Compare Car Finance in Norway

Compare car loans and financing in Norway.

20 live car finance offers tracked across 18 Norwegian providers, with APRs from 5.20%. Data current as of 1 November 2026 and updated daily from the Giraffy database.

Live offers

20 live offers compared from 18 providers, from 5.20% APR. Updated daily.

Toyota Financial Svc NO Toyota Financial Services NO

5.20% APR

  • Interest Rate: 5.20% APR
  • Loan Amount: 50,000–2,000,000kr
  • Loan Term: 24–60 months
  • Key Feature: Toyota/Lexus manufacturer finance

BMW Financial Services NO BMW Financial Services Norway

5.50% APR

  • Interest Rate: 5.50% APR
  • Loan Amount: 100,000–3,000,000kr
  • Loan Term: 24–60 months
  • Key Feature: BMW/MINI manufacturer finance

Sambla Billån NO Sambla Norway

5.75% APR

  • Interest Rate: From 5.75% APR
  • Loan Amount: 50,000–1,500,000kr
  • Loan Term: 12–72 months
  • Key Feature: Compares 20+ lenders

Mercedes-Benz Finans NO Mercedes-Benz Financial Services Norway

5.80% APR

  • Interest Rate: 5.80% APR
  • Loan Amount: 100,000–3,000,000kr
  • Loan Term: 24–60 months
  • Key Feature: Mercedes manufacturer finance

Lendo Billån Broker Lendo Norway

5.90% APR

  • Interest Rate: From 5.90% APR
  • Loan Amount: 50,000–1,500,000kr
  • Loan Term: 12–72 months
  • Key Feature: Free broker comparison

VW Financial Services NO Volkswagen Financial Services NO

5.90% APR

  • Interest Rate: 5.90% APR
  • Loan Amount: 50,000–2,000,000kr
  • Loan Term: 24–60 months
  • Key Feature: Manufacturer finance VW/Audi/SEAT/Skoda

Axo Finans Billån Axo Finans

6% APR

  • Interest Rate: From 6.00% APR
  • Loan Amount: 50,000–1,200,000kr
  • Loan Term: 12–72 months
  • Key Feature: Norwegian auto broker

Møller Finans Møller Finans

6.20% APR

  • Interest Rate: 6.20% APR
  • Loan Amount: 50,000–2,000,000kr
  • Loan Term: 12–72 months
  • Key Feature: Largest NO car dealer group

Volkswagen Financial Services Billån NO Volkswagen Financial Services NO

6.40% APR

  • Interest Rate: 6.4% effektiv rente
  • Loan Amount: 24–72 months
  • Loan Term: NOK 1,200,000
  • Key Feature: VW Group captive (VW/Audi/Skoda/SEAT/Cupra); balloon option; dealer network

SpareBank 1 Bilfinansiering SpareBank 1 Bilfinansiering

6.50% APR

  • Interest Rate: 6.50% APR
  • Loan Amount: 50,000–1,500,000kr
  • Loan Term: 12–72 months
  • Key Feature: Co-op bank auto loan

DNB Billån NO DNB Bank

6.90% APR

  • Interest Rate: 6.9% effektiv rente
  • Loan Amount: 12–84 months
  • Loan Term: NOK 1,500,000
  • Key Feature: DNB; Norway's largest bank; online and branch; fast approval; EV discount rate available

DNB Bil DNB Bil

6.90% APR

  • Interest Rate: 6.90% APR
  • Loan Amount: 50,000–1,500,000kr
  • Loan Term: 12–72 months
  • Key Feature: Norway's largest bank auto

SpareBank 1 Billån NO SpareBank 1 Forsikring

7.40% APR

  • Interest Rate: 7.4% effektiv rente
  • Loan Amount: 12–84 months
  • Loan Term: NOK 1,000,000
  • Key Feature: SpareBank 1 Alliance; regional bank network; local advisory; new and used

Lea Bank Bil Lea Bank

7.50% APR

  • Interest Rate: 7.50% APR
  • Loan Amount: 50,000–800,000kr
  • Loan Term: 12–60 months
  • Key Feature: Digital lender auto loan

Toyota Financial Services Billån NO Toyota Financial Services NO

7.90% APR

  • Interest Rate: 7.9% effektiv rente
  • Loan Amount: 24–60 months
  • Loan Term: NOK 800,000
  • Key Feature: Toyota captive; Toyota/Lexus vehicles; balloon and standard options; dealer-based

Norwegian Bank Bil NO Norwegian Bank Norway

7.90% APR

  • Interest Rate: 7.90% APR
  • Loan Amount: 50,000–1,000,000kr
  • Loan Term: 12–72 months
  • Key Feature: Digital-only bank auto

Bank 2 Bil Bank 2

7.90% APR

  • Interest Rate: 7.90% APR
  • Loan Amount: 50,000–800,000kr
  • Loan Term: 12–60 months
  • Key Feature: Non-standard credit OK

Monobank Billån Monobank

7.90% APR

  • Interest Rate: 7.90% APR
  • Loan Amount: 50,000–800,000kr
  • Loan Term: 12–60 months
  • Key Feature: Digital-only auto loan

Santander Consumer Billån NO Santander Consumer NO

8.40% APR

  • Interest Rate: 8.4% effektiv rente
  • Loan Amount: 12–84 months
  • Loan Term: NOK 750,000
  • Key Feature: Santander Consumer; specialist auto lender; new and used; online application

Revolut Billån NO Revolut Norway

8.99% APR

  • Interest Rate: 8.99% APR
  • Loan Amount: 50,000–500,000kr
  • Loan Term: 12–60 months
  • Key Feature: In-app fast approval

What is car finance in Norway?

Car finance (billån) is a loan to buy a car, usually secured against the vehicle itself, which keeps the interest rate lower than an unsecured personal loan. You put down a deposit, then repay the balance in monthly instalments over an agreed term. Norwegians finance both new and used cars, including the country's large fleet of electric vehicles, through banks and manufacturer-linked finance houses.

How the Norwegian market works

Most car loans are secured (pantesikret) on the car, so the lender holds security until you have repaid. This lowers the rate versus an unsecured loan but means you typically must add kasko (comprehensive) insurance. Finance comes from banks such as DNB, from manufacturer captives like Toyota, Volkswagen and BMW financial services, and from consumer-finance specialists such as Santander. Lenders assess affordability, check the Gjeldsregisteret and require a deposit, commonly around 20-35 percent for the best rates. Brokers can gather competing offers.

Benefits

Lower rates — Securing the loan on the car cuts interest compared with an unsecured personal loan.

Spread the cost — Monthly instalments make a large purchase affordable.

Dealer and captive deals — Manufacturer finance arms sometimes offer subsidised campaign rates.

New or used — Finance is available across new cars and quality used vehicles.

How to choose

Compare the effective interest rate (effektiv rente), which includes the establishment fee, not just the nominal rate. A larger deposit lowers both the rate and total interest, so put down as much as is sensible. Check the term, since a longer loan means lower monthly payments but more interest overall, and confirm that early repayment is allowed without penalty. Factor in mandatory kasko insurance and compare bank offers against dealer finance.

Leading providers in Norway

DNB and Nordea are major bank lenders for car finance. Santander Consumer is a large specialist. Manufacturer finance arms including Toyota Financial Services, Volkswagen Financial Services and BMW Financial Services offer branded and sometimes subsidised deals. SpareBank 1 also lends, and brokers such as Axo Finans help compare multiple offers at once.

What it costs

Nominal interest rates on secured car loans typically range from around 5.2 percent to about 8.99 percent, depending on your deposit, the car's age and your credit profile. On top sits an establishment fee and a small monthly charge, reflected in the effective rate. A bigger deposit and a newer car secure the lowest rates, while used-car and low-deposit loans cost more. Mandatory kasko insurance is an added running cost.

Protections and regulation

Car lending is regulated by Finanstilsynet under the lending regulation and the Financial Contracts Act. Lenders must run affordability checks and consult the Gjeldsregisteret. You have a 14-day right of withdrawal on the credit agreement, and secured lending must clearly disclose the effective rate and the lender's security. Disputes can go to Finansklagenemnda.

Common questions

Do I need a deposit? Usually yes; a deposit of around 20-35 percent secures the best rates on a secured car loan.

Is car insurance required? A financed car normally must carry kasko (comprehensive) insurance until the loan is repaid.

Can I repay early? Yes, car loans can generally be repaid early, saving interest, usually without penalty.

Car Finance in Norway — FAQ

What is the best car finance rate in Norway right now?

Giraffy tracks 20 car finance products across 18 lenders in Norway. Compare by APR to find the most cost-effective way to finance your vehicle.

What types of vehicle finance are available?

Common vehicle finance types include hire purchase (you own the car at the end), personal loans (borrow the cash outright), dealer finance, and leasing (no ownership). Compare total cost of credit — not just monthly payments — to find the most affordable option.

What credit score do I need for car finance?

Most mainstream lenders require a fair to good credit score. Specialist lenders offer car finance to those with poor or limited credit history, but typically at higher APRs. Check your eligibility using a soft-search tool before applying to avoid unnecessary hard searches on your credit file.

Can I get car finance with bad credit?

Yes — specialist lenders offer car finance to borrowers with a poor credit history, but at higher interest rates. A larger deposit reduces risk for the lender and may secure you a better rate. Improving your credit score before applying is the most cost-effective long-term approach.

What fees should I watch for on a car finance deal?

Watch for origination fees, documentation fees, prepayment penalties, and GAP insurance charges. These can add significantly to the total cost of a car finance deal. Always compare total cost of credit — not just the monthly payment or headline APR.

Is it cheaper to get car finance through a dealer or directly with a lender?

Dealer car finance is convenient but not always the cheapest — dealers often earn commission on the finance package. Comparing independent lenders via Giraffy before visiting a showroom gives you a benchmark rate. Arriving with pre-approved car finance puts you in a stronger negotiating position.

What happens if I want to settle a car finance deal early?

Early settlement typically involves paying the outstanding capital plus a settlement fee (usually 1–2 months' interest). Check the specific early repayment terms in your agreement before settling early.