Central Bank’s (CBRT) after the last interest rate reduction decision of the automobile dream of ‘cheapest vehicle loans’ searches accelerated. Banks started to campaign for vehicle loan interest rates.
As of February 5, 2025, the lowest vehicle loan rates and repayment have also changed. Here is the interest rate of 300 thousand TL 300 thousand TL with a maturity of 36 months, monthly installment amount and repayment:
Akbank
Interest rate 3.45 %
Monthly installment 16.947,77 TL
Total Payment 611.844 TL
WARRANTY BBVA
Interest rate 3,39 %
Monthly installment 16.771,67 TL
Total Payment 605.280 TL
Kuveytturk
Interest rate 3.15 %
Monthly installment 16.075,42 TL
Total Payment 580.440 TL