Did you know that when you buy a motorcycle at auction you can save approximately 30%?
This is because vehicles sold at auctions can be sold for up to 30% less than the asking price. Fipe table. This is ideal for those who need to invest in a motorcycle, but cannot afford a large amount of money at the time of purchase.
At the motorcycle auctions of Bank of Brazil, buyers can find semi-new motorcycles, with a variety of motorcycles and prices. So it's worth checking out.
Want to learn more about the Banco do Brasil motorcycle auction? Read this article until the end!
Who can participate in an Auction
Virtually any individual who is with the Active CPF You can participate in the Banco do Brasil Motorcycle Auction, but of course it is extremely important to pay attention to the rules imposed by the bank, the first being the obligation to be over 18 years old.
However, with each notice, the Bank may stipulate new rules according to its new sales metrics. But beforehand, it is important that you separate the documents that will be required to formalize the sale, if you end up closing the purchase. Find out which ones:
1. Copy of ID and CPF;
2. Proof of residence;
3. Proof of income;
4. Articles of association – in the case of a legal entity.
How to participate in the Banco do Brasil motorcycle auction
To participate in the Banco do Brasil motorcycle auction, you need to pay attention to the disclosures that occur in the official bank platform. This is because, whenever the event is available, the BB makes the announcement on the indicated auction page.
In addition to motorcycle auctions, the bank also works with auctions of cars and real estate. Therefore, the platform will only actively promote the current auction.
When Banco do Brasil has a motorcycle auction available, the list of its bidders will be available on the auction page indicated. accredited partners, where you can visit each one individually to observe the proposals.
Is it safe to buy at auction?
Unlike what many people think, auctions don't work as “no man’s land”, this is because there are laws that regulate auctions in Brazil, such as Law No. 9,514/1997, for example. The purpose of these laws is to offer both sellers and buyers greater security.
Banco do Brasil, for example, puts up for auction motorcycles that were seized due to default. In other words, when providing vehicle financing to a customer, the bank expects to receive each month the amount that was loaned for the purchase.
However, many customers fail to pay for the financing. Since the asset belongs to the bank until the financing is paid off, it can seize the vehicle in question to avoid making a loss. As a result, these seized motorcycles are auctioned off.
You can usually find semi-new motorcycles with model variation and of prices. But to make buyers feel safer, Banco do Brasil offers the possibility for customers to take their trusted mechanics to help audit the vehicle in question before finalizing the purchase.
Finally, many people choose to make purchases at auctions because they offer better purchasing conditions, both for those who want to have a motorcycle so they no longer depend on public transport, and for people who want to buy as an investment.