Choose your car model to see installment terms and installment amounts.
How vehicle financing works
Financing a vehicle can be a great option for those who can't afford to buy a car outright. However, it's important to analyze the offers and, most importantly, know where to look for financing to avoid falling into a trap and ending up paying up to three times the car's value.
With this in mind, we conducted extensive research on the best financing options, those with the lowest interest rates and the easiest approvals. We've made everything simple to understand, with a step-by-step guide on how to get approved for these loans. Below, we've also selected the best-selling cars, followed by the best banks to finance them.
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See which banks are the best for financing your new car
Itaú Unibanco
Buying a car through Itaú can be a good option for current account holders, with better rates for existing customers. Itaú is one of the banks that finances the most vehicles in Brazil. Take advantage and use all the benefits available to you to your advantage.
Rate from 1.66 % per month, term of up to 60 months.
Bradesco
Bradesco is one of the most sought-after banks for vehicle financing due to its flexibility, competitive rates, and flexible repayment terms. Many people are able to realize their dream of owning a car with Bradesco vehicle financing.
Data indicates rates starting at 1.57 % per month, with payment terms starting at 60 months.
Bank of Brazil
Banco do Brasil stands out for its high vehicle financing approval rate for the general public. Whether you're a customer or not, your chances of financing a car through Banco do Brasil are high, and with reduced rates. Rates vary depending on the vehicle type and customer profile: for new vehicles, 0.89 % to 1.55 % per month; for used vehicles, 1.29 % to 2.09 % per month. Maximum term: up to 60 installments (months).
Caixa Econômica Federal
At Caixa, you can finance almost 100% of the vehicle's value. Considered one of the most versatile banks because it adapts to your needs, Caixa Econômica Federal can be a great option for you to finance a vehicle.
Finances up to 80 % of the vehicle value (new or used, depending on the year and relationship with the bank).
Pre-fixed interest rate, starting at 1.49 % per month. Terms of up to 60 months.
BV Bank (BV Financial)
At Banco BV Financeira you can finance a vehicle in a practical and hassle-free way, serving purchases of new, pre-owned or used vehicles, including private individuals, with 100 % digital contracting through the website or at partner stores.
Rates start at 1.14 % per month, but the average in September 2024 was around 2.15 % per month.
Terms of up to 60 months, with fixed installments and a digital platform for simulation and contracting.
Why is the Score important when financing a car?
Many people don't know this, but everyone has a score, and it changes according to your financial journey. Everything you do, whether it's taking out a personal loan, applying for a credit card with a credit limit, or financing a car or a home, all depends on your score. So learn now how to find out your score and, most importantly, how to improve it, greatly increasing your chances of financing a car with no down payment and lower installments.