The fact that important brands such as Tesla and TOGG put their electric vehicles on sale in Turkey brought along a special loan arrangement by the Banking Regulation and Supervision Agency (BDDK). This arrangement allowed to raise certain lower limits for credit usage amounts for domestic electric vehicles and to determine various maturity and credit rates in different price ranges.
Here are the advantageous Togg loans
With the new regulation, domestic electric vehicle buyers will be able to benefit from the following credit opportunities according to the invoice values of the vehicles:
- Invoice value 900 thousand liras and below Up to 70 percent of the vehicle price can be used for electric vehicles with a 48-month maturity.
- Invoice value 900 thousand liras to 1 million 800 thousand liras For electric vehicles between
- Invoice value 1 million 800 thousand liras and 2 million 200 thousand liras For electric vehicles, which are between
- Invoice value 2 million 200 thousand liras and 2 million 800 thousand liras For electric vehicles that are between
Togg’s used sale ad remains on the agenda: Investigation started!
A second-hand sale advertisement for the Togg T10X continues to be on the agenda. Official institutions took up the matter.
However, the invoice value 2 million 800 thousand liras It will not be possible to use credit for electric vehicles above. This loan arrangement brought by the BRSA is seen as an important step taken to support the domestic electric vehicle market. At the same time, this regulation aims to encourage electric vehicles to become more widespread and preferred by more consumers.