How to work it out
Your monthly payment is an annuity: the same amount every month, with more interest at the start and more repayment later. You pay a balloon payment in one go at the end.
- Purchase price: with a VAT car you finance the amount excl. VAT.
- A down payment or trade-in lowers the amount to finance.
- Term: longer = lower monthly payment, but more interest.
- Balloon payment: higher = lower monthly payment. More about the balloon payment.
Example amounts
| Purchase price excl. VAT | 48 mo | 60 mo | 72 mo |
|---|---|---|---|
| € 15.000 | € 343 | € 288 | € 251 |
| € 20.000 | € 458 | € 383 | € 334 |
| € 25.000 | € 572 | € 479 | € 418 |
| € 30.000 | € 687 | € 575 | € 501 |
| € 40.000 | € 916 | € 767 | € 668 |
| € 50.000 | € 1.145 | € 959 | € 835 |
| € 60.000 | € 1.374 | € 1.150 | € 1.003 |
With 10% balloon payment and 8,5% interest. Indicative.