounted underneath the capsule that holds the passengers. The "car" is also battery powered. With this equipment, it is theoretically possible for the drone-like machine to fly up to 100 kilometers per hour. For the first time, such a prototype was unveiled last december.

Air cabs

This summer, the means of transport are to be fully tested for the first time. Subsequently, the sky drive CEO can imagine that commercial use of the machines could come relatively quickly. "we have in mind to soon launch a kind of air cab that can take people from one place to another in big cities."according to fukuzawa, the cabs should initially be used exclusively over water, as it is still too dangerous to fly over large crowds of people.

In the longer term, the company’s goal is to have sold at least 100 aircraft by 2028. Each model costs as much "as an expensive car".

If you subscribe to digital push, you’ll be kept up to date with news and rumors from the world of whatsapp, snapchat, instagram, samsung, apple and co. Informed. Also get alerts for viruses, trojans, phishing attacks and ransomware first. Next, there are tricks to getting more out of your digital devices.

Here’s how: install the latest version of the 20-minute app. Tap "cockpit" at the bottom right, then "settings" and finally "push messages". At the point "topics" you tap "digital" – et voilà!

The convertible is too impractical or the small car is no longer big enough for the family – if you want to sell a financed car, there are a few things you need to consider. With an earmarked car loan, the car remains the property of the bank during the repayment period. We show you how best to proceed with the sale.

The type of financing affects the sale of the car

When it comes to car financing, there are different options that have an impact on the subsequent sale of the vehicle:

earmarked car loan

In the case of a loan with the intended use "car/motorcycle", the money may only be used for the purchase of a vehicle. The conditions for this type of loan are often more favorable because the car or motorcycle serves as collateral. Through the so-called security transfer of ownership, the vehicle becomes the property of the lending bank, but you can use it freely. The vehicle registration certificate (Zulassungsbescheinigung II) often serves as proof of ownership. The bank receives this as collateral. If the loan is paid in full, you get the document back.

Credit without earmarking

In the case of a loan without earmarking, the money can be spent as you wish. Whether only for the car or also for other purchases – you decide. If you buy a new vehicle from it, it is immediately your property, the registration certificate II remains with you from the start. This is definitely advantageous if you want to sell your financed car.

How to sell my financed car?

Whether and how well a financed car can be sold depends, among other things, on the type of financing used. If your loan is not earmarked, you can simply advertise the car or sell it to a dealer. However, the matter becomes somewhat more complicated if you use an earmarked car loan. If you have the registration certificate II in your possession, the sale is also relatively uncomplicated. However, if the vehicle title is held by the bank, an agreement with the lender is required so that the sale can be completed.

Can you sell a financed car with a transfer of ownership by way of security??

First contact your bank and inform them of your intention to sell the vehicle. Ask about the current status of your loan – as soon as you sell the car you financed, you will have to pay off the balance. You would like to sell your financed car despite the transfer of ownership by way of security? These four options are available:

Some banks agree to release the car title early in exchange for a pre-contract with the new owner. When you sell it, you can give it directly.

the buyer can take over the existing financing after consulting the bank. After the sale, the new owner pays the monthly installments. However, the bank can reject this option if it has concerns about your creditworthiness, for example.

If your vehicle still has enough residual value to cover the outstanding loan amount, it is best to set the price a little higher. So you still have room for negotiation. If the car is worth less or brings in less, you have to pay the difference out of your own pocket. If you do not have the financial means to do this, you can reschedule the existing loan to another loan. Be sure to inform the buyer that you are selling a financed car – after all, he will not receive the registration certificate II until after the sale, once you have settled your loan.

At some dealers you can return a financed car and finance a new one. That makes sense if you have to exchange your sporty two-seater for a family-friendly station wagon, for example. If it is priced right, the financing simply remains in place or can be increased by the difference to the price of the new car. If you sell your financed car in this way, there will be no high additional costs.

That’s why car loans are particularly favorable&

So you get the right car loan&

Now to the top car loan

❗ these two tips will make your loan even more favorable ❗

improve your credit rating: how to improve your credit score

With these 4 tips you can improve your credit rating! &

Now to the top car loan

Take out a fully digital loan

➡️ that’s why the loan at the dealership is TOO EXPENSIVE

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