If you wish to finance the purchase of a new or used vehicle, CAIXA Auto Credit is an alternative to consider. The offer allows you to finance up to 80% of the value of a new or used car or motorcycle, both domestic and imported. Rates start at 1.49% per month, with payment terms of up to 60 months for vehicles and up to 48 months for electric motorcycles. Furthermore, there are no additional fees, ensuring greater transparency for the consumer.

Step-by-step instructions for requesting

First, inquire about the terms and conditions of the CAIXA Auto Loan at a branch. The next step is to submit the required documentation, which includes identification, proof of income and address, as well as vehicle documents. The bank will analyze the documents and, after approval, you will receive a proposal with payment amounts and terms to choose the best option.

Positive points

CAIXA Auto Credit stands out for its ability to finance most of the vehicle's value and its competitive interest rates compared to the market. The process is transparent, with no hidden fees, and there are special conditions for those who choose popular or electric vehicles.

Negative points

On the other hand, this option is exclusively for individuals, and some used vehicles older than ten years are not accepted. Contracting the service requires a visit to a physical agency, which can make the process less efficient compared to other digital options.

Final verdict

CAIXA's Auto Loan proves advantageous, especially for those seeking low interest rates and long-term financing. Even with its limitations, it's a solid option for those who prioritize security and good installment payment terms.