Financing
ABOUTCARS Car Finance
Find a great finance deal on a used car
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.
What documents do I need for car Finance?
Working contract & Pension
- Copy Resedencia or NIE
- 3 x payslips or pension payments
- Work contract / pension contract
- Vida laboral
- Receipt bank acount
- Receipt tel or mobil
- Copy driving licence
Self employed
- Copy Resedencia or NIE
- 3 X Receipts autónomo
- Vida Laboral
- Tax declar Modelo 101
- Quaterly tax return 2019 y 2020
- Receipt bank acount
- Receipt tel or mobil
- Copy driving licence
Company S.L.
- Tarjeta CIF empresa
- DNI Administrador y renta (modelo 100)
- Escritura sociedad y poderes
- Impuestos de sociedades 2019 y 2020 (modelo 200)
- Balance de situación y pérdidas y ganancias 2019 y 2020
- Modelo 420 y 425 2019 y 2020
- Préstamos y recibos pagados
- Recibo cuenta bancaria empressa
- Receipt tel or mobil
