Online-Autokredit

What Is Targobank's Online-Autokredit?

Targobank's Online-Autokredit is a purpose-tied instalment loan for financing a vehicle that can be applied for entirely online. It's aimed at consumers looking for a predictable, fixed repayment plan for a car purchase.

Interest Rate and APR

According to our database, the nominal interest rate starts at 2.42% p.a., and the APR starts at 2.45% p.a. Both figures carry the "starting from" ("ab") qualifier — meaning this is the lowest rate, reserved for applicants with very strong credit. The actual terms for your individual case can only be confirmed reliably after a request to Targobank; at the time of our check, the offer page we accessed did not display any further concrete rate details for this specific product.

Loan Amount and Term

Per our database, the Online-Autokredit covers net loan amounts from €1,500 to €65,000, with a term of 12 to 84 months. The monthly instalment starts at around €177.05 according to the affiliate data on file, depending on loan amount, term and individual rate.

Fees

According to our database, no separate processing fee applies.

Who Is This Loan For?

The Online-Autokredit suits consumers looking for vehicle financing between €1,500 and €65,000 who want to handle the entire application process online, without visiting a branch.

Pros and Cons

• No processing fee
• Attractive entry rate from 2.45% APR
• Wide loan amount range from €1,500 to €65,000
• Fully applicable online

• The advertised rate is only a starting ("ab") rate — the actual rate depends on individual creditworthiness
• Detailed terms on early repayment and further fees were not visible on the offer page
• No flat rate without a credit check apparent

Verdict

Targobank's Online-Autokredit stands out with an attractive entry rate from 2.45% APR, no processing fee, and a wide range of possible loan amounts. Since this is a starting ("ab") rate, it's worth submitting a non-binding request to Targobank before making a final decision, to find out the rate that actually applies to your creditworthiness.