Premium Car via Finance: The TRNC Credit Purchase Process

Premium car loans are available from the following TRNC banks as of 2026:

Which banks?

• Cyprus Turkish Cooperative Central Bank
• Türkiye İş Bankası TRNC
• Garanti BBVA TRNC
• Yapı Kredi TRNC

Interest ranges (May 2026)

• 12-month term: 19-22% annual
• 24-month: 21-24% annual
• 36-month: 22-26% annual
• 48-60 months: 24-28% annual

Terms

Premium cars top out at 60 months. Max loan is typically 70-80% of vehicle value.

Required documents

• ID
• Payslips (last 3 months)
• Social security record
• Proof of address
• Property deed if homeowner (bonus points)

Approval time

Same day to 3 business days. Pre-approval with the bank speeds it up significantly.

In-gallery finance advantage

At Nicosia Motors, applying through our partner banks brings 0.5-1 point off the rate and zero file fees.

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Contact us to finance your premium car — our advisor starts the pre-approval the same day.