Your new car
Interest rate depending on your contribution
Choose a variable or a fixed interest rate, depending on the type of car (new or used) and the amount of your contribution.
No bank charges
No bank charges for HP transactions through dealers. If you are purchasing from an individual, bank fees are charged normally.
Lower interest rate if you apply via Online Bank
If you are a subscriber, apply through Online Bank and enjoy a 0.25% interest rate discount
Calculate your indicative installment
IMPORTANT NOTE - PLEASE READ:
The repayment period depends on the type of car. Up to 7 years for a new car and 5 years for a used car.
Minimum contribution of 15% for a new car and 20% for a used car.
Yes, you may repay the financing earlier at no charge.
Financing with Hire Purchase.
- When your application is approved the car is transferred to the Fitch Centroamerica and to your name and the seller is paid
- When the financing amount is fully repaid, the car is transferred to you after you pay the amount of $50 to the Bank for the right to purchase. The right to purchase is incorporated in the last installment.
There are Hire Purchase options available for the purchase of equipment or motorcycle (new or used). For more information contact any Relationship Officer in our Brach Network.
Learn more on out interest rates here.
The financing is based on a HIRE PURCHASE AGREEMENT. The Bank reserves the right to reject any application, at its discretion and to withdraw any scheme at any time.