Repair financing covers all repair work from a minimum amount of €500 in one of our Losch facilities.

The interest rate is set at 6.99%.

The term depends on the total amount to be financed. In general, terms range from 10 to 36 months. 

A deposit payment is not strictly necessary, but it could reduce the monthly instalments. 

The monthly instalments depend on the total financing amount and the term. 

For legal reasons, we can only offer financing to customers from Luxembourg or Belgium. 

First, customers fill out a self-disclosure with the relevant contact person. This information must be filled in truthfully by the applicant and includes personal information, such as place of residence, salary and marital status. After this, initial feedback is provided about potential financing. Relevant documents must then be submitted to confirm the information. After these documents have been checked, the final financing confirmation is issued, and the agreement can be signed in the garage. Married persons must fill out a self-disclosure and the agreement must also be co-signed by their spouse. 

Much like when requesting a loan from a bank, a credit check is also required here. Furthermore, this process also ensures that nobody is taking out a loan in the name of the applicant without their permission. All of the information provided is treated confidentially and is only used for the purpose of providing the financing offer.

The documents to be submitted depend on the information provided in the self-disclosure. In most cases, an identification document (ID card, passport), a certificate of residence and proof of income (last two payslips) are required.