✅ Mercantile Bank offers car loans with financing up to 100% of the vehicle’s value, limited to NIS 160,000
✅ Payment term option of up to 60 months
✅ Option to pay 60% in 48 monthly installments, at the end of 4 years, the remaining 40% repaid in a further 24 installments
✅ Available to customers of any bank
Why do we recommend a Mercantile car loan?
Mercantile Bank car loan allows you to purchase your dream car without compromising your budget. With the possibility of financing up to 100% of the vehicle’s value and flexible payment terms, you can plan your finances with peace of mind.
Another positive point is the payment segmentation into two phases, allowing the customer to better balance expenses over time. For those who value intelligent financial planning, this is an option that combines comfort and security.
Author’s opinion
The loan for purchasing new vehicles offered by Mercantile Bank is a unique solution on the market. The possibility of financing up to 100% of the car’s value, combined with flexible terms and competitive interest rates, makes this offer attractive for those looking to fulfill their dream of having a new car without compromising their financial health.
Furthermore, the two-step payment structure provides greater freedom in managing finances, allowing the customer to distribute costs strategically. This approach demonstrates Mercantile Bank’s commitment to offering products that truly meet the needs of its customers.
Find out today How do I apply for a Mercantile car loan?
If you want to know how to apply for this loan and take advantage of its benefits, click the button below to get more information and start the application process.