Car loan comparison

Compare car loans

Compare financing offers from many banks for the car you want. One request, all conditions, no impact on your credit score.

Instant approval via account check

Connect your bank account once instead of uploading payslips. Some banks give a rate advantage for it.

Payout within 24 hours

With an instant loan you verify your identity by video and sign digitally. The money reaches your account within 24 hours.

No impact on your credit score

Every request is a conditions request. It does not affect your SCHUFA score, no matter how many offers you look at.

Car loan calculator: compare rates and interest

Enter loan amount, term and purpose. The calculator shows the monthly rate and effective annual interest of all matching banks, sorted by rate.

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Financing a used car

Most banks finance a used car like a new one: same interest, same terms, no surcharge for the age of the car. What counts is your credit standing, not the model year. With the purpose "used vehicle" some banks even offer better conditions than for a free personal loan, because the car serves as collateral.

Check the vehicle before you finance it. The free used car check shows accident damage, recalls and the market value, and hands purchase price and term straight to the car loan calculator.

Go to the used car check

How the financing works

From comparison to payout in four steps. With an instant loan this often takes only a few hours.

1

Compare

Enter loan amount, term and purpose. The comparison sorts the offers by effective annual interest rate.

2

Request without credit-score impact

Provide details about yourself, your income and expenses. The conditions request goes to all matching banks. The offers come back to us and we contact you afterwards.

3

Connect account and verify identity

With the account check the bank reviews your transactions of the last 90 days. Then video identification and digital signature.

4

Payout

With an instant loan the money is in your account within 24 hours. With uploaded documents it takes a few days.

Frequently asked questions about car loans

Does the request affect my SCHUFA credit score?
No. Every request in the comparison is a conditions request. SCHUFA does not store it as a loan application, your score stays unchanged. Only when you sign a contract does the bank report the loan to SCHUFA.
What is the account check and what does the bank see?
With the account check you connect your salary account once via Tink, a provider licensed by the German financial regulator BaFin. The bank sees the transactions of the last 90 days and checks income and expenses automatically. You do not need to upload payslips or bank statements. The account check is required for the instant loan, and some banks give a rate advantage for it. Access is one-time, the report is valid for 30 days.
How fast is the money in my account?
With an instant loan using account check, video identification and digital signature, the bank pays out within 24 hours. In practice only a few hours often pass between request and contract. If you upload documents or verify your identity by post, it takes a few days.
Which income do I have to enter?
Your monthly net income, meaning the amount that reaches your account after all deductions. If your income varies, enter the lowest net income of the last three months. A value that is too high is the most common reason for rejection during the bank review, because the bank compares your entry with your account transactions.
Which documents do I need for a car loan?
With the account check usually only your ID for identification. Without it, banks ask for payslips of the last months, bank statements and your ID. For a vehicle financing the bank also asks for vehicle data, for example from the purchase contract or the registration document.
What is a balloon payment and is it worth it?
With a balloon financing you pay low monthly instalments during the term and a larger remaining amount at the end. The balloon payment is 33 to 60% of the purchase price, the term is at most 60 months. At the end you pay the balloon, refinance it or sell the car. The model fits if you only want to drive the car for a few years. If you keep the car for a long time, full repayment is usually cheaper.
Can I repay the loan early?
Yes. You can make extra repayments at any time or repay the loan in full. The bank may charge at most 1% of the remaining debt as early repayment fee, 0.5% if less than one year of the term remains. Many banks waive the fee entirely. In the comparison you can filter for free extra repayment and free full repayment.
Can I get a car loan as a self-employed person?
Yes, some banks in the comparison finance self-employed people and freelancers. Use the filter for self-employed. Banks usually ask for proof such as tax assessments or a current business evaluation. The account check speeds up the review here as well.
Can I withdraw from the loan contract?
Yes. You can withdraw from the contract within 14 days after signing without giving reasons. Money already paid out has to be repaid.

Transparency

Loans are brokered by Autosiastik Software GmbH, licensed under § 34c of the German Trade Regulation Act (GewO), in cooperation with PROCHECK24. The comparison is free for you. The comparison is available in German only.

Questions about financing?

We are happy to help with questions about the comparison or the loan request.

Contact us