The financing is granted by OP Corporate Bank plc.
Car hire purchaseBuy a car from a car dealership or private person with a fixed instalment. Hire purchase is a quick, reliable financing option.
You will receive a hire purchase offer immediately
Apply for financing from ”Autonostajan Apuri” (Car Buyer’s Assistant) and you will receive a preliminary financing offer online without waiting.
The car is sufficient as collateral
You can buy the car without collaterals. The car is the collateral for the hire purchase.
Easy, reliable financing
You will receive clear information on all financing costs in advance. There is a fixed interest rate in hire purchase.
You can apply for hire purchase when you have found a suitable car:
How to apply for hire purchase when buying a car from a car dealership:
Find a suitable car
You can apply for hire purchase when you have found a suitable vehicle. When you are buying a car from a private person read instructions here.
Apply for hire purchase in advance online
You will receive preliminary offer and an estimate of the monthly repayment of the financing. The final hire purchase price is calculated at the car dealership.
Conclude a deal
Take the preliminary financing offer with you to the car dealership.
When you have concluded the deal, you will receive a right of possession to the vehicle
You will obtain ownership of the vehicle when you have paid the last hire purchase instalment.
An easy, safe financing option
Buying a car using hire purchase is easy and safe. The hire purchase agreement is concluded at the time of concluding the deal. Hire purchase financing has a fixed interest rate and the instalment remains the same throughout the contract period. You can buy a car on hire purchase with a 1–6 year payment period. Please note that interest rates may vary between dealerships.
When you are buying a car from a car dealership, apply for a preliminary financing offer online and take the offer with you to the car dealership. The final hire purchase price is calculated at the car dealership. OP hire purchase financing is available at Finnish car dealerships.
You can also buy a car from a private person using OP hire purchase. Read more about hire purchase between private persons here ›.
What should you know before buying using hire purchase?
- You do not need separate collaterals for using hire purchase.
- The ownership of the car remains with OP Corporate Bank until you have paid the last hire purchase instalment.
- As a rule, a down payment of approximately 10–20% is paid for the car upon conclusion of the deal.
- You can apply for hire purchase when you have found a suitable car.
- It is a good idea to apply for a preliminary financing offer online beforehand. The final financing decision is calculated at the car dealership.
- You can also buy a car using hire purchase from a private person. Read more ›
Kuluttajasuojalaki ei turvaa ostajaa kahden yksityishenkilön välisessä kaupassa kuten autokaupasta ostettaessa. Jos autossa ilmenee vikoja kaupan jälkeen, voi asian selvittely olla monimutkaista ja hankalaa.
Yksityishenkilöiden välisessä kaupassa kumpikin osapuoli saa lisäturvaa, kun ulkopuoliset asiantuntijat tarkastavat auton kunnon.
Ostettava auto on aina syytä koeajaa ennen kauppoja. Ostaessasi yksityiseltä myyjältä auton OP:n osamaksurahoituksella, suosittelemme koeajamaan auton ennen varsinaista kaupantekoa. Näin voit varmistua jo ennen auton kuntotarkastusta, että ostettava auto on kunnossa ja vastaa tarpeistasi.
Koeajo kannattaa suorittaa radio suljettuna. Kuuntele auton moottorin ääntä eri nopeuksilla. Kokeile, että jarrut ja vaihteet toimivat asianmukaisesti. Tarkasta myös merkkivalot ja käy läpi sähkölaitteiden toimivuus.
Osamaksu on fiksu rahoitusvaihtoehto yksityisten välisessä autokaupassa. Ostettavalle autolle tehdään tarkastus ja ulkopuolinen asiantuntija auttaa hoitamaan kaupantekoon liittyvät paperityöt, kuten rekisteröinnin ja tarvittavat vakuutukset. Lisäksi tiedät tarkalleen osamaksuerän suuruuden etukäteen – osamaksun hinta pysyy saman koko sopimuskauden ajan.
Osamaksurahoituksella voi myös kerryttää rahanarvoisia OP-bonuksia, joilla voit kuitata muun muassa vakuutusmaksuja.
When buying a car from a car dealership, the interest rate on hire purchase and the invoicing fee and establishment fee vary by dealership.
When buying a car from a private person, the interest rate on hire purchase is 3.9%, the invoicing fee 8 euros per month and the establishment fee 190 euros.
For example: Cash price of a car (incl. delivery costs) is 20,000 euros and down payment 5,000 euros. Hire purchase financing is a one-off credit whose effective interest rate on a credit of 15,190 euros with a 5-year credit period amounts to 5.723% when the interest rate on financing is 3.9% (5/18), the establishment fee 190 euros and the invoicing fee 8 euros per month. The estimated total cost of credit is 22,223.60 euros and the number of instalments, each 287.06 euros, is 60. This calculation is based on the assumption that the entire credit is drawn down at the same time and that the interest on credit and charges and fees remain unchanged throughout the loan term. The credit is granted by OP Corporate Bank plc, Gebhardinaukio 1, 00510 Helsinki.
Effective as of November/2019
|Balance confirmations, interest certificates and lease liability reports||€37.00 each||x||x|
|Separately agreed brief reports/other changes||€25.00||x||x|
|Separately agreed reports/other changes||€100.00 per hour
|Copies of invoices and receipts||€15.00 each||x||x|
|Copies of agreements and reprint the payment scheme or credit transfers||€42.00 each
Private individuals €0
|Direct registration (amount charged by Trafi)||Based on Trafi’s list of charges valid from time to time||x||x|
|Processing registration certificates: amount charged plus, e.g.,
- changes related to the registered keeper
- a new registration certificate
|Change to OP Corporate Bank’s group insurance||€80.00||x||x|
|Authorisation to take a motor vehicle abroad (max. 12 months)||€42.00||x||x|
|Authorisation to take a motor vehicle abroad (max. 12 months)
processed on the same business day
|Driving instruction power of attorney||€37.00||x|
|Assignment of agreement|
|- private individuals
(incl. direct registration charge)
|€190.00 per agreement||x|
(incl. direct registration charge)
|0.30% of the receivable,
min. €400.00 per agreement
|Services related to a corporate merger or demerger||€400.00||x|
|Change in repayment plan|
|- private individuals||€5.00/agreement, max €20.00 per year||x|
|- companies||0.30% of the receivable,
min. €275.00 per agreement
|Due date postponement|
|- private individuals, repayment extension at least 14 days||€5.00/agreement, max €20.00 per year||x|
|Preparing and printing the final invoice||€37.00||x||x|
|- private individuals||€5.00||x|
|Unaccepted bill of exchange||€89.00||x|
|- private individuals||€15.00||x|
|Notice of termination||private individuals €30.00
|Order to retrieve the vehicle||Based on actual costs, min. €220.00||x||x|