Loan to buy or repair a car
Start your journey with Bondora
Start your journey with a Bondora loan
Thinking of buying a car, motorcycle, or boat? Buying or repairing a car is one of the most common reasons why our customers take a loan with us.
No collateral is required, and you can choose a repayment plan that fits your budget. And the vehicle is yours from the beginning – there’s no need to use it as security.
A car loan can support your plans in a responsible and flexible way.
Take the next step at your own pace. Start your application whenever you’re ready.
In your seats, ready, hep!
Why choose a car loan from Bondora?
No collateral needed
Flexible repayment options
Start your renovation right away
You’ll get a response after we’ve reviewed your application
If approved, the funds are transferred to your bank account
Car loan
Looking to buy a car? There are various financing options available to help manage the cost. A personal loan can be used to finance a car purchase, but it’s important to carefully review the terms and conditions before making a decision.
Car loan prices and interest rates can vary significantly, so take your time comparing offers and ensure the loan suits your financial situation.
Remember to assess the total cost of credit and repayment terms before entering into any agreement. By understanding the full picture, you can find a car loan that fits your finances and keeps you in control.
Where to get a car loan – and what to consider
Thinking about buying a car but need financing? A car loan can help you manage the cost, and there are different options to choose from. Loans can be either secured or unsecured. Banks typically offer secured car loans, where the car itself serves as collateral. If you’re buying a used car, especially from a private seller, an unsecured personal loan might be a more flexible option.
There are many providers offering car loan options online. But before applying, it’s important to compare the terms carefully. Look beyond the interest rate: check for any additional fees and assess the total cost of credit over the loan period. This helps you find a car loan that fits your budget and financial goals.
Loan calculators can be useful for estimating monthly payments, but be sure to read the full terms before signing any agreement. Comparing car loan offers can help you choose the most affordable solution for your needs.
The loan amount you need will depend on the price of the car, your available savings, and whether you plan to make a down payment. Some lenders may finance up to 100% of the car’s value, while others might offer less. Repayment periods also vary by lender, typically ranging from 1 to 15 years.
Car dealerships may offer their own financing solutions, but it’s worth reviewing the details. Some may include extra costs, such as setup or account management fees, which increase the overall loan cost. That’s why it’s a good idea to compare offers and focus on the total cost and not just the monthly payment.
Collateral-free loan for a car from Bondora
Looking to finance a car purchase? Bondora offers unsecured personal loans that can also be used for buying a car – whether new or used. You can purchase the vehicle from a dealership or a private seller, and you don’t need to use the car as collateral.
Our loan terms are clear and easy to understand. Before deciding, it’s important to compare your options, assess the total cost of credit, and choose a repayment plan that fits your financial situation. Our loan calculator can help you estimate a monthly payment that works for your budget.
You can choose a fixed monthly payment that stays the same throughout the loan term. In certain cases, payment-free months may be available, where you only pay interest. If your financial situation allows, you can also make extra payments or repay the loan earlier without penalties. Loan terms range from 12 to 120 months, depending on the amount and your repayment ability.
To apply for an unsecured loan from Bondora,
you’ll need to:
You can start your application online. Just register, fill in the application form, and review the available loan offers. Before signing the agreement, you’ll need to verify your identity. Once that’s done, the process moves forward.
Your questions, answered
You can view all our transparent fees on this page. If you take a loan with us, you will see a clear description of your fees before signing the contract.
Simply add the money required for your monthly payment to your Bondora account before the payment due date.
You can make ad hoc payments from your internet bank, or set up a standing payment order.
Yes, and there are no extra costs for early repayment. You can do partial or full early repayments of your loan.
You can get a small personal loan ranging from €100 – €20000. However, because the loan amount is calculated based on your unique financial situation, please submit an application to see exactly what amount you could qualify for. Tip: Getting an offer doesn’t mean you have to take the loan.
Founded in 2008, Bondora Group has grown into an international company of about 200 employees. Today, we can proudly call ourselves one of Europe’s most established fintechs specializing in loan and investment products.
For more than 17 years, our customers have chosen us as their trusted loan partner across various EU countries.
Customers’ information is kept private and confidential on secure servers. We have a host of safety measures that comply with legal requirements and help safeguard our customers’ information, such as AML & KYC processes, consumer protection, data protection, and online verification.
Our lending activities comply with local legislation, good practice, and responsible lending principles.
Bondora AS, which belongs to Bondora Group, operates as a Licensed Credit Provider and is supervised by the Estonian Financial Supervision and Resolution Authority. In Finland, we operate through a branch that the Finnish Financial Supervisory Authority supervises. We also have an operating license in Latvia, supervised by Consumer Rights Protection Centre (Patērētāju tiesību aizsardzības centrs).
