Car financing: how it works at Bynco

Pay per month instead of a one time payment

With financing you pay a fixed amount per month, so that you do not have to spend a large amount at once. At Bynco we offer you the opportunity to arrange the financing of your car with our partner DTC Financing. DTC Financing is an independent, expert and reliable party that provides tailored private and business (car) financing.

Of course, you are not obliged to take out finance from DTC Financing to be able to buy a car from Bynco.

How car financing through Bynco works

Follow these steps to buy a used car at Bynco through financing. 

• Choose the car that suits you best. Can't make up your mind (yet)? Then ask for the help of one of our car experts and let them advise you without obligation. 
• Click 'Finance' and fill in your details. Click 'Finish at our financing partner'. 
• The only thing left for you to do is enter your date of birth, the amount to be borrowed and the registration number and mileage of the car at our partner DTC Financing. You can do this in the screen that opened automatically. Does the screen not open automatically or did you accidentally click it away? Don't panic, the link to open this screen can also be found in your email.
• Then provide your financial details. You can do this easily and securely online. This allows you to get approval for your financing within 15 minutes, so that we can definitively order the car (which has not yet been reserved) for you.
• If your application has not been approved, you will be contacted to inform you of this and to explain what led to this 'outcome'. It is also possible that DTC Financing asks you for more (financial) details so that the financing can still be approved.

Would you like to know about applying for car financing? Or do you have a question about the status of your financing application? Do not hesitate to contact our partner DTC Financing via 030 – 68 68 750.

This is what makes up a car finance

Duration in months, optionally from 12 months up to 120 months.

Purchase price: the amount that the car you want costs - without deducting the down payment.

Down payment: an amount that you can contribute in order to reduce the amount to be financed. You can use the money we offer you for your trade-in car for this purpose.

Financing: The amount - after deduction of the down payment and trade-in allowance, if applicable - to be financed.

Final instalment (not compulsory): the part of the loan that you pay at the end of the term. You pay interest on the final instalment, just like on the rest of the car financing. The higher the final term, the lower the monthly payment.

Interest rate: the amount of interest you pay on the amount financed. The interest rate is determined at the time of taking out the car finance and remains the same throughout the term, and therefore the monthly amount.

All the above components affect the amount you pay for your car per month.

Also good to know

• Until your financing request is fully approved, the car you have in mind remains available for other buyers. Reservation is not possible. Therefore, provide your financial details to DTC Financing as soon as possible so that you can quickly obtain approval and your car order can be completed.
• Don't like your new car? You can return it within 14 days and choose to annul the financing contract or switch to a different car. In case of a business car financing, costs will be charged.
• Because you become the owner of the car in the case of a car finance agreement, you are free to sell it or trade it in before the financing contract expires. You are then obliged to repay the remaining finance amount - all remaining monthly instalments including, if applicable, the final instalment. Do you want to sell or trade in the car before the end of the contract? Then please contact DTC Financing first.