If you are looking to buy a motorcycle but don't have enough money to put down a deposit, you have probably already heard about financing.
Financing allows customers to purchase a good, even if they don't have the money, and they can then pay in several installments.
With that in mind, today we are going to talk about the 5 best motorcycle financing options which have cheaper installments and low interest rates.
Best motorcycle financing
1. Box
Node Caixa motorcycle financing, the customer can finance up to 80% of the vehicle's value and can pay in up to 60 months. However, it is necessary to go through an analysis for the financing to be released.
In addition, the customer can use a motorcycle already paid off as a down payment, equivalent to 70% of the value of the new motorcycle. The interest on the Box are approximately 1.49% per month.
2. Santander
Node motorcycle financing Santander, the customer can finance up to 100% of the vehicle as long as it is up to 5 years old. By contracting the service, the customer also receives insurance for the motorcycle.
In addition, it is possible to pay in up to 48 months and the interest is approximately 1.29% per month and 16.69% per year. The bank's customers can have exclusive financing offers.
3. Itau
Node Itaú motorcycle financing, is released according to an analysis of the client's financial profile and if approved, it is possible to have prices that are more accessible. Financing is for a minimum of 2 months up to 60 months to pay.
This way, the client can define the amount to be given as a deposit and in how many installments they would like to pay. In addition, the interest is from 15.94% to 22.76% per year.
4. Bank of Brazil
Node motorcycle financing from Banco do Brasil, the customer can finance new and pre-owned vehicles up to 2 years old. However, the financing proposal will depend on the value of the vehicle, year and analysis of the customer's financial profile.
Furthermore, the rates charged for this type of financing can vary between 0.97% and 1.18% per month or 14.84% and 17.75% per year. Therefore, it is recommended to check whether this amount will not harm your budget.
5. Votorantim Bank
THE Votorantim Bank motorcycle financing offers options for both new, used and semi-new cars, where the customer chooses how much they want to pay and with fixed rates.
To obtain financing, you only need to choose the down payment amount and how many installments you want to pay, which range from 3 to 6 months. In addition, the interest rates charged on the financing are 1.32% per month.