Having an electric car has many advantages. Not only does it contribute to the care of the environment, but also a series of benefits such as tax deductions, state aid such as the Moves III plan, etc. are also acquired. However, even though manufacturing has grown and also the sale of this type of automobiles, prices remain higher than those of the Eco range (hybrids, etc.). Therefore, even with savings and state aid, many users choose to ask for green loans to finance the purchase of an electric car, assure from the financial comparator HelpmyCash.com.
For a while, banks and online financial banks offer green loans to buy electric cars. The main characteristic of these credits is its reduced interest in relation to conventional loans. However, to obtain this reduction in the price of credit, there are requirements must be met: having sufficient, stable and recurrent income, a fixed work and not having unpaid financial debts. And, in addition, in some cases, the bank will ask for the proforma invoice to confirm that it is an electric car.
Between the best offers of green loans to finance the purchase of an ECO car, there is the BBVA ecological car loan which, until December 15, offers an interest rate from 3.75% TIN (3.97% TAE) Customers with account in the entity and payroll domiciled. Banco Santander, on the other hand, has an ecological car loan so that its customers can finance the purchase of the vehicle with an interest rate from 5% TIN (5.59% TAE). Another alternative is the Green Loan of Kutxabank with a price of 5% TIN (5.59% TAE) that allows you to finance 100% of the value of the car.
Taking into account that the average interest rate of consumer loans is 7.29% TAE, in accordance with the latest data from the Bank of Spain, these loans are positioned among the cheapest to buy an electric car in 2021. No However, green loans do not have to always be the best option. For example, the online financial cofidis offers the car loan with an interest rate from 4.95% TIN (5.06% TAE), to return within a maximum period of 10 years. It is not an exclusive loan to buy ecological vehicles, but it is among the cheapest. In any case, from HelpmyCash.com recommend asking at least three credit offers and compare with the one offered by the dealer.
Since June of this year, it is possible to benefit from State Aid Plan Moves III if you want to buy an electric car at the dealership, as they are those who manage the aid. To benefit from this aid, minimum requirements should be met as to be of age, reside in Spain and have a DNI or NIE in force.
This state program subsidizes up to 7,000 euros if a vehicle is given to log and up to 4,500 euros without flattery. There is a stop in the price of the vehicle set at 45,000 euros without VAT (53,000 euros without VAT in the case of electric cars from eight to nine places). Of course, the client must pay the full price of the vehicle and, if the help request is approved, the Autonomous Community will subsequently reimburse the money to the owner of the vehicle. This may take a few months.Date Of Update: 10 December 2021, 06:55