Bílafrágangur ehf.
100% electroniccar transactions
Secure, electronic and simple car transactions
Licensed vehicle dealers · Since 2020
Car loan handling
Applications and administration of car loans and finance agreements with all the major lenders in Iceland.
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Bill of sale & purchase agreement
The purchase agreement and bill of sale are drawn up to protect the interests and legal position of both buyer and seller.
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Ownership transfer
We handle the ownership transfer, the insurance registration and every other document the transaction needs.
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Fully electronic
All documents are electronic and processed under an electronic power of attorney granted to Frágangur by the buyer and the seller. Nobody has to show up in person.
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There is a great deal to keep track of when a vehicle changes hands. Frágangur has packed every one of those steps into a single electronic service that completes the whole thing for both buyer and seller as fast as it can be done.
The process takes anywhere from 15 minutes to a few days, depending on whether a loan has to be applied for, an existing loan paid off, and public charges settled. Whether you order outside the banks' opening hours matters too.
You can trade a vehicle in against another one, and you can apply to refinance a vehicle you already own. If you are unsure about anything, ask us in the chat.
Loan calculator
See the monthly payment before you buy
Our calculator shows your estimated monthly payments and which loans are available given the age of the vehicle.
Try the calculatorThe calculator is provided without warranty and gives an estimate only.
Apply for a loan with all the major lenders
Pricing
Simple, fair pricing
Our base price is ISK 19,900 for all document handling on a vehicle. If another vehicle is traded in, we take 20% off the handling fee for each trade-in.
Frágangur
One vehicle
ISK 19,900
Trade-in
20% discount
+ISK 15,900
Reviews
What our customers say
4.9 stars on average from 233 reviews since May 2020