How to get finance on a new or used car in the Canary Islands
If you have a NIE number and work contract or pension, it is possible to get a loan to buy a new or used car in the Canary Islands. Even if you are self-employed you can do so as well. Documents from the Social Security office and your yearly tax returns are enough to apply for the loan.
When you receive a pension from your country and the payment is paid directly into your Spanish bank account, it would also be possible to get a car loan. If you can make a down payment, you have a better chance of approval. We can now also supply loans for cars older than 6 years!
When we receive all necessary documents, it only takes 2-3 working days to get the finance contract ready. Payments can be structured for up to 10 years instalment period depending on the age of the car.
If you are interested in car finance Canary Islands, please fill in the Finance Form and we will contact you as soon as possible.