Month: September 2019

  • An efficient and comfortable car is a must nowadays. Commuting to work or doctor, taking children to school or kindergarten require a comfortable and fully functional car. What to do when we found the dream vehicle, but we lack the funds to buy it? The solution in this case is a car loan.   Where to get money for the car? When choosing a method of financing our car, we usually hesitate between: credit or car loan? Each of the two options has its advantages. The undoubted advantage of credit is the possibility of taking a much larger amount than in the case of a loan. So if you dream of a new and very expensive car, a bank loan will be the best solution. However, it is subject to many regulations and requirements. The mere desire to take this loan is not synonymous with the fact that it will be granted. To receive money, we must have adequate creditworthiness. Regular monthly payments to your account are required, preferably based on an employment contract or regular transfers as part of your own business. The bank will thoroughly check our credit history and review account receipts and expenses. A big disadvantage of a bank loan is the quite long waiting time for a decision, sometimes even several weeks. It may happen that, despite our willingness and meeting most requirements, the long waiting time after submitting the application, the loan will not be granted to us, primarily due to the lack of sufficient creditworthiness. In this situation, the solution is to take out a loan.   Car loan as proof When choosing a car loan in Warsaw for a car, we have to reckon with the fact that, unfortunately, we won’t get such high amounts as in the case of a car...
  •   Although many drivers dream of a new car straight from the salon, most of them, after verifying their financial capabilities, decide to buy a used vehicle. Poland is still at the forefront of countries with the largest number of cars whose age exceeds 10 years. Such a result does not mean that we show far-reaching disregard for the technical condition of the vehicle and safe driving. On the contrary – it indicates a significant economic problem. Poles simply can’t afford to buy a new car, but is that a reason to give up this means of transport at all? An interesting solution in this situation seems to be car leasing for both companies and individuals. Let’s check how it works. Leasing – what is it? Those who buy a new car at least once thought about what leasing is for a car. We explain to others that this type of financing resembles installment sales to some extent. Until now, it was an option available mainly to entrepreneurs. However, currently natural persons can also use it. There are three forms of leasing to choose from: operational leasing – operating on the basis of a vehicle lease or rental, financial leasing – similar to installment sale, and consumer leasing – dedicated to private individuals. The procedure is very simple: we go to the salon of the brand, choose the car we are interested in, and then sign the leasing contract. Under it, the lessor (salon) buys a car and makes it available to us in exchange for the fees specified in the contract, i.e. leasing installments. It is also permissible to lease a car that has already been in it before, but the lessee has not decided to buy the vehicle. Lease costs   The leasing installment consists of two elements:...
  • In the last ten years, we have been very popular with cars from our nearest “big manufacturer” car market – Germany. Volkswagen has been dominating the most popular brand for some time. In 2002, Volkswagen had over 82,000 registered vehicles worldwide. In a couple of years it has grown to 116 thousand. The change in the number of registered car leaders took place in 2004 When the aforementioned car brand overtook a longtime leader who will surely be remembered by the elderly. It is about the car brand ” Lada ” (VAZ) introduced in Soviet times. The total number of units registered for this car has decreased 10 times in recent years. In its last year of ” leader status “, 92,000 Lada cars were registered in Latvia. As early as the 1990s, more than 100,000 Lats were registered and, together with GAZ and Moskvich, accounted for 50% of all cars registered in Latvia. Although there are still many Lada car enthusiasts or car owners who take great care of their vehicles, a very large proportion of these cars are either recycled or simply no longer used. Comparing the data of the last decade, no big changes are visible in the market of the most popular car brands. Citizens mostly buy 3-brand cars – Volkswagen, Volvo and BMW. However, in addition to these three brands, several other car manufacturers, who predominantly come from the German car market, have also gained popularity and support. By popularity in Latvia, the Top 5 car brand can be ranked in order Volkswagen with more than 110 thousand registered cars is the most popular. It is followed by Audi, Opel, BMW and Ford. Exactly the same order is in the list of cars imported to Latvia and registered for the first time. Logically, the most...