The Banking Regulation and Supervision Agency (BDDK) has announced a new regulation on vehicle loans. The work on electric vehicle loans includes information on the loan term, loan rates, and restructuring conditions. As per the vehicle loan regulation, the loan term for vehicles under 2.5 million TL is set at 48 months. Here are the details of the BDDK vehicle loan regulation…With this regulation, BDDK aims to place vehicle loan usage in a more controlled and sustainable framework. The loan rate for vehicles with a total invoice value under 2.5 million TL will be 70%. What are the vehicle loan terms? The Banking Regulation and Supervision Agency, aiming to make vehicle usage more controlled and accessible with the vehicle loan regulation, announced a loan term of 48 months for vehicles under 2.5 million TL. For vehicles exceeding 2.5 million TL but not surpassing 5 million TL, the term is 36 months; for vehicles over 5 million TL but not exceeding 6.5 million TL, the term is 24 months; and for vehicles over 6.5 million TL but under 7.5 million TL, the term is 12 months.According to the new regulation, the loan rate is 70% for vehicles with a total invoice value under 2.5 million TL, 50% for vehicles exceeding 2.5 million TL but not surpassing 5 million TL, 30% for vehicles over 5 million TL but not exceeding 6.5 million TL, and 20% for vehicles over 6.5 million TL but not exceeding 7.5 million TL. There will be no loan rate for vehicles over 7.5 million TL.The loan terms of vehicle loans are determined proportionally to the value of the vehicle and the loan amount.