BB Car Financing. All you need to know.

Banco do Brasil is a bank well recognized throughout the country. In total, there are more than 5 thousand branches spread across the country, in addition to the digital service provided via internet banking and the app.

In this text, we want to reveal the advantages of vehicle financing with this bank. This is a credit that has helped several people when purchasing a new car, which can also be used depending on the year of manufacture.

To give you an idea, know that at Banco do Brasil it is possible to simulate car financing before applying for credit. This way, you will know the value of each installment and the interest rates.

How does Banco do Brasil car financing work?

It is possible to finance new and used cars, up to ten years old. You can do everything without having to go to an agency, just access the BB App to simulate the conditions, choose the option that fits your budget and finalize the contract by sending the documents.

If you have a paid-off vehicle and want to give it as collateral to take out a loan, you can hire BB Veículo Próprio through the BB App (Menu Loans > Credit with your Vehicle in Guarantee). The rates are very attractive and can be very advantageous for paying off debts with higher interest rates.

If you have vehicle financing at BB and want to change your vehicle, you can look for an agency to purchase BB Veículos Troca com Troco.

Or, if you have your vehicle financed at BB and want extra money for some commitments, you can hire BB Renovação at an agency with or without change.

What is the best vehicle financing?

The best financing is the one that adapts to your monthly budget and offers you the best conditions for making your purchase.

Check all costs involved in the operation, such as IOF (Financial Operations Tax), contract registration (local Detran fee) and grace period to pay the first installment.

Compare the conditions offered by more than one institution to find out the best value for money.

What do I need to finance a car?

New or used cars can be financed. For new vehicles, a Tax Invoice is required with the expression: “Fiduciary Assigned to Banco do Brasil”.

For used vehicles, a DUT/CRV is required, completed in the name of the financed party with all signatures (buyer and seller) notarized for authenticity. The used vehicle must be up to 10 years old and not have active restrictions (financial and tax).

To simulate and request financing click HERE.