OREANDA-NEWS. October 24, 2011. This is a new GM-Finance loan programme. A low monthly payment of just 5,000 roubles is available for specified models. This monthly payment is considerably less than the average monthly payment for traditional new car loans, reported the press-centre of Raiffeisenbank.

These loans will be approved in either roubles or USD for terms ranging from one to five years. The down payment depends on the specific model and options as well as on the term of the loan.
Unlike traditional new car loans, this partial amortisation loan allows the borrower to pay the balance at the end of the term which can be up to 45 per cent of the purchase cost. This amount is not paid during the term of the loan.

At the end of the term of the loan, the buyer can work with his/her Opel dealer to decide the best way to make the final payment including:

buyer pays off the remaining balance to the bank, in which case the car remains the buyer’s property;

buyer applies to the bank for a loan on the balance due;

trade-in, the buyer assigns vehicle ownership to the dealer at a depreciation value, and the difference between the value of the assigned Opel Astra and the remaining balance can be used as a down payment on a new car.

This programme is valid at all Raiffeisenbank branch offices.