Used car loan
For used cars up to 5 years old. Borrow up to ALL 1,000,000, with two guarantors.
Cost summary
Indicative figures- Monthly payment
- UnconfirmedPer month
- Total interest
- UnconfirmedOver the whole term
- Fees
- UnconfirmedUpfront bank fee only
- Total repayment
- UnconfirmedLoan + interest + known fee
Choose your amount, term, currency and customer category to see the summary.
Choose your loan details →Your product context
Calculate with this product →Nominal interest by currency
The annual nominal rate is used to calculate interest on the outstanding loan amount; it excludes fees and is different from APR. Rates depend on the currency, customer profile and fixed period. BTH refers to Albanian Treasury bills, while Euribor is a benchmark for euro borrowing. For a variable rate, the published minimum is a floor; the rate you pay may be higher.
Salary-transfer discount unconfirmed. Request quotes with and without salary transfer.
What does salary transfer mean?
For an offer conditional on salary transfer, salary must be credited to an account at the lending bank; simply having an account there is not the same. Ask how long you must keep your salary there and what account or package fees apply. The bank confirms eligibility.
Bank’s salary conditions ↗ALL · Lekë
BTH is the Treasury-bill rate; Euribor is the euro benchmark. Payments may change with the index. Any published floor is a lower limit, not a fixed rate.
Official terms · page 1 ↗Employment, income & eligibility
Individuals buying a car for personal use, manufactured within 5 years before application. Two guarantors must be acceptable to the bank.
- Car and guarantors
- Individuals buying a car for personal use, manufactured within 5 years before application. Two guarantors must be acceptable to the bank. Source ↗
- Application documents
- The bank’s document-checklist link is unavailable. Request the current list for income, vehicle and, where required, guarantors. Source ↗
Annual percentage rate (APR)
APR (annual percentage rate) expresses borrowing costs as a yearly percentage, including interest and the fees included in the calculation. The nominal rate covers interest alone. APR is not an additional charge. Where available, the bank’s published examples are shown below; your offer may differ. Compare the same currency, amount, term and customer profile.
Understand APR and the nominal rate, with an example →
- ALL
- Not confirmed
No current APR example confirmed in the reviewed sources. A nominal rate can still support a payment estimate.
Repayment, costs & documents
- Your contribution
- At least 40% of the price. The loan also cannot exceed 80% of the insured value, which may increase your contribution. Source ↗
- Security and insurance
- Vehicle pledge, Full Casco in BKT’s favour and two guarantors. Source ↗
- Fee and expenses
- Fee: 1.5% of the loan. The PDF estimates ALL 3,800 per notarised contract and ALL 1,400 for pledge registration. Casco is renewed annually; request the premium for your car. Source ↗
- Account and instalments
- A BKT account is required; monthly instalments repay the borrowed amount and interest. Source ↗
- Why APR remains unconfirmed
- The PDF’s 17.40% example uses a 3.22% fee, while the fee table states 1.5%. APR for a current offer needs confirmation. Source ↗
Benefits and limitations
✓ Up to 4 years
✓ Finance up to 60% of the purchase price
ALL only; two guarantors and Full Casco required.
The PDF’s APR uses a different fee from the published terms.
| Currencies | ALL |
|---|---|
| Salary at the lending bank | Salary-transfer discount unconfirmed. Request quotes with and without salary transfer. |
| Maximum amount | ALL 1,000,000 |
| Maximum term (months) | 48 |
| Published APR (%) | Not confirmed |
| Fees | 1.5% disbursement fee; insurance and other costs apply. |
| Collateral | Purchased vehicle pledged to the bank; two guarantors required. |
Amounts, terms and pricing by currency
| Currency / customer | Amount | Months | Annual rate |
|---|---|---|---|
| ALLUsed car | — – 1,000,000 | —–48 | See nominal interest aboveUp to 60% of the price, capped at 80% of the car’s insured value. |
Official sources and supporting terms
Product page on the bank’s website ↗
Source section: Kredi për makinë të përdorur
BKT · Kredi për makinë të përdorur · informacion parakontraktor ↗Reviewed pages: 1, 2, 3