Santander car auction: See how to participate

Just got your driver's license and want to buy that dream car? Or do you own a mechanic shop and need car parts in good condition? Whatever your claim, the car auction it is a great option for you.

Advertising - OTZAds

In this sense, today we will present the car auction Santander, that's right, the financial institution Santander, has official auctions, usually they are semi-new cars (but there are new vehicles too), in which for some reason the former owner was unable to pay the installments, a financing, for example.

Advertising - OTZAds

About Santander

The group Santander is a financial institution, originally from Spain. Considered by serious regulatory institutions, as the third largest value brand in the European country.

Likewise, the Santander Bank operating in Brazil since the 1980s, it is considered the third largest bank of private origin, providing services to Brazilians. Santander is a company that offers several services, including financing, auction, consortium, loan, savings, investments, and much more.

Advertising - OTZAds

How to participate in the Santander car auction  

First of all, let's learn how to participate in the Santander car auction. The company, as well as other institutions, transfers the rights of its auctions to partner auction houses, making them Santander's official auctions. To know locations, dates and times, you have to consult the partner company's websites, or even, on Santander's official website. Due to the pandemic we are living in, the March 2021 auctions are only taking place online, as a way to prevent crowds and follow the rules established by the Ministry of Health.

Santander car auction

Despite that, participate in an auction it's very simple, the customer first of all must choose which cars are interested, check the conditions of the vehicles, values of cars, fees, document transfer etc. the official websites provide an online catalog, so you can review it in advance. However, it is important on the day of auction, take a closer look, on some occasions the images on the website may be merely illustrative. So watch out for that.

Also, don't forget to save some money, you'll have to bid on the day, and pay possible fines, fees and transfer of documents. Nonetheless, the payment of car itself, is done by bank transfer, meanwhile, the consumer leaves a check as a deposit, within the value, are included, the commission of the auctioneer, fees, in addition to the bid amount offered.

Later, within a few days, with the payment made, the customer can withdraw the vehicle.    

Auction interest rate

In conclusion, auction fees will vary according to each lot, car model and auction house, however, as it is an auction, in the vast majority of cases, fees are very low and vehicle values are very high. below the Fipe table.

services

Finally, do you have any questions? Get in touch with the partner auction houses, or make contact through the auction's own website. Santander.  

financiamento webmotors

Vehicle financing with Webmotors

financiamento de carros bradesco

Bradesco car financing