Driving on installments
These cars are most often bought on credit
Cars are becoming more and more expensive - so expensive that people often can no longer afford them. But it is also too tempting, car dealers offer "super-favorable" conditions for leasing or financing. But not all brands are purchased equally on credit.
Tesla models are "by far the most frequently" financed via a loan. This is the result of an analysis by the comparison portal Verivox for Germany. "The US manufacturer's share of car loans is 122 percent higher than its share of the nationally registered vehicle stock," the portal reported.
According to the report, BMWs are also financed on credit at an above-average rate of 59 percent and Audis at 55 percent.
In contrast, cars from Mitsubishi, Toyota and Opel are bought on credit less frequently than average in relation to their market share. "Many consumers are prepared to take out a loan for their dream vehicle, especially for higher-priced and prestigious brands," explained a spokesperson.
According to the comparison portal, the results were based on car loans taken out on the portal in 2023 and 2024.
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