Tired of looking so hard for a good financing option? In fact, what you need is a self-funding option, with no down payment and no interest. This is the main proposal of the Porto Seguro automobile consortium. Even though it is an insurance company, the company also acts strongly as a consortium administrator. 

In this context, Porto Seguro offers plans of up to 80 months to pay for the credit granted and also accepts negative ones. Thinking of you, who can no longer depend on crowded buses and subways, we have prepared an article with all the details about the Porto Seguro car consortium. 

Be sure to check out the information below!

The consortium is a purchase modality that has a lot of tradition in Brazil, however many people accumulate doubts about the subject. What are the interest rates, fees and other things are among the main uncertainties of the Brazilian consumer public.

In summary, the consortium works as a group purchase, but each participant buys the good they want individually. For this, the consortium administrator forms groups to set up a self-financing system.

To make this possible, all participants make monthly payments based on the total value of the car they want. Therefore, each month it is possible to buy a car for one of the participants. 

However, to impose this organization on payments and management of the fund, the consortium needs a managing agent. It is at this point that Porto Seguro enters.

The company is responsible for creating consortium groups, receiving payments and carrying out monthly contemplations. In this context, Porto Seguro contemplates in two main ways:

From the moment you are contemplated, it becomes possible to choose any good that is available on the market. However, an important detail is that this choice cannot differ from the consortium category.

Another advantage that the letter of credit offers is the negotiation power due to the amount available for the cash purchase. Therefore, it is very easy to get discounts and even buy a better product than expected.

Porto Seguro forms car consortium groups that can self-finance from R$25 thousand to R$125 thousand for the purchase of vehicles. The installments, in turn, are quite low: from R$461. 

Therefore, the limit and payments are very accessible so that the administrator can reach virtually all levels of consumers.

You can already see that Porto Seguro has some really interesting advantages, but looking a little deeper, it is possible to highlight the following:

We believe, like the company, that these are the most positive points that the administrator offers to its customers. Apart from these, it is still possible to point out some issues of good service, accessibility, without bureaucracy, among other things. 

The flexibility of using the letter of credit is one of the points that also add very positively to this consortium. Here there is no limitation regarding model, brand or other specifications. 

This is because the good chosen in the contract serves only as a reference for the value of the letter of credit, so you receive the equivalent value of it. 

Therefore, after contemplation, the consortium member can choose any brand or model of vehicle he wants, whether small, medium or large. 

The main requirement, not only from Porto Seguro but from all consortiums, is that the contractor must be of legal age. In other words, only those over 18 years of age can purchase service quotas.

In this sense, if you are of legal age and want to buy your first car, it is essential to go after the best Porto Seguro consortium option.

To join the Porto Seguro consortium, you must access the website and perform a contract simulation right away. From then on, the system will ask for your data and the company will contact you, most often via email. 

Also, to learn more about the application process, read our recommended content below.