Low Instalment

Down payment from 10%

87% of applications are approved

Online within 30 minutes

Financing through Carvago

Our favourable financing makes car purchase affordable for anyone. Just choose your favourite car and a financing plan to suit your needs.

Monthly instalment

5 877 Kč

48 instalments

Low Instalment

Flexible conditions

Low instalments

Option for refinancing

Sample calculation for a 2018 Škoda Kodiaq

CAR PRICE

DOWN PAYMENT

LOAN TERM

LAST INSTALMENT

This calculation is a model example. not a binding quote. Please use the contact form below to get your specific calculation of instalments and interest rates.

How does the Low Instalment financing work?

The flexibility of our loan means significantly lower monthly instalments while still allowing you to choose a car of your preference and select both the down payment and the loan term to suit your needs. At the end of the loan, you decide whether to pay the remaining balance and keep your car, refinance the loan and continue making payments, or sell the car – perhaps in our online auction.

1st step

Down payment

You pay just 20-50% of your car’s price upfront.

2nd step

Low instalments

You pay low monthly instalments for 12-48 months.

3rd step

The last instalment

At the end, you repay the remainder of the loan (10-40% depending on your chosen terms) and either keep your car or sell it.

What happens to the car at the end of the loan term?

It depends on how you decide to proceed with the balloon payment. There are three options to choose from:

01.

Repay up the rest of the loan balance

You pay the last instalment with your own funds and get to keep the car.

02.

Exchange your car for a new one

With our help, you trade the car for a new one. You sell your existing car at an auction and choose a different one from us.

03.

Refinance your loan

You finance the last instalment with a new loan, keep making payments and keep the car.

Why finance through Carvago?

Available cars

Process

Time

Convenience

Financing of services

Carvago

Unlimited selection from vehicles from all over Europe.

We will sort out the financing right at the time of purchase. You will learn right away how much you can borrow.

Online application form, approval within minutes.

Everything is done online from the comfort of your home.

We will arrange the car financing, including services.

The usual method

Cars registered in the Czech Republic only.

Before choosing your car, you need to check if and how much you can borrow from the bank.

At least 3 visits to the bank, approval within days.

You'll spend a lot of time visiting the bank.

The bank will only loan the price of the car itself.