Finance your new car in Israel without getting lost in Hebrew.
John Auto looks at your situation, presents your application to its partner banks and explains each offer to you in English: total price, term, rate and real cost of the loan. You choose knowing exactly what you are signing.
5/5 on Google, more than 500 olim helped over 12 years.
Your situation decides the formula.
Four ways to finance a new car in Israel. Start with the one that fits you.
You want to own the car from day one
Car loan
You borrow from a partner bank and repay every month; the car is in your name.
You would rather pay less each month and change cars often
Leasing
Operating, financial or private: we compare the formulas and what they mean for the olim benefit.
You have just arrived and are still paid in France
Loan with no credit history
Some of our partner banks assess your application on your French income.
You already have a car to sell
Trade-in
Our partner takes your car: the remaining loan is paid off and the rest becomes your down payment.
Oleh hadash? The olim benefit can be combined with a loan or a lease, as long as the car is in your name. See the rules of the benefit.
A loan offer should be read line by line.
In Israel, the lender must give you a written contract before you sign, showing the annual rate, the real cost of the loan and the repayment schedule, and give you time to read it. Here is the example shown on our car pages, broken down.
Be wary of a monthly payment quoted on its own: a down payment or a large final payment may be hiding behind it. We give you every line, for every offer.
Example: a car at ₪243,990
Down payment
0 ₪
Term
99 months
Fixed annual rate
4,13 %
Final payment
0 ₪
Monthly payment
2,912 ₪
Total repaid
288,328 ₪
Total cost of the loan
44,338 ₪
Excluding application fees. Subject to approval of your application by the bank. Legal cap on the real cost of a loan: 18.25% a year since 1 September 2026 (Bank of Israel rate plus 15 points).
Request your financing review.
A few questions about the amount, your income and your situation: an English-speaking adviser calls you back with the possible solutions and their terms, before any commitment.
Free review, no obligation. John Auto's application fees are given to you before you sign anything; the credit decision belongs to the bank.
Your questions about financing
Another question? An advisor answers you in English, by phone or on WhatsApp.
Ask my question on WhatsApp
Who grants me the loan?
A John Auto partner bank, after reviewing your application. We prepare and present the application; the decision always belongs to the bank.
How much does John Auto's support cost?
Application fees, which you pay and which are given to you before any commitment.
What rate can I get?
It depends on your application, the term and the down payment. The example shown on our car pages: 4.13% a year over 99 months, with no down payment and no final payment. In Israel, the real cost of a loan is capped at the Bank of Israel rate plus 15 points, i.e. 18.25% a year since 1 September 2026.
Can I combine a loan with the olim benefit?
Yes, if the car is in your name: a standard loan, or a financial or private lease. The rules of the benefit apply for 4 years: see the Olim Hadashim page.
I don't have a credit history in Israel yet.
Some of our partner banks assess applications on income earned in France. Everything is explained on our car loan with no credit history page.
What happens if I can no longer repay?
Talk to your bank straight away. Failing to repay a loan can lead to late-payment interest and enforcement proceedings.
Sources: Fair Credit Law (written contract, annual rate, real cost of the loan, cap, warning); Bank of Israel, base rate of 3.25% on 1 September 2026; example calculated with the site's simulator.