Green Car Hire Purchase
For individuals and companies
Lower interest rate
The interest rate is 0.25% lower than the interest rate offered for other Bank of Cyprus Car Hire Purchase schemes for new cars
Variable or fixed rate option
You may choose a variable or fixed interest rate for your financing
No initial cost
For transactions through dealers, no initial bank fees are charged.
Individuals or companies who want to buy a new hybrid or electric car.
Green car Hire purchase is offered for the purchase of a new electric or hybrid car with emissions <50g CO2/km.
The maximum duration is 8 years.
There is a minimum initial contribution of 15%.
You can benefit from a 10% discount on the interest rate of the Fil-eco Energy Loan, for the purchase of photovoltaic systems, if you have already been approved for Green Car Hire Purchase.
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
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