Used car loan

Preliminary decision-making on lending takes 2 minutes.
Convenient service management via Privat24.
Minimum documents and safe purchase of used cars.
No hidden fees

Lending Program for Used Cars

Down payment 12 months 24 months 36 months 48 months 60 months
30% 9.5% 12.5% 13.5% 14.5% 14.5%
40% 9% 11.5% 12.5% 13.0% 13.5%
50% 7% 9.0% 10.5% 11.5% 12.5%
60% 5% 7.5% 8% 8.5% 9%
70% 0.01% 3.5% 5.5% 6% 6.5%
One-time fee for the loan amount 1% 1% 1% 1% 1%

Simple steps to buying your own car

Лого Apply Apply

Apply

Get the decision in 2 minutes and submit the car invoice to the bank
Лого Re-register your car Re-register your car

Re-register your car

Sign the car purchase agreement, transfer the first installment to the dealership’s account, and re-register the car
Лого Get the loan Get the loan

Get the loan

Sign the loan agreement with the bank, insure your car and get the loan
Лого Enjoy your car Enjoy your car

Enjoy your car

Set off on an adventure but don't forget about car insurance in Privat24

Terms of lending for used cars

Down payment from 30% of the car price
Loan tenor 1-5 years
Interest rate from 0.01 to 14.5% per annum
Loan amount UAH 100,000-5,000,000
One-off loan issuance fee 1%
Loan repayment scheme annuity
Collateral type the car on credit
CASCO insurance in insurance companies accredited by the Bank (annually) from 6. 2% of the collateral value depending on the age of the car

Car requirements

Vehicle type:

  • Passenger cars, including electric vehicles.
  • Cars with no more than 9 seats (including driver).
  • Used cars from foreign brands (including cars manufactured in China).

Vehicle type

Vehicle age*

We offer loans for cars up to 12–15 years old, depending on the country of manufacture and mileage. Find out the specific requirements regarding the model year and technical condition for your model.

*To determine a vehicle age, subtract the year of manufacture indicated in the vehicle registration certificate from the current year.

Are you interested in purchasing a new car?

To learn more about the terms and conditions for a new car loan click here:

Go to terms and conditions

Documents and contractual base

Documents and contractual base

Information on service essential characteristics
Download


Loan agreement
Download


Collateral agreement
Download


Payment schedule
Download


Product use warning
Download


List and cost of third party services
Download


List of service stations
Download

FAQ

Can another person repay my debt?

Yes. Any person can repay the loan debt using the details specified in the loan agreement.

What happens if I fail to repay my car loan on time?

The Bank has the right to apply penalties stipulated by the terms and conditions of the agreement.

What is the commission fee for early loan repayment?

The Bank does not charge a fee for early repayment of the loan.

Is it possible to repay the loan in amounts exceeding the established monthly payment?

Yes. The amount exceeding the monthly payment will be used to repay the body of the loan.

Can I drive a car outside Ukraine if the loan has not been repaid yet?

Yes. After the loan is issued, the car is the property of the client.

Can the Bank increase the interest rate on the loan?

No. Unilateral rate increase is prohibited. The interest rate on the loan is fixed for the entire repayment period.

What happens if it is too late to make or not to make the annual Casco payment?

The interest rate for using the loan is set at 42% on the terms and in the manner prescribed by the loan agreement.

What documents are required to apply for a car loan?

To apply for a car loan, you must provide your mobile phone number. The package of necessary documents will be determined when making a decision on a loan, depending on whether the client is served by our Bank.

What documents do I need to repay a loan?

To fully repay the loan, you must have any identity document (passport, registration certificate, etc.) with you. If you are a client of the Bank, any card opened in our Bank can serve as an identity card.