Car loan with a fixed interest rate, so no surprises
The interest rate of your car loan never changes. You are therefore sure that you will repay the same amount every month for the entire duration of your car loan. When you take out your car loan, you also get an overview of the monthly payments for the full term of your loan. This way you know at any time how much you have already repaid.
Repayment: a fixed monthly amount
If you know how much you want to borrow, you can easily calculate the monthly repayment amount with our car loan simulation . That amount depends on the amount borrowed and the period within which you want to repay the loan.
Do you need help to estimate the period in which you can borrow? Even then we would like to get you started with some guidelines .
Which term is best for you depends on how much you want to borrow and what amount you can miss each month. If you borrow on a shorter term, you will have to repay more monthly, but the loan will be repaid faster, and you will, therefore, pay less interest. At Muscle Car Facts you choose yourself.
Because a car decreases in value quickly, muscle car facts advise not to spread the repayment of a car loan over too long a period. As a novice driver, you often do not have any other investments, but you do have a higher chance of damage or even a total loss. Remember that in that case, you have lost your car, but the repayment of your loan will continue to run. With Muscle Car Facts’ comprehensive insurance you can limit that risk.
If you prove your actual professional expenses, you can tax the interest of your car loan.
When will you get your money?
The payment of your car loan happens:
Upon delivery of your car
After the signed documents and the investment receipt (order form or invoice) have arrived at KBC
On the account from which the monthly payments are also debited
When do you start paying back?
The repayment of your car loan starts one month after the payment of the credit amount. The following repayments are made on the same day of the month as the first repayment.
Example time of reimbursement
When to repay your car loan?
Suppose that muscle car fact makes the amount of your loan available on 25 March. Then you start repaying your loan on 25 April. The following repayments are always made on the 25th day of the month.
If you already have a current account with KBC, you can repay the loan through that account. You must, however, be the holder or joint holder of that account.
The repayment account is the same as the one on which the payment of your car loan is made.
Simulate and apply for your car loan online
Did you know that you can easily simulate and apply for a car loan in Muscle Car Facts Touch and Muscle Car FactsMobile? This way you will immediately see your rate, just like in your office. Handy, right? Proof: already 65% of our customers apply for their loans online. The employees of Muscle Car Facts Live are happy to help you further.
In Muscle Car FactsTouch and Muscle Car Facts Mobile you also get a complete overview of your car loan. So you see quickly:
How much you still have to pay
When the next reimbursement takes place
How long your credit is again running and how much you pay per month
You don’t need muscle car facts current account to apply for a car loan. On our website, you can easily simulate and apply for your car loan.
Do you have a car that you want to sell?
We are happy to help you. On our page about selling your car, you will find a list with tips and points of attention, such as a model of a sales agreement for your vehicle.