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​​​​​​​​​​​​​​​​​​​​K-Auto Finance (Refinance)

​Get money with your car!
Easy application!
Fast approval!
We’re ready to help!

Linked Slide

No Payment for 90 Days

Term and conditions

Easy Installments!
Starting at 57 Baht/day


Get up to

financing of the vehicle’s appraised value on effective or flat rate loan

*The financing limit is subject to KLeasing’s criteria and consideration

Installment terms up to 72 months
Maximum car age: 16 years

Get approval in as little as One Day!
Get the money within 24 hours after that!

Why


1

Worry-free installment payments starting at 57 Baht/day

2

Loan up to 100% of appraisal price

3

Loan approved and cash received within 24 hours

4

Installment period up to 72 months

5

Cars 16 years old and newer eligible


6

No personal guarantee required!

7

Make installment payments via several channels

8

Pay and check payment via KLeasing On Mobile

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Loan Application Details

Eligibility Download Sales Sheet

Private Individuals

  • Age 20 - 70 years old
  • Have Thai nationality
  • At least one fixed-line or work telephone number
  • Vehicle owner-without lien as entered in vehicle registration book or currently making payments to another financial institution (subject to KLeasing criteria)
  • Minimum income: 15,000 Baht/month​​

Registered Businesses

  • Businesses at least 2 years old
  • Must have a contact phone number (home, mobile, or office phone)
  • Normal business operations with regular income
  • Registered in Thailand
Required Documents

Private Individuals

Applicant

  • Copy of National ID Card – 4 sets
  • Copy of House Registration – 4 sets
  • Bank account statement covering at least the past six months – 1 set
  • Salary payslip or certificate of income – 1 set /Career documents (in case of business owners)​
  • Copy of vehicle registration book – 1 set
  • Vehicle insurance policy-must be Class 1, 2 or 2+ (if currently held ) – 1 set

Guarantor

  • Copy of National ID Card – 4 sets
  • Copy of House Registration – 4 sets
  • Bank account statement covering at least the past six months – 1 set
  • Salary payslip or certificate of income – 1 set/Career documents (in case of business owners)​

Registered Business

  • Copy of National ID Card of:
    • Authorized director (affixed with company seal) – 4 sets
    • Guarantor – 4 sets
    • Grantor of power of attorney and the authorized person (if any) – 4 sets
  • Copy of House Registration of:
    • Authorized director (affixed with company seal) – 4 sets
    • Guarantor – 4 sets
    • Grantor of power of attorney and the authorized person (if any) – 4 sets
  • Copy of Certificate of Business Registration and Company Objectives (within 3 months) – 4 sets
  • Copy of Certificate of VAT Registration (Phor.Phor.20) (within 3 months) – 1 sets
  • Copy of the Memorandum of Understanding and Articles of Association (within 3 months) – 1 sets
  • Bank account statement covering at least the past six months – 1 set
  • Copy of vehicle registration book – 1 set
  • Vehicle insurance policy--must be Class 1, 2 or 2+ (if currently held ) – 1 set


FAQ

What are the benefits of K-Auto Finance (Refinance) and financing by other loan providers?

As with home loans, customers can choose an effective interest rate loan that allows them to pay more than their normal installment to reduce the principal, and thus pay lower interest. Meanwhile, financing offered by some other institutions is based on a flat interest rate, wherein customers are unable to reduce the principal or the interest from the amount fixed in the financing contract.

With effective interest rates, customers can determine their financial planning more efficiently, with no risk of rising interest rates that would incur higher costs to them in the future.

Is the financing criteria involved with the condition of the vehicle or its age?

Car valuations are based on the vehicle’s actual condition using standardized criteria. The appraisal may be revised to suit the vehicle’s actual condition and/or prevailing market prices.

Is there any minimum installment amount?

Customers pay the installment amount until the end of term, e.g., 10,000 Baht for 48 installments. With effective interest rates, customers may pay at an amount higher than the minimum installment, but not a lower amount.

If I don’t yet have ownership of the car, but transfer of the car title to me is in processing, can I apply for financing?

Eligible vehicles must be lien-free and the registration certificate must have been in your name for over three months. Consideration cannot be given if you have not yet gained ownership. A waiver may be possible if the car is being paid off in installments on a loan with a financial institution (hire purchase customers are deemed to be the registered caretakers of their vehicles).