24h Car Loan

The interest rate for this 24h Auto Loan, without any discount, is a NIR of 8,25%, APR from 9,56% (maximum APR 16,58%). We show you what your installment and interest would be in the example you’ll find below.

But you can lower this rate by up to 3%, down to a NIR of 5,25%, APR from 9,79% (maximum APR 23,15%) if you take out certain ABANCA products or services that reduce the interest rate. You are not required to take them out, but they can help you pay less for your loan:

Additionally, please note that due to the characteristics of this product, you can only contract it until you or any participating holder turn 59 years old. In this case, you can consult other options at your branch.

And remember that the conditions shown here are only valid if you manage it through the website.

The Auto Loan 24h is the easiest and fastest way to get financing for your new car or motorcycle under very advantageous conditions. It doesn’t matter if the vehicle you want is new or used, you can request from €6,000 up to €60,000 to finance its purchase.

The Auto Loan 24h gives you every convenience to pay your loan online. You can simulate the operation with different terms, up to a maximum of eight years, and see the installment that best fits your needs. It’s that simple!

Get your car loan now with a discounted interest rate, allowing you to request from €6,000 to €60,000 with an opening fee of 1.50% (with a minimum of €90) and no additional costs for formalizing the operation.

We’ll respond within 24 hours after you provide the documentation, sign the application, and we confirm it’s viable.

Banks must provide you with an example using the highest and lowest rates when we talk to you about a loan, so that you can compare the different offers transparently.

To calculate the examples of the Auto Loan 24h without bonus, we have assumed that all months have the same number of days, that the formalization date is January 1 (you would start paying in February), an opening fee of 1.5% of the requested amount (with a minimum of €90), and that you will maintain for the entire life of the loan: an account associated with the loan with a quarterly maintenance fee of 36€, charged in March, June, September, and December (allocated to April, July, October, and January for calculation purposes); and a VISA Tú credit card that you must contract with your personal loan, if you do not already have another ABANCA credit card, with an issuance and maintenance fee of 43€ per year, which will be free the first year.

On the other hand, to calculate the examples of the Auto Loan 24h with bonus, we have taken into account the assumptions mentioned in the example of the loan without bonus and, in addition, that you have your salary directly deposited with us for a minimum amount of €600, and a life insurance and a payment protection insurance linked to the loan with a single premium, the cost of which we show you below. The cost of these insurances has been calculated for a 30-year-old person.