THE Caixa vehicle financing It is an option for people who dream of buying a car. Prices are getting higher and higher and it is very difficult to save money to buy a car outright. Because of this, the best option is to apply for financing, but there are many options.
Therefore, you need to do some research to choose the one that best fits your budget and needs. Caixa has one of the most sought-after financing options due to its modalities, as it is very simple and has very low rates compared to its competitors.
How does Caixa vehicle financing work?
After all, how does it work? Vehicle financing Caixa? Caixa has a great digital platform for those who want to apply for financing, ensuring that personal data is stored securely during the negotiation and the entire process is very fast.
Caixa is one of the largest banks in Brazil, known for its loans and financing. Today, there are thousands of branches throughout the country, with years of banking tradition. This means that each year they have a greater number of customers.
THE Vehicle Financing Caixa has a target audience of people who want to buy their car, are over 18 years old and have a fixed monthly income, without any type of outstanding debt in their name.
If the interested party has any type of outstanding debt, they must first pay off their debt and then get in touch to request financing.
Caixa Auto Credit is a special financing line for individuals who want to buy a car or motorcycle, whether new or used. It is possible to finance up to 80% of the vehicle's value, with pre-set interest rates starting at 1,24% per month, without charging additional fees.
Vehicle Financing has pre-set interest rates and can finance both motorcycles and new or used cars, national or imported, and can reach up to 80% of the vehicle's value, depending on the year of manufacture and the customer's relationship.
The payment term is up to 60 months. It is possible to make partial repayments or pay off the outstanding balance early. Special conditions for vehicles with Caixa Auto insurance also exist and it is necessary to pass the registration assessment.
Regarding taxes, fees and guarantees, there is a charge of IOF (Tax on Financial Transactions) on financing. The interest rate is according to the term and installment of the operation, year of manufacture of the vehicle and the relationship with the customer. And the guarantee is the fiduciary alienation of the vehicle.
How to finance a Caixa vehicle?
To obtain financing, you must have the required documentation on hand and access the internet, as everything can be done online.
To obtain financing, therefore, you must access the company's official website, read all the information and then fill out the application with your personal and financial details.
To get the Caixa vehicle financing You need to check the documentation and conditions for taking out a car loan. First, you need to find out about the product by going to a Caixa branch to learn about the car loan. There, you can clear up any doubts you may have before actually applying for financing.
After that, you need to submit the requested documentation, checking what you need to bring and taking it to the agency to start the procedure. Then, just use the credit, of course, after Caixa evaluates your documentation. Once everything is approved, Caixa defines the amount and the way in which the payment of your financing will be made.
Documentation and conditions
The documentation required to apply for your Caixa vehicle financing is your ID and CPF in good standing with the Federal Revenue Service, proof of residence and income, DUT and/or vehicle invoice, and a form from the DETRAN in your city that shows that the car has no outstanding debts (IPVA, fines and mandatory insurance). This DETRAN document can be found online.
The established conditions for Caixa vehicle financing are that it is only for individuals and that the documentation must be delivered to a Caixa agency and will be subject to approval.
Used cars cannot be more than 10 years old. Caixa also offers credit portability, so if you are a customer of another bank, you can transfer your loan with the best conditions and rates. After the loan is transferred, the outstanding balance is paid off with the original bank and the contract with Caixa becomes effective.
What is Auto Contribution?
The Auto Contribution is designed for those who already own a paid-off car and want extra money to pay off a debt or carry out a project.
Payment can be made in up to 48 installments and is automatically debited from your account every month. It is a personal line of credit with pre-set interest and is for people who already own a paid-off car.
Caixa vehicle financing
Caixa Auto Credit Financing is the ideal type for those who want to buy a new or used vehicle, offering one of the best conditions on the market.
It is possible to finance up to 80% of the vehicle's value, with pre-defined interest rates starting at 1,24% per month and without charging additional fees. Legal entities can find the option to renew their fleet. Car rental companies can choose this service.
Financing is paid using the Constant Amortization System, when the installment amounts always decrease. However, this type of financing has an interest rate, credit opening and renewal fees, and in some cases, there is IOF and debt settlement interest.
To have the Caixa vehicle financing It is not necessary to have checking accounts, but customers have more advantages due to a good relationship with the bank, check more information on the website.