The desire to buy a new car with a couple of hundred steel horses under the hood periodically takes possession of every Russian. Financial opportunities are not always sufficient to buy a car and reach the desired level.
When there is a problem of lack of money, motorists use special credit programs. The question of which banks give car loans does not exist today. Targeted loans in the field of car loans are offered by almost all credit organizations. The only thing left for a car enthusiast is to choose the most favorable loan for buying a car.
Types of car loans
Many car dealerships and banks in the competition for customers announce that they can provide the most profitable car loan. Through the development of various programs, employees strive to satisfy the basic needs of customers to the maximum. And they are different.
Someone, having fallen in love at first sight with a new car in the salon, wants to take a car on credit in a couple of hours. Someone is ready to carefully analyze information about banking products in search of where it is more profitable to get a loan. Someone will endure up to the maximum accumulation of their own funds in order to get a car loan with a low interest rate.
There are several types of loan programs adapted to the capabilities and desires of buyers.
Where to get a loan - in a car dealership or in a bank? The decision depends on the type of lending chosen, the availability of partnership between the store and the lending institution. Most car dealerships provide offices for bank employees. This allows you to quickly issue loans in a convenient and comfortable atmosphere for the buyer.
Criteria for choosing a loan for the purchase of a car
Which bank is better to take a car loan profitably? Competition in the car loan segment is very high and continues to grow. To attract customers, banks have developed many products that differ in the conditions for providing a car loan and requirements for the borrower.
In such a variety, it is not easy to navigate which loan is better. There are main aspects by which you can evaluate existing offers and determine where it is more profitable to take a car loan. 
First of all, customers pay attention to the interest rate, since it is an indicator of the overpayment for the car and its final cost. By and large, it is the interest rate that determines which loan is more profitable. The lowest interest rate on a car loan that can be found today is 8-12%, given by UralSib, Sovcombank and the Bank of Moscow.
The next significant aspect is the availability and amount of the initial payment. Typically, the contribution is 10-15% of the value of the car. There is an inverse relationship between the amount of the down payment and the annual interest: the more a buyer spends on a car with his own funds, the lower the interest on the car loan he will pay.
There are banks that are ready to work with clients without this payment: VTB-24, AltaiEnergobank, AyManiBank. But experts do not recommend unnecessarily on such terms. This is explained by the fact that the rise in price of a car will be very high, the rate on a car loan reaches 35-40% per annum, which is extremely unprofitable for the buyer.
CASCO insurance for a car and borrower insurance are prerequisites for the bulk of loan products. These procedures increase the cost of applying for a loan, but in the presence of a full package of insurance, the annual percentage decreases by 0.5-1.5 points. The borrower is not always free to choose an insurer, and companies offered in banks usually charge a large fee for insurance. 
Car dealerships are striving to increase sales and for this, together with their partner banks, they launch promotions, according to which the cost of certain cars is reduced due to discounts or a decrease in interest rates. By participating in such a promotion, you can get the cheapest car loan.
The so-called two-document loan is gaining more and more popularity among buyers. A tempting offer for people who spare the time and effort to collect a voluminous portfolio of documents. This option assumes that the borrower has a passport and any other document: TIN, passport, driver's license, etc.
Where is the best place to get such a loan? The risks of banks for such products are higher, since the program superficially evaluates the borrower and his solvency. Accordingly, the annual interest and down payment will be higher. The most profitable car loans according to two documents are offered by Sberbank, VTB-24, Rosbank, Bank of Moscow.
The bank's proposals must be assessed comprehensively, since the benefit in one parameter does not mean that the product is fully suitable for the borrower. What is the most profitable car loan, you can determine by calculating the repayment schedules of the options offered.
So that the rise in price of a car does not exceed 30%, it is better to take out a loan for a short period with the maximum possible amount of the initial payment. 
Review of offers of large banks for car loans
In which bank can you get a profitable car loan? Detailed information on the conditions for the provision of car loans can be obtained on the Internet at the official websites of credit institutions. Below is a general overview of the largest players in the car loan market.
The provided data are of a general nature, since almost every bank has several lines of car loans, the conditions for which may vary significantly. The contract with each client is considered on an individual basis, and its final cost will depend on many factors.
Noteworthy auto lending products are offered by Agropromcredit, Energobank, Baltinvestbank, Tatfondbank, Sovetsky Bank, Bank Soyuz, Rusfinancebank.
In which bank will give a profitable car loan, the buyer will understand, assessing their ability to have a sufficient amount for the initial payment and having studied the available offers. If a brand new car has already been chosen, the store's consultants will answer the question of where you can get a car loan, since each car dealership has its partners among financial and credit organizations.
