In principle, every person is free to apply for a car loan. However, this does not mean that a car loan is possible for everyone. Even if the requirements for the individual lenders are extremely different, they all require a certain minimum level of creditworthiness from their customers. http://godshew.org/bad-credit-car-loans-auto-finance-request-a-car-financing-for-bad-credit/ for clarification
In the vast majority of cases, German or foreign banks only grant a loan if the customer can demonstrate regular and secure income. Agree banks also require positive or neutral private credit checker information. In the case of a bank loan, the entire loan amount is paid out in one amount and can then be used to finance the desired new or used car.
A very important advantage arises from the fact that the borrower can act as a cash payer at his car dealer, with the consequence that he often benefits from considerable discounts on the entire purchase price. How high these discounts are cannot be answered universally. This depends on the individual discount scheme of the respective car dealer.
Even if a dealer loan is often easier to obtain than a bank loan, it does not mean that this is a car loan for everyone. The requirements for a dealer loan are very different and are determined individually by each individual car dealer.
For this reason, it may well be the case that a dealer credit is also given to the self-employed or freelancers or to people who show minor negative entries at private credit checker. However, there can be no guarantee, even if the loan amount by car is offset by a concrete material value.
Anyone who is looking for a car loan for everyone and has not had any other success could try a personal loan. If the car is urgently needed and not too expensive, there is a good chance of finding a loan from your own circle of friends or relatives. Another variant that has been enjoying increasing popularity for some time is borrowing via an internet platform on which private lenders and private lenders have the opportunity to get in touch with one another and to regulate the conditions for lending individually.