Buying a car can be expensive. But it is often not possible to buy a car without a loan. The banks have also recognized this and offer attractive products for financing a car. This benefits civil servants and civil servants in particular, because nothing is as secure as a job with the state. For this reason, this target group is also welcome to the banks as borrowers.
Which is better – a car loan or financing from a dealer?
The car dealerships also offer car loans for civil servants. But are these offers really interesting? The car dealerships often offer zero percent financing, but if you compare the offers of the dealers with the offers of the banks, surprising things come to light. At first glance, the dealer’s offer may be interesting, but if you finance your car through a bank, you will benefit from discounts when buying a car, as these are still granted when you pay in cash. Since these can be in the double-digit range, financing through a bank is in most cases more attractive.
Civil servants and civil servants have advantages
As mentioned at the beginning, civil servants and civil servants are welcome customers. This is also noticeable in the conditions. Anyone taking out a car loan for civil servants not only benefits from lower interest rates, but also from longer terms. Also, it doesn’t necessarily have to be a car loan for civil servants. A conventional installment loan can also be used to finance a car. These are independent of the purpose and some banks, especially the online banks, do not ask about the purpose.
The credit check
Although civil servants and civil servants are given preferential treatment, the applicant’s creditworthiness is nevertheless checked. If the test is negative, a car loan for civil servants is also rejected. However, this also depends on which negative characteristics are saved. If these are not so serious, a loan with a credit-related interest rate can also be brokered. This is usually higher.