Calculate an indicative monthly payment for your car loan below. Enter the price of the car, your down payment and the term; a residual value (balloon) is optional. Buying at Cornette with financing is possible through our credit partner: the application itself is discussed at the showroom in Roeselare.
Attention, borrowing money also costs money.
By default we use 15% of the car price.
The maximum follows the legal maximum term for this loan amount.
Optional: a final amount you pay in one go at the end. Your monthly payment drops, the total cost rises.
The actual APR depends on your file and the lender.
Indicative monthly payment
€ 331per month
APR applied: 6,5% (indicative)
This is an indicative simulation, not a credit offer. Cornette Automotive is not a lender; financing runs through a partner at the showroom. The exact conditions and the actual APR depend on your file.
No obligation, at the showroom or by phone
Yes, private individuals can lease a car too. With private lease you rent a car for a fixed period at a fixed monthly amount, usually with insurance, maintenance and taxes included. The car never becomes yours.
With financing you borrow the purchase amount and you own the car from day one. For a used car that is almost always the logical choice: private lease exists almost exclusively for new cars, and at the end of a lease contract you have built up nothing.
Not sure which suits you? Drop by and we will work out together what is most advantageous for your situation.
That depends on your income and your current credits. As a rule of thumb, lenders keep your total monthly charges below roughly one third of your net income. For a used car you typically finance up to 100% of the purchase price; with a down payment your monthly amount drops and your approval odds improve.
With a balloon loan you pay a lower monthly amount and a larger final sum remains at the end, the balloon or residual value. You pay it in one go, refinance it, or trade the car in. Your monthly payment drops, but the total credit cost is higher than with a classic loan.
Yes, private lease exists, but almost exclusively for new cars. You rent the car at a fixed monthly amount and never become the owner. For a used car, financing is usually more advantageous; we are happy to look at it together at the showroom.
For a credit application, bring your identity card, recent proof of income (pay slips or tax assessment) and your bank account number. The lender sometimes asks for extra documents, for example when you have other credits running. The partner at the showroom goes through everything with you.
