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.
