For foreigners with residence permits B, C and G, the credit requirements do not differ significantly from those for Swiss citizens. Regular income is a basic requirement for both foreigners and Swiss citizens. Get your balance for cross-border commuters in Switzerland with just a few clicks! You live in Germany, Liechtenstein, France or Italy and work in Switzerland? Do you have projects, but you need financial support to get them? Car loan “Calculate now for free and without obligation your interest rates with the car loan comparison for Switzerland Online.
Unlike the leasing business, you are the owner of the vehicle.
Unlike leasing, you are the owner of the vehicle. Your advantage: You receive a favorable interest rate and fixed monthly installments. With the car loan also repair costs and accessories can be paid. Your monthly rental price depends on the price of the vehicle, the down payments made, the exchange, the duration, the mileage and the replacement value. They are the owner of the vehicle compared to the leasing business.
You can cover as many kilometers driven as you want, there is no maintenance and also the comprehensive insurance is not mandatory. This has the big advantage that you can pay off your vehicle in monthly installments and have not paid off the entire purchase price at once.
Various advantages of car loans to the leasing business
The car is one of the biggest purchases. However, if the necessary financial resources for the immediate payment of the car fail, only financial support is possible. There are basically two ways to get a new car: leasing and car loan. Leases are carried out by the producer or by the importers and often entice with low rates.
Car loans are given by many banks and financial institutions. Although interest rates seem somewhat elevated at first glance, the effective spending on most car-drivers is significantly lower. Below is a brief overview of the possibilities of a car loan. You can request a car loan from us and then use the money in your pocket to find the best conditions for car dealers.
Often you can make cheap deals with the cash payment through the car loan and join in the short term. You are economically dependent on the car dealer and can limit yourself to looking for the right vehicle at the best rate. If you finance your vehicle with a loan, you become the owner of your vehicle, it is your property.
This is not the case with the rental. The rental car is the property of the house bank for the entire duration of the contract. You only have the right to use it for a certain period of time and for certain kilometers. You get offspring, need your own car for material transport at the new location, move into a city apartment without parking space, learn a life partner with a car but only one car knows, goes abroad for a year or gets a company car.
In all these and similar circumstances, the leasing business is suddenly very expensive because you are charged a premature termination of the lease with a high fee and unfavorable residual value requirements. With a car loan you are prepared for such changes. The car is at your disposal and you can sell it at any time and pay off the amount for free and early.
Apart from the great mobility of the car loan, it is often cheaper than the leasing alternative. For example, a comprehensive insurance such as that required for leasing is not required. You can take out cheaper partial comprehensive insurance or just a car liability insurance, which can save you a lot of money every day.
With a car loan, you can easily buy a “new” used car, often with a valid manufacturer’s warranty, so you do not have to bear the impairment cost yourself. Ultimately, auto loan interest rates are much cheaper than leasing rates from a tax point of view. Interest on car loans is deductible from the taxable profit and thereby reduce your taxes. With a car loan you can keep your vehicle costs very low.
You remain mobile and meaningful to many people, the vehicle is 100% yours. For more information about loans and leasing, see our weblog on this topic.