Do you need a car? Discover BB vehicle financing

Banco do Brasil is the financial institution that offers the best interest rates to its customers for vehicle financing. Therefore, it is also the financial institution with the most different financing options, with different conditions and serving the most diverse types of audiences.

To support their customers with possible financial needs during this period of impact on the economy resulting from COVID-19, customers with BB operations, Vehicle Credit, Loans with active vehicle guarantees, now have the possibility of an additional grace period of up to 60 days to payment of the next installment of the contract.

What is BB financing

Banco do Brasil offers loans to finance your vehicle (motorcycle, car, taxi or truck), new or used. Through the website, you can simulate your financing to better understand how this entire process works. Using the Banco do Brasil APP, you can find out about the best options for purchasing or exchanging your vehicle.

How it works and how to take out vehicle financing through BB

The process for financing your vehicle through Banco do Brasil is really quite simple. You just need to download the BB app and do your simulation, find out about the options offered according to your budget, choose and request. You don't need to go to an agency. This brings a lot of convenience and ease.

It is worth mentioning that you can finance a new or used vehicle, as long as it is up to ten years old. To request you need:

• Carry out a simulation using the BB app
• Choose the model and price of the car
• Send a photo of the car document
• Choose the option that fits your budget
• Finalize financing.

After these steps, you will be able to follow the progress of your proposal in the app using the option: Track your Proposal.

Interest rate

Currently, Banco do Brasil offers an interest rate of 1.64% per month for vehicle financing. Therefore, a vehicle worth R$ 40 thousand, financed in 60 installments, will generate installments of more or less R$ 1,052, that is, at the end of the financing, a total of R$ 63,120.

Who can finance a vehicle at Banco do Brasil

Both individuals and legal entities can obtain financing from BB. However, it is necessary to open a current account at the bank. For those who are already customers, they cannot have exceeded their credit limit and the vehicle must have been manufactured for a maximum of 10 years.

The option is also available at the BB Customer Service Center (4004-0001 and 0800-729-0001) and in virtual service via the BB app.