Do you know what are the advantages of Bradesco vehicle financing? Currently, with the economic crisis, we have serious problems in adding the full value of the car we want to buy.
Therefore, there is a good opportunity to solve this problem, through vehicle financing from Bradesco.
Financing, as we well know, is a kind of credit that is granted to help the customer purchase their car.
Therefore, it is very important that we keep in mind exactly what are the benefits and disadvantages of applying for financing. So that at the time of the request there are no doubts.
What is Bradesco vehicle financing?
in reality the Bradesco vehicle financing in fact, it's the same thing as other types of financing that exist: it's a credit that actually helps you buy or even change your vehicle.
Applying for financing you have the chance to negotiate directly with the seller and then you are able to get some discounts. This is possible precisely because when requesting financing, payment to the dealership and/or store is paid in full in cash.
Obviously, we must in fact remember that the bank ends up making the payment to the store or dealership in cash. However, the payments of installments and installments will be settled between the bank and the applicant.
Financing is usually always carried out by banks, regardless of whether they are public or private. Generally one of the most common ways that exist to actually release their funding is through the CDC.
What are the benefits of requesting financing for Bradesco vehicles?
Here we will talk a little more about the advantages of requesting the Bradesco vehicle financing.
It is important for you to know that one of the great advantages offered by Bradesco bank is the fact that the value of the IOF – Tax on Financial Operations ends up being fully diluted within your financing installments.
Which, in reality, ends up being a weight less for the time it is necessary to calculate the CET.
In addition, one of the other great advantages is the fact that the bank releases from 15 to 62 days so that you can then make the first payment of your first installment of the financing.
Also remembering that the rates that are currently practiced by this institution are 1.97% per month and finally 26.40% per year.
Bradesco bank is one of the best in terms of interest rates, among its main competitors Bradesco bank actually has the lowest interest rate on the market.
A good comparison would be between Banco Bradesco and other financial institutions. An example would be to buy a car that costs R$ 25 thousand, and the financing would be 36 months or 3 years.
Let's say you have R$ 5 thousand down payment, then at the end of your financing the amount paid in excess will be R$ 2,347.92 more. This is just a simulation so you can clearly understand how to compare banks and not get lost when applying for financing.
Who can apply for Bradesco Vehicle Financing?
actually the Bradesco vehicle financing It is suitable for both individuals and legal entities.
So when applying, it is important to go with the following documents to the bank, namely:
- holder's RG
- CPF
- Proof of address
- Proof of income.
As for the legal entity specifically, it is important that the person in charge can have their data, the CNPJ and to finalize the articles of incorporation of that company.
What are the financing lines for Bradesco vehicles that exist?
Before applying for financing, we must understand that there are some vehicle financing lines that it is good to understand a little more before applying, among them we have the CDC and Leasing.
CDC
The first option here is the most common: the CDC. This is really one of the credit operations that are most often requested by customers in the Bradesco vehicle financing.
It is important to remember that this vehicle can be both new and used, it depends on your choice. In order for you to understand, the guarantee of this operation really takes place through the fiduciary sale of your vehicle with Banco Bradesco.
Therefore, this clearly means that the vehicle is in the possession of the applicant. However, what happens is that this car is alienated to the bank until the final payment of the installments occurs or the complete completion.
In this way, the customer cannot sell the car until the full amount of the requested financing has been paid off. In addition, the vehicle may remain in the possession of the bank, in case the customer delays the payment of the financing.
leasing
Here it is important that you know that leasing is really well known because it is a commercial lease. And in fact, Banco Bradesco is actually the lessee.
What happens then is that this bank ends up acquiring the vehicle and then it is still able to make it available to its customer mainly during the term of its contract, in the form of a lease.
Here it is important to understand that even during this period this vehicle belongs to the bank, and that it ends up being “rented” precisely to the person who requested this financing.
Conclusion
along the post you can get relevant information about the Bradesco vehicle financing, so what do you think about fulfilling the dream of having your own car? The first step is to access the official site for more information and to carry out an online financing simulation.
After that, go to a bank branch to clarify your doubts or even start the financing request procedures. In any case, know that this institution is the one that offers the best conditions for you to have your car.
to make a financing simulation, use our calculator and learn more in this post!
