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Alpha Car

Have you dreamt of it? It’s already parked!

Choice between Fixed or Fluctuating interest rate

Maximum repayment period of 7 years

Comprehensive insurance discount

Loan approval in 24 hours

Buy the car you want today with the Alpha Car loan and benefit from a minimum down payment of 10% for a new car or 20% for a used car plus loan approval in 24 hours.

What are you waiting for. Get your own car now!

 

  • Maximum loan amount up to €50.000 for a new car and up to €20.000 for a used car
  • Financing up to 90% for a new car and up to 80% for a used car
  • Maximum repayment period up to 7 years for a new car and up to 5 years for a used car. In case the age of the used car does not exceed 3 years, the repayment period can be up to 7 years.
  • No Cost for Early Full or Partial Repayment after the 1 st month from disbursement.
  • Discount on the comprehensive insurance of your car with Altius Insurance as follows:
    • 30% in the first year
    • 10% for the remaining years of the insurance coverage
  • Free opening of an Alpha 100 account
  • Issuance of an Alpha Bank Enter Mastercard debit card  
  • Free entering of standing orders (provided they are entered at the time of opening the account)
  • Free connection to Alpha e-Banking
  • Pledging of financed car
  • Assignment of comprehensive insurance policy for the financed car
  • Any other guarantees that may be required by the Bank
  • Fixed interest rate for the whole duration of the loan. The rate is determined according to the customer’s contribution
  • Fluctuating interest rate: Consumer Loan Base Rate (CLBR) plus margin. The percentage rate of the margin is determined according to the customer’s contribution
  • For the purchase of New eco-friendly vehicles, a discount is also offered:
    • 0,30% discount on the fixed interest rate/ on the percentage rate of the margin on fluctuating rate for electric vehicles
    • 0,20% discount on the fixed interest rate/ on the percentage rate of the margin on fluctuating rate for:
      • Hybrid vehicles
      • Twin-propulsion vehicles (i.e. a vehicle propelled by two energy sources, e.g. natural gas, Liquid Petroleum Gas, liquid fuels combined with electricity)
      • Vehicle with carbon dioxide emissions of less than or equal to (≤) 75g CO2/km.
  • Learn more about the interest rates, any fees and charges and the Annual Percentage Rate of Charge (APRC) here.
The consumer has the right to withdraw from the loan agreement within 14 days from the signing thereof or from the date of receiving the terms of the loan agreement, in case such date is subsequent to the date of signing of the agreement.

Lending Rates and Charges

Information regarding interest rates, any other charges and the Annual Percentage Rate (A.P.R.), using a representative example.
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