With the aim of facilitating the purchase of various goods and services, Banco do Brasil makes its consortium plans available to all Brazilians. In this specific article, we think of you who are counting down the days to take a step towards your dream of owning a new or pre-owned car. Therefore, we will detail everything about the Banco do Brasil car consortium.

If you are still unaware, a consortium or shared purchase is a type of purchase in which a group of people come together to self-finance an asset. Knowing this, we can already tell you that Banco do Brasil's consortium does not charge interest, as the only fee is the administration fee, which in this case is very low.

Don't leave and stay up to date with all the details of the Banco do Brasil car consortium!

If you are familiar with consortia, you know that this purchase model is recommended for anyone who does not intend to spend more than necessary to acquire their property. This is possible thanks to its self-financing model. 

Through self-financing, a group of people come together and form a consortium plan. In this plan, participants pay monthly installments and one of them is drawn to win the letter of credit each month.

Thus, at the end of the consortium, all group members receive their amounts and buy the car of their dreams. It is worth remembering that the purchase of the asset can be made in cash, which makes negotiation easier and the consortium member may even be able to get discounts.

Available to both individuals and companies, the BB car consortium offers high credit values without any interest or down payment charges.

Contemplation occurs in two main ways: the draw and the bid. As we have already said, the draw is the random contemplation by the bank itself. 

In the case of contemplation by bid, the consortium member will pay an amount greater than the monthly installment to receive the letter of credit in advance.

BB's car consortium is well-known for being one of the services that releases the highest values on the market. Therefore, its purchase diversity tends to grow more and more.

The Banco do Brasil letter of credit offers customized values for the purchase of all vehicle models and brands on the market. In addition, legal entities can use this value to purchase or renew their vehicle fleet.

By now you've noticed that Banco do Brasil offers several advantages to its members, right? Still, some of them deserve to be highlighted as they are the differential of this service. 

These are the main advantages of the Banco do Brasil car consortium:

The BB Consortium is very flexible when it comes to using credit, as it can be used to purchase passenger vehicles, utility vehicles, off-road vehicles, pickup trucks, trucks, motorcycles, boats and solar energy systems. You can also use it to pay off vehicle financing.

The consortium is ideal for anyone who wants to buy a new car, whether it is new or used. However, only those over 18 can buy a consortium share.

This age limit is the only requirement of Banco do Brasil. It is worth remembering that even those with bad credit can participate in the service, but to have access to the benefit it is necessary to be up to date with payments.

Both existing customers and those who are not yet part of the Banco do Brasil system can purchase a share in the institution's consortium. The simulation and contracting can take place either at branches or in the bank's digital environment.

For account holders, there are two online service options: the bank's app and the official website. For non-account holders, on the other hand, only the website is available for simulation.

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