Is it possible to finance a brand new motorcycle even with a dirty name on Spc or Serasa? This has been a very frequent question for many of our Digital Seguro readers.
We have gathered a series of information that may be of interest to you who are looking to finance a zero motorcycle. It is necessary to understand that financing is also creating a new debt, therefore, a loan.
Changing the term to loan (and not financing) you will probably understand how motorcycle financing works. Thus, the question remains: which bank lends to someone with a dirty name?
Difficult isn't it? You must meet a series of requirements to have the loan or financing approved. Therefore, read the following information that we have separated for you all.
How to buy motorcycle with zero down payment?
Choose carefully the bank where you will apply for financing. It should be noted that buying a vehicle without paying a down payment is not usually the best option, since this method can considerably burden the installments in relation to interest. However, in some cases, the buyer needs the motorcycle urgently and cannot wait to gather resources and make a down payment.
There are different ways to apply for funding. To enable the purchase of a motorcycle under these conditions: financing, consortium and leasing🇧🇷 Each of them has its advantages and disadvantages, and it's up to you to decide which one best suits your needs!
Zero motorcycle financing is probably the best option to buy a motorcycle without paying a down payment if you need it as soon as possible. Getting credit approval, you'll already have your vehicle keys in your hands in up to three days!
However, the big problem with this method is that, paying zero down payment, you will pay very high interest rates, which will make the final purchase price very high in relation to its cash value.
The Consortium is, of course, the most economical option to buy a vehicle without a down payment. As it is not a loan, you do not need of credit approvals. And most importantly: no interest is paid!
The main problem is that it can take some time to get your new purchase in hand. For example: in a 48-month consortium, you can be drawn to receive a letter of credit for the contracted amount in the first month, but you can also end up being unlucky and receive it only in the 48th month!
Where to apply for financing?
We recommend that you check out some articles exclusives we made here, if in doubt, leave your comment.
Source: Blogger Moto
