‘Belgians borrow on average 17% more to buy new car’

January 9, 2020

For eco-friendly cars, banks often propose a lower rate and allow customers to borrow up to 120% of the purchase price to cover any additional costs /DPA

The amount borrowed by Belgians for their new car has increased by 17% in five years. Last year, Belgians borrowed an average of 15.400 euros to buy a car. According to Belfius Bank’s figures, this amount was 19.200 euros for a new car, and 12.500 euros for a second-hand one. This is 17% more than

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