New car models have already appeared on the Ukrainian market: the fourth-generation Hyundai Tucson, the updated Peugeot 3008 (including the hybrid version), the large family crossover Hyundai Palisade, and the compact city cars Hyundai Venue and Volkswagen T-Cross. The country has also received the new Hyundai Elantra and the modernized Volkswagen Passat. Sales of the Peugeot 208, Citroen C4, Nissan Juke, and other models in various price segments are expected to start soon.
The range is quite wide, and you don't necessarily have to pay the full amount for a car right away—you can use credit. However, this process is not as simple as it might seem. Those who have already dealt with car loans are familiar with the situation: the market offers many programs with different conditions, and it is quite difficult to sort them out.
PrivatBank has taken into account the needs of Ukrainian drivers and has prepared the "Car on Credit" program for the new season. It launches this month and features simple and clear conditions.
Under this program, you can take out a loan for a new car for up to 7 years, with a down payment starting from 20%. The conditions apply to all car brands. The interest rate has now become significantly lower than before. It directly depends on the amount of the first payment and the loan term. If the down payment is 50% or more, the rate can be as low as 0.01% per annum.
For clarity, you can consider the conditions with specific examples. For instance, when buying a new Volkswagen Tiguan on credit for 5 years with a 50% down payment, the monthly payment starts from UAH 10,817 (the exact amount depends on the trim level). The Renault Sandero Stepway crossover with a 30% down payment and the same loan term will cost approximately UAH 6,200 per month.
It is important to note that the agreement is formalized specifically as a loan. This means that the car immediately becomes the property of the buyer, and they can use it at their discretion. Therefore, the conditions of the PrivatBank program can be considered among the most loyal on the Ukrainian market.
In addition, special credit offers with even more favorable conditions are provided for certain car brands. More detailed information and a calculation of the monthly payment can be found on the PrivatBank website.
Citizens aged 21 to 60 with a stable income can apply for a car loan at PrivatBank. One of the key advantages of the new program is the ease of application: a preliminary decision can be obtained in just 2 minutes—both at a bank branch and via the website.
All information about the loan is always available in Privat24, where you can check the necessary data at any time.
You can pay loan payments at PrivatBank branches, through self-service terminals, or using Privat24.
You can learn more about the conditions, as well as calculate the monthly payment and the real rate, on the PrivatBank website in the "Car on Credit" section.
