How to get finance on a car in the Canaries | AboutCars Canary Islands

How to get finance on a car in the Canaries

How to get finance on a new or used car in the Canary Islands:
If you are a resident, have NIE number and work contract, it is possible to get a loan to buy new or used car in Spain and 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 pension from your country and the payment is paid to 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. And we can now also supply loans for cars older than 6 years!
When we receive all necessary documents, it only takes 24 hours to get the finance contract ready. Payments can be structured for up to 12 years instalment period depending on the age of the car.
If you are interested, please fill in the Finance Form and we will contact you as soon as possible.

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