Car Hire Purchase Calculator

Choose car condition:

New
  • New
  • Used
The total price of the car as it will be invoiced.
The amount of deposit. It should be atleast 25% of the car price.
The loan duration in months. Minimum 12 Months and maximum 84 months.
The total price of the car as it will be invoiced.
The amount of deposit. It should be atleast 25% of the car price.
The loan duration in months. Minimum 12 Months and maximum 84 months.

APR

Monthly Instalment

Total Payable

Deposit

* The offer is valid for applications that will be approved between 03/09/2018 and 30/10/2019 for new cars. Different pricing applies for used cars. The Bank reserves the right, at its sole discretion, to withdraw the offer at any time. 1.The above figures and information are provided on an “as is” basis, are indicative and must be used for guidance and comparative purposes ONLY. They do not in any way constitute a loan offer, professional advise nor are intended to be legally binding. All figures and formulae are estimates and may be changed at any time by the Bank without notice. Also, the exact figures may vary at the time of the granting of the any facility. 2. Hellenic Bank Public Company Ltd (“the Bank”) does not make any express and/or implied representations nor does it provide any warranty regarding the correctness, availability, usefulness or accuracy of the above data and/or figures and or the use or results of the said calculator and the Bank, including any of its employees and/or representatives, does not bear or accept any responsibility to any person (“natural” or “legal”) of any kind, for any damage and/or loss of whatsoever nature the user or any other person may incur from use or reliance of the above calculator and/or data and/or any action and/or omission as a consequence of these. 3. The Bank disclaims any and all liability for the results produced or data contained in the calculator above and shall not be responsible for any discrepancies in the loan calculations. 4. The 3.17% APR has been calculated for a new car of €16,000 with a prepayment of € 4,000 and a repayment period of 84 months in equal monthly installments of € 158.85. The APR may change depending on the amount of the advance. No bank charges are charged for funding. The aforementioned APR and installment amount do not include the insurance premium costs, which may be added to each single installment. Note: Any reference to APR in relation to Hire Purchase Agreement shall mean Annual Percentage Rate. The A.P.R has been calculated based on the Interest Rate, the period of the loan, the loan amount and duration you have recorded.5. In case hire rentals (installments) are overdue, interest on overdue rentals will be paid equal to the Base Interest Rate of the Bank at the time plus the applicable according to the relative hire purchase agreement margin. The Bank has the right to charge default interest rate, over and above the Base Rate of Hellenic Bank, on any overdue amount. We strongly recommend that you seek professional advice should you wish to apply for a loan and/or receive or be informed for the up to date rates. 6. Car Hire Purchase Agreement: The granting of the hire purchase is subject to Hellenic Bank Public Company Ltd obtaining satisfactory guarantees/securities and the assignment of the applicant’s Life Insurance, Life & Permanent Total Disability Insurance as well as Car Insurance. Hellenic Bank Public Company Ltd, Pancyprian Insurance Ltd and Hellenic Alico Life Insurance Co Ltd, can in their absolute discretion, reject an application according to their policy at any given time. Terms and Conditions apply.

Interest Rate Table

Deposit (Contribution)UsedNew
25% - 34.99%5.00%3%*
≥ 35%3.90%3%*

*The offer is valid for applications that will be approved between 03/09/2018 and 30/10/2019 for new cars only.