Car loans for young adults

Car loan for the purchase of a new or used car.

If you are under 34, we have extra favourable terms
On loans up to NOK 100 000, you can choose semi-comprehensive insurance which provides lower insurance costs

See what the loan will cost you

Test different loan amounts and see the monthly cost.

Price example, Car loan

Nominal interest rate 6.49 %, eff. interest rate 8.40 %, NOK 150 000 o/5 years. Annuity loans NOK 150 000 o/5 years. Instalment amount NOK 3 048 per month Cost: NOK 32 887 total: NOK 182 887.

Price list

Selling a car?

It can be profitable to do the work of selling your car yourself.

How to sell your car yourself

Buying a car?

Things to bear in mind.

Car buying checklist

Insure your car

If bad luck should strike, it’s good to know you have good car insurance.

Vehicle insurance

Extra peace of mind with Sikret Billån® (secured car loan)

If you should lose your job, be temporarily laid off or become incapacitated for work, it can be difficult to make your loan repayments. When you choose Sikret Billån® (secured car loan), your loan comes with payment insurance which can cover repayments for you should unforeseen circumstances arise. This gives you and your family peace of mind.

Sikret Billån® (secured car loan) can be taken out by borrowers aged 18 to 63 years of age, who are working or who are self-employed.

Remember to tick Sikret Billån® in the application form if you would like this option, or contact us for more information.

FAQ

When do I need a pre-qualification letter?

A pre-qualification letter or loan confirmation is a confirmation from the bank of the desired loan requirement so you can act quickly when you find the car you want to buy. The loan confirmation is valid for 3 months.

A loan confirmation is great to have if you are unsure about which car to buy, but want to know if you can get a loan.

Apply for a pre-qualification letter here. You can also log in to the online bank and apply there.

There is a charge on the car, what should I do?

How much can I borrow as a car loan?

Is there any limit associated with the age of the car?

I’m going to buy a car from someone I live with, can I get a car loan?

How do I convert a loan confirmation to a loan?

You will find your loan confirmation under “My loans and credit cards” in the online bank. Click the gear icon and select “change”. Enter the correct price, registration number and information about the car. Remember to re-submit your form. It is important that you sign the loan documents before you re-register and take possession of the vehicle.

To upload a purchase contract, go to “Banking and loans” - “My loans and credit cards”. Click the gear icon and “Loan details”. Further down on the side, you will see “submit signed purchase contract”.

How do we make settlement in a situation like this?

When DNB Finans has received all of the signed documents, as well as a copy of the signed purchase contract and the correct copy of confirmed proof of identity, the loan will be paid to the seller provided there is no charge on the car. Confirmation to the seller can be found with the loan documents.

The loan will be transferred to the seller when the car is registered to a new owner. Car loan Set up can help confirm this to the seller.

Can I apply for a loan for other items than a car?

I have a car loan with another bank, can I move it DNB?

I have a car without any charges – can I take out a loan using it as security?

See more on help and guidance

Car loans for young adults

See what the loan will cost you

Price example, Car loan

Selling a car?

Buying a car?

Insure your car

FAQ

Other Ung (Young Adults) benefits

Mortgage Ung (Young Adults)

Ung (Young Adults) card

DNB Ung (Young Adults)

Insurance Ung (Young Adults)