All productsConvenient and fast hire purchase for accessories and spare parts You will get an answer to your application in less than a minute, no down payment is required, and you will be able to change the seller of the goods if necessary
You will get an answer to your application in less than a minute, no down payment is required, and you will be able to change the seller of the goods if necessary
Why choose auto24 hire-purchase?
auto24 hire-purchase will provide to you a loan without security up to 3000 euros for purchase of car accessories and spare parts. Application process is simple, no down payment is required, and you will be able to change the seller of the goods if necessary.
Process of application for auto24 hire-purchase is simple
Choose the goods
Choose the goods that you need. If the goods do not match your expectations or have been sold out, you can change the goods and the seller.
Submit an application
Use the loan calculator to find the most suitable monthly repayment and fill in the loan application. You will get a response immediately and this does not oblige you to sign the agreement.
See the terms and conditions, and conclude the contract
You will be able to sign the contract for auto24 hire purchase using an ID-card, mobiil-ID or Smart-ID. The contract can also be concluded in the office of Inbank.
Buy the goods that you need
We will transfer the amount of auto24 hire purchase to your account within one business day after conclusion of the contract. After that you will be able to use the money to purchase the goods.
Amount of auto24 hire-purchase
The amount of auto24 hire-purchase can be between 100 and 3000 euros.
Transparent expenses
The contract conclusion fee is 0 euros.
The fixed interest rate starts from 19.9%, depending on the terms and conditions offered to you.
The contract administration fee is 0.90 euros per month.
We can offer you auto24 hire-purchase, if:
Your age is at least 21 years, and you have either the citizenship or residence permit of Estonia
You monthly income is at least 400 euros
You duly perform your financial obligations
Early repayment of auto24 hire-purchase
You can repay the amount of auto24 hire-purchase to us early at any time, either in part or in full. To do that, you will need to submit to Inbank’s customer service a written request that states the amount to be repaid and the date of repayment. After that we will communicate to you the final amount that you will have to pay. The early contract termination fee is:
- 0.5% of the repaid amount – if at the time of repayment the remaining contract period is less than 1 year.
- 1% of the repaid amount – if at the time of repayment the remaining contract period is more than 1 year.
Important things to consider before conclusion of the contract
Please carefully consider whether auto24 car hire-purchase is a suitable choice for you, given your needs and financial situation.
Thoroughly think through the amount of the financial obligation that you can afford.
Before conclusion of the contract make sure that you familiarise yourself with the Terms and Conditions and with the Pricelist for Contracts.
We will always be your good partner. If you experience difficulties with performance of your obligations, make sure that you let us know about that. This way you will be able to prevent additional expenses or judicial disputes.
Carefully read our letters and immediately let us know of changes of your contact details.
APPLICATION AND RECEIPT OF AN ANSWER ABOUT THE LOAN
You will get an answer to an application submitted on the website or in a bank office immediately. In case of a positive answer you will be able to conclude the contract immediately. If we cannot make a loan decision in your regard, we will ask you to additionally submit a digitally signed account statement, following which we will provide an answer to your loan application within one business day.
auto24 hire-purchase can be applied for by all persons who have a good payment history, are at least 21 years old, have Estonian citizenship or residence permit, and whose monthly income is at least 400 euros.
A loan application can be submitted on the auto24 hire-purchase website and in the Tallinn office of Inbank. In order to sign the contract using the Internet the customer requires a valid ID-card, mobiil-ID or Smart-ID. In order to log into the system the customer needs to know PIN1 code, and in order to sign the contract PIN2 code. In order to conclude the contract in the bank office the customer must present an identity document (ID-card, passport or residence permit card).
After digital signing, the contract will become available at www.inbank.ee. To see it, log in, open the "Customer account" menu and select "Loans". You will also find a link to the contract in the email sent to you after the contract is concluded. If you are still unable find your contract, please contact our customer service.
First you have to make sure that your computer has the most recent version of the ID-card software installed, and if necessary please download the most recent version of the software and restart your computer. You can find a solution to your problem in the ID-card help centre or by calling ID-card helpline number 1777. If you are still unable to digitally sign the contract, please contact Inbank’s customer support service. The contract can also be signed in Inbank’s office.
We will transfer the money to your account within one business day after conclusion of the contract. Depending on your bank, money will be transferred to your settlement account either on the same, or on the following banking day after we make the transfer.
Inbank will accept only an account statement that was digitally signed (in .bdoc, .asice, .sce format). You can download it from the Internet bank of your bank. If you submit an account statement from Swedbank, SEB, LHV, Coop or Luminor, it must be digitally signed by the bank. If you submit an account statement from some other bank, you will have to save the account statement in PDF format and then sign it yourself using DigiDoc software. You can find out more in the manual for downloading an account statement. After you download the statement to your computer, you can upload it to the loan application page. If you cannot upload the account statement to the Internet bank of Inbank, please send it to the address laen@inbank.ee.
PURCHASE OF THE GOODS
The amount will be transferred to your settlement account. You will have to perform all actions related to the purchase yourself. If the product that you chose is no longer available, or if it does not match your expectations, you can look for a new product yourself and pay for it with the hire-purchase amount that was transferred to your account.
You will not have to present documents related to the goods to the bank.
The goods will immediately belong to you. Also, you have the right to sell the purchased goods during the period of auto24 hire-purchase, if you pay all remaining instalments.
auto24 hire purchase is first and foremost intended for purchase of accessories and spare parts on our partner portal auto24 which offers the biggest choice of ads in Estonia. If you choose the goods from auto24.ee, mototehnika.ee or veetehnika.ee portal, you will instantly see the amount of a monthly payment of auto24 hire-purchase next to the ad. By clicking on it you will be able to immediately start competing the application. If you cannot find a suitable product on those portals, you can still apply for hire-purchase on the auto24 car hire-purchase website.
DESIGNATED USE, AND TERMS AND CONDITIONS OF AUTO24 HIRE-PURCHASE
auto24 hire-purchase offers many advantages that allow you to buy exactly the goods that you are looking for:
- You will receive an answer to your application within less than a minute.
- No down payment is required.
- No contract conclusion fee is required.
- We will transfer the amount of auto24 hire-purchase to your account within one business day after conclusion of the contract.
The interest rate on hire-purchase starts from 19.9% per year. The exact interest rate depends on the terms and conditions offered to you. You will be able to familiarise yourself with them in case of a positive decision on the loan immediately after submission of the application. The period for repayment of auto24 hire-purchase is up to 3 years. The interest rate is fixed for the entire hire-purchase period, and it is not tied to Euribor. Therefore, you can be sure that the amount of the monthly payment will not change.
The amount of auto24 hire-purchase can be between 100 and 3000 euros.
REPAYMENT OF THE LOAN
Yes, auto24 hire-purchase can be repaid in part or in full before expiry of its period. In order to do that, please submit a respective request at the address info@inbank.ee, which states the date when you want to repay the amount of auto24 hire-purchase. After that we will communicate to you the final amount that will have to be paid on that date. Terms and conditions of early repayment can be found in the Pricelist of Inbank.
Yes, the payment date can be changed. In order to do that you must submit a request to address info@inbank.ee. The payment date change fee can be found in the Pricelist of Inbank.
Yes, if necessary you can apply for a grace period. In order to do that you must submit a request to the address info@inbank.ee. Continuous length of one grace period is up to three months. If you want to use a grace period again, all loan and interest payments for the previous three months must be paid. During the effective period of the contract a grace period can be taken not more than two times and for a total length of six months within the period of auto24 hire-purchase. An exact length of the grace period and its conditions are established taking the needs and possibilities of the customer into account.
If a loan payment was not transferred to us by the payment due date, we will send a reminder of the payment due date via text message. Delay of payment results in additional expenses, and a late payment penalty is applied to the delayed payment. You can find the fees related to delay of payment in your contract and in the Pricelist of Inbank. If you foresee long-term difficulties with loan payments, please definitely contact Inbank, so that together we could find a flexible solution.
Irrespective of the reasons for difficulties with payments, Inbank wants to meet the needs of its customers in any situation, offering the most flexible solution possible. Therefore, please make sure that you immediately notify us of any difficulties with loan payments. For example, it may be possible to take a grace period or extend the payment period, which will mean lower monthly payments.
We will submit to you monthly invoices which you will find in the Internet bank of your bank. E-mails will be sent for payment from the account which you chose for transfer of the amount of auto24 hire-purchase. For convenient payment we recommend to conclude a contract for standing payment service. Invoices are to be paid to the bank account of Inbank in SEB bank. An invoice is considered as paid if it was paid with a correct reference number which you will find in your contract or on your e-invoice.
Inbank calculates interest starting from the transfer of the loan amount. Therefore, the amount of the invoice for the first period may be smaller than the amount stated in the payment schedule.