Localiza Seminovos' financing for used cars stands out by allowing installments of up to 24 months on your credit card. There is no maximum amount stipulated — it only depends on the available limit on your card. Interest conditions are transparent: up to 10 installments without interest, from 11 to 24 with fixed rates informed before contracting via simulator and at the end of the process.

The approval process is instant. After you provide the amount to be paid in installments and the desired number of installments, the analysis is done automatically by the card issuer. Visa and Elo cards allow up to 24 installments, Mastercard up to 21, and Hipercard up to 12. Other card brands, such as American Express, are also accepted.

Step-by-step instructions for requesting

• Choose your desired pre-owned vehicle on the Localiza website or in a Localiza store.
• Indicate how much you intend to pay by card and the number of installments.
• Run the simulation to see the exact value of the installments.
• Enter your card details during the payment process, either in person or online.
• Please wait for automatic approval from the card issuer.

Main advantages of paying in installments with a credit card.

The method is fast: approval happens instantly, and the vehicle can be yours without the bureaucratic credit checks of finance companies. It doesn't require traditional financing or a mandatory down payment, as long as your credit card limit is sufficient.

Another highlight is the flexibility in payment methods. It allows the combined use of two or more cards and accepts supplementary payments via PIX or TED if the limit of just one card is not enough.

Some disadvantages to consider.

The total purchase amount is blocked on the card's limit as soon as the purchase is approved. This may prevent the use of the card for other purchases until the installments are paid off.

Installment payments between 11 and 24 installments involve fixed interest charges, making the total cost higher compared to paying in cash or in fewer installments.

Final verdict

Paying for used cars in installments with a credit card at Localiza is a quick, transparent, and accessible option for those who want convenience without lengthy approval processes. It's especially attractive for those with available credit and seeking payment flexibility.