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Caixa vehicle financing allows consumers to obtain their new car or even a motorcycle under special conditions.
Among these conditions, it is worth mentioning the possibility of financing up to 80% of the vehicle.
Therefore, understand all the details, conditions and interest rates as you read on:
Understanding Caixa Vehicle Financing
Caixa Econômica Federal financing is called “Auto Credit”, which allows you to finance up to 80% of the vehicle.
In this sense, be aware that this percentage may vary depending on the year of manufacture of the vehicle or characteristics such as its score.
Another advantage that makes this financing one of the best is related to the pre-fixed interest rates.
This means that the customer is aware of the exact amount of the fees before even signing a contract with the company.
In other words, you don't need to worry about a sudden increase in your monthly installments, as no additional fees are charged.
You can also finance a car or motorcycle, meaning you can get a new or used vehicle, as well as an imported or domestic one.
Regarding the payment term for Caixa vehicle financing, please note that the maximum is 60 months.
For this reason, partial amortization is permitted, that is, payment of the debt through monthly installments or early settlement of the outstanding balance.
Finally, customers who purchase Caixa auto insurance, which must be approved at the time of registration assessment, can enjoy special conditions.
Interest rates
It is important to make it clear that financing includes taxes, fees and the guarantee.
For this reason, IOF is charged, which would be the Tax on Financial Transactions.
Regarding Caixa vehicle financing interest rates, understand that they vary depending on the payment term, for example.
However, the average starts at 1,49% per month, remembering that the rates are pre-fixed.
How to get
Before talking about how the request works, financing of Caixa vehicle, please note that only individuals can obtain credit.
In addition, the following customer documentation must be sent to a Caixa branch for analysis by the team:
- Proof of income and residence;
- Regularized ID and CPF;
- DUT and/or vehicle invoice.
- Form from the DETRAN in your city showing that there are no outstanding debts on the car (IPVA, fines and mandatory insurance).
This way, the last document can be pego on the internet.
Another condition is that used cars cannot be more than ten years old.
To apply for Caixa vehicle financing, visit the branch closest to your home.
To find an agency, click this link.
Have your documents ready and inform us about your interest in obtaining Auto Credit.
Then, wait until the company analyzes your documentation and after approval, the amount will be echosen, as well as the payment method.
