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Electric/Hybrid Vehicle Loan

Special loans for electric and hybrid vehicles are waiting for you at Garanti BBVA!

Get your Electric/Hybrid Vehicle Loan at Garanti BBVA for the electric and hybrid vehicles!

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Features and Advantages
For brand new vehicles, the proforma invoice value will be considered in personal vehicle loans. For second-hand vehicles, the insurance value will be taken into account.

For auto loans, the maximum loan term is:

48 months for vehicles priced up to 400,000 TL,

36 months for vehicles priced between 400,000.01 TL – 800,000 TL,

24 months for vehicles priced between 800,000.01 TL – 1,200,000 TL,

12 months for vehicles priced between 1,200,001 TL – 2,000,000 TL.

In electric vehicle loans, the pledge on the vehicle you purchase is sufficient as collateral. Once the loan is fully repaid, the pledge is automatically lifted from the vehicle.

Guarantors are not required for personal vehicle loan products. However, the bank may request one if deemed necessary.

For used vehicles, the sum of the vehicle's age and loan term must not exceed 10 years.

For personal-purpose vehicle loans, the maximum financing rates are applied based on the final invoice value:

Up to 70% for vehicles up to 400,000 TL,

Up to 50% for vehicles between 400,000 TL – 800,000 TL,

Up to 30% for vehicles between 800,000 TL – 1,200,000 TL,

Up to 20% for vehicles between 1,200,000 TL – 2,000,000 TL.

The payment schedule can be tailored according to your income flow.