A car you love.
A plan you understand.
Explore the options, compare the full cost and build an illustrative payment plan before deciding what works for you.
Explore your payment estimate ↓Your next car.
A budget that works for you.
See how your deposit, repayment period and interest rate affect the monthly payment. Start with an example, explore the numbers, then speak with us about your next steps.
- 01Set your starting budgetAdjust the vehicle price and the amount you pay upfront.
- 02Compare a few scenariosTry a different term or rate and check the total cost too.
- 03Talk it through before decidingConfirm the actual terms with the lender before committing.
Apply through your bank
Bank of Cyprus offers digital QuickCar applications through the BoC Mobile app or 1bank, with an instant digital decision for eligible applications. Approval depends on the bank’s assessment; an instant approval is not guaranteed for every customer.
Bank of Cyprus · QuickCar for used cars
The following features belong to this specific product, rather than every bank or every application.
Security and charges
- QuickCar is advertised without personal guarantees, with the vehicle forming the subject of the hire-purchase.
- No initial bank charges are advertised for this product. Other contractual charges and conditions may apply.
- A larger contribution may affect the interest rate offered.
Minimum term
- Variable interest: from 12 months.
- Fixed interest: from 3 years.
Maximum term
- Conventional, hybrid or plug-in hybrid cars under 3 years old: up to 7 years.
- Equivalent cars over 3 years old: up to 5 years.
- Electric cars: up to 5 years.
The bank confirms vehicle-age classification, eligibility and final terms. Read Bank of Cyprus product terms ↗
Interest, APR and the real cost
There is no single rate for every used car in Cyprus. Request a personalised quote and compare APR and the total payable. APR reflects the cost of borrowing, rather than the headline interest rate alone.
Published examples — not a JAPANWAY finance offer
Fixed-rate QuickCar used-car financing of €10,000 over 60 months. Bank of Cyprus rate sheet dated 13 October 2026.
| Own contribution | Annual interest | APR | Monthly instalment | Total loan repayments |
|---|---|---|---|---|
| 35% or more | 7.10% | 7.33% | €199 | €11,909 |
| 20%–34% | 7.85% | 8.13% | €202 | €12,122 |
Figures are the bank’s rounded examples. Loan repayments exclude the deposit. Rates and terms may change. Official rate sheet (PDF) ↗
Fixed interest
The rate remains unchanged for the agreed period, subject to the contract.
Variable interest
The rate and instalment can change as the relevant reference rate changes.
What shapes your finance offer?
Vehicle age and type
These can influence the repayment period and available product.
Repayment period
Compare the monthly amount alongside the total interest.
Your contribution
Affects the amount borrowed and may influence the pricing.
Income and credit history
The bank assesses affordability and existing commitments.
Dealer or private sale
Processes and charges can differ by seller and product.
Imports and documentation
Confirm that the particular imported car and its documents meet the lender’s criteria.