ING Car Loan

Buy a new or second-hand car without upsetting your budget!

Advantages

  • Practical: keep your savings for other projects.
  • Safe: with a car loan, you benefit from a fixed interest rate.
  • Comprehensive: borrow up to 110% of the purchase price.
  • 3,85% APRC: your second hand car loan now at an attractive rate!

FAQ

What is the ING Car Loan?
It is an instalment loan for purchasing a new or a second-hand vehicle (car, motorbike, mobile home).

How much can I borrow with a car loan?
The minimum amount of your car loan is 1,300 euros.
Slightly larger amount so you can pay your car insurance? In this case, you can borrow up to 110% of your vehicle's purchase price!

What is the term of my car loan?
The minimum term is 6 months. The maximum term is fixed depending on the amount borrowed and your ability to repay.

Legal information

Attention, borrowing money also costs money.
The ING Car Loan is an installment loan for personal use. Offer reserved for private individuals aged 18+ and subject to prior acceptance of your case by ING Belgium and to mutual agreement. The general terms and conditions and interests rate of the loan are available from any ING branch.
Your application and any approval of your application by ING Belgium (after examination of your case by ING Belgium) at the branch or via the 'Consumer loans online' in Home'Bank or at www.ing.be are not binding either for ING Belgium or for you until you have signed the loan agreement at your ING branch (subject to prior approval of your case by ING), after that the details communicated in the application have been checked beforehand for accuracy and completeness (partly on the basis of the documents provided or yet to be provided).

* Interest rate only applicable for a new environment-friendly car: cars with emissions of less than 120 grams of CO2/km - vehicles equipped with a thermo-electric motor (hybrid vehicles) or with a completely electric motor - vehicles that run on LPG - vehicles that run on CNG (= compressed natural gas) - vehicles that run on other non-fossil fuels (e.g. hydrogen).

As an illustrative example, let us say that you take an ING Car Loan valid for any ING Car Loan taken out for any new vehicle at the exception of green vehicles (instalment loan for private purposes) for an amount of 17,500 euros (average amount granted by ING for this type of loan) for a term of 60 months. With a fixed APR (annual percentage rate) of 1.60% (fixed) debit interest rate of 1. 60% per annum) (in force on 12/08/2019, variable subject to notice prior to the conclusion of the contract) you will repay 303.59 euros a month (i.e. a total of 17,803.59 euros after 60 months).

As an illustrative example, let’s say you take out an ING Car Loan for a second-hand car: A loan for a vehicle aged more than 3 years (instalment loan for private purposes) for an amount of 17,500 euros (average amount granted by ING) and a term of 60 months will have a fixed APR (annual percentage rate) of 3.85%, which comes to a monthly payment of 320.58 euros (i.e., a total of 19,234.80 euros after 60 months).

As an illustrative example, let us say that you take an ING Car Loan valid for any ING Car Loan taken out for any new green vehicle (installment loan for private purposes) for an amount of 12,000 euros (average amount granted by ING for this type of loan) for a term of 48 months. With a fixed APR (annual percentage rate) of 1.50% (fixed) debit interest rate of 1.50% per annum) (in force on 12/01/2018, variable subject to notice prior to the conclusion of the contract) you will repay 257.67 euros a month (i.e. a total of 12,368.16 euros after 48 months).

*Rate applicable to all loans for a vehicle older than 3 years, known as a second-hand car, for which an application was submitted between 12/08/2019 and 22/09/2019 included. Subject to acceptance of your application by ING Belgium and mutual agreement.

Response time for online requests: 2 working days.
ING Belgium S.A./N.V.– Bank / Lender – Registered office: avenue Marnix 24, B-1000 Brussels – Brussels RPM/RPR – VAT: BE 0403.200.393– BIC: BBRUBEBB – IBAN: BE45 3109 1560 2789.