Electric-car loan
Credit for individuals buying a new or used electric car, with repayment tied to the car’s age and conditional deposit or security benefits for existing customers.
Tato příležitost je nyní dostupná v angličtině.
You can finance an electric car bought from a dealer or a private seller. A charger can be included if the invoice or sales agreement documents it as part of the car purchase; the deposit and security are then calculated on the combined price.
Nordea provides a credit account that you repay, with interest charged only on the amount used. The published variable lending rate is 2.75–6.55%, depending on your credit assessment. You can make extra payments or repay early.
A new car can be financed for up to ten years. For a used car, repayment must finish within ten years of its first registration: a two-year-old car therefore allows at most eight years.
Costs include comprehensive vehicle insurance and, where vehicle security is registered, DKK 1,850 in fixed state registration charges plus 1.5% of half the loan principal. When vehicle security is used, the insurer also charges for a declaration recording the lender’s interest in the insured car; Nordea estimates DKK 995, with the exact charge depending on the insurer.
Eligibility
- You must be older than 18 and able to afford the loan. Nordea makes an individual credit assessment.
- Normally, you pay at least 20% of the purchase price yourself and provide the car as security. If repayments are not made as agreed, the lender can require the car to be sold to repay the debt.
- Subject to credit assessment, customers with housing finance at Nordea and Premium customers may obtain a loan without a deposit, retaining security for 50% of the loan. Customers with housing finance at Nordea may instead pay at least 20% upfront without vehicle security or its registration charges. These are alternative benefits, not automatic entitlements.
- You must have comprehensive vehicle insurance. The general loan terms require active Netbank or Netbank konto-kik access and monitoring of interest-change notices.
- Before moving permanently abroad, agree with Nordea how the loan will continue; otherwise its general terms allow the bank to demand immediate repayment.
How to apply
- Stav
- Průběžně otevřené
Apply through Nordea’s online car-loan form. After submission, use the links Nordea sends to consent to income and tax information through eSkat and to the budget assessment. Nordea contacts you and may request more information.
You may apply before choosing a car; the free loan certificate is valid for six months. Once you have found the car, send Nordea the sales agreement. Nordea sends the loan documents for signature, after which you pay the seller.