Environmentally Friendly Car Hire Purchase
For individuals and companies
Interest rate depending on your contribution
With higher contribution you are entitled to a lower interest
No initial cost
For transactions through dealers, no initial bank fees are charged.
Anyone who wants to buy a new hybrid or electric car.
The maximum duration is 7 years.
There is a minimum initial contribution of 15%.
Yes, you may repay the financing earlier at no charge.
Financing with Hire Purchase.
- When your application is approved, the seller is paid and the car is transferred to the Bank of Cyprus and to your name.
- When the financing amount is fully repaid, the car is transferred to you after you pay the amount of €50 to the Bank for the right to purchase.
Learn more on out interest rates here.
The financing is based on a HIRE PURCHASE AGREEMENT. The Bank reserves the right to reject any application, at its discretion and to withdraw any scheme at any time.
800.00.800+35722128000 from abroad Monday to Friday, 07:45 - 18:00 Saturday and Sunday 9:00 - 17:00
Find your nearest BranchOr use one of our ATMs for your everyday transactions
Your personal Bankercan get in touch with you to discuss everything you need to know about our products