In the current economic situation of the country, credit lines seek to offer new modalities to facilitate access to the loan. The refinancing of BV Financeira vehicles is one of those ways of obtaining a loan with different payment conditions.]
What is refinancing vehicles?
Refinancing vehicles is a form of loan in which you leave your car as collateral for payment. For the loan to be approved, in most cases, it is necessary that the vehicle be in your name and removed. But there are exceptions, depending on the bank, it is also possible to refinance an alienated car.
What are the conditions of refinancing vehicles?
At financial, you can sell light vehicles (1 to 5 years of use), such as motorcycles and cars or heavy vehicles, such as buses (from 1 to 10 years) and trucks (from 1 to 20 years). However, the usage time varies according to the means of transportation, as it is possible to get up to 70% of the total value of the vehicle and the payment term is a maximum of 36 months (3 years).
Vehicle refinancing is a good option for those who have their own car and need credit.
What are the prerequisites?
- Be at least 18 years old;
- The car must be in the name of the applicant;
- Do not have open financing;
- Updated documentation.
Step by step to higher refinancing at Financial?
Step 1: Fill in the contact form
Initially, you must fill out the contact form. To do this, just complete the form with some basic data, such as name, CPF, zip code, email and phone. Then, just wait for the contact of the institution.
Step 2: credit analysis
Then, the company does an analysis to know if the financial profile of the applicant is consistent with the amount requested.
Step 3: legal and vehicle evaluation
At that stage, your documents are analyzed as well as the vehicle to enter into collateral. However, it is necessary to pay the Valuation Fee of Goods, to know the values, check the price list made available by BV.
Step 4: Signing and releasing credit
Lastly, once the credit is approved, the contract is issued for subscription and you receive the money.
If you would like to refinance, visit the BV Financeira website.
What documents do I need to apply for refinancing?
What are the advantages of vehicle refinancing?
For those with tight finances and accumulated debt, new forms of credit are welcome. With that in mind, the solution is to choose a credit line and an institution that offers lower interest, such as the refinancing.
The estimated amount of credit released in this type of credit revolves around R $ 10 thousand to R $ 30 thousand, depending on the value of your vehicle in the FIPE table and the conditions in which it is located. Refinancing a vehicle is a good option for those who are having a lot of debt and want the release of credit fast and simple.
The payment deadlines are extended and the monthly interest rates are lower than in models like the personal loan and the installments are fixed.