Understand how the Itaú Repossession Car Fair works.

Published by mari on

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The Fairão de Retomados of Banco Itaú is held periodically, and is another alternative for buying a car with prices lower than the Fipe list price and also below the market value of vehicle sales.

This action, carried out in partnership with Banco Itaú, offers many car offers from different brands. With several financing options with different rates, a three-month guarantee and very special conditions.

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The Feirão de Retomados has cars in the name of Banco Itaú, with full guarantee of origin and without any debt. The cars were repossessed from customers who did not pay the financing installments on time.

The cars do not have a pendency, auction or restriction on the document (CRLV) and are duly approved by precautionary expertise. Free to be sold for special prices inside the traditional Anhembi fair.

How it works?

Inside the Feirão there is a specific box with a large number of vehicles identified with the Banco Itaú logo.

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The customer can choose the car he wants, identified with the full description on the windshield. It contains all information such as engine, model year, options, etc.

In the same place, there are Bank agents who are able to explain to the customer how to contract Banco Itaú credit with very special conditions.

The simulation is performed on the spot, within the event. If the financing is approved, the customer signs the contract at the same time inside the Feirão and takes the vehicle on the agreed day for delivery.

Conditions offered by Banco Itaú for vehicle financing

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Available for individuals and legal entities. In the case of an individual, the customer needs to fill out a registration form and present documents such as RG, CPF and proof of residence and income. In the case of a legal entity, it is necessary to inform the CNPJ and take a copy of the company's articles of incorporation.

There are two forms of financing carried out by the bank: CDC (Consumer Direct Credit), also known as common financing, and leasing, when the car is registered in the name of the bank until the total payment of the financing.

Documents required to finance vehicles with Itaú

To take out a loan at Itaú, the person responsible for the contract must have:

The necessary documentation for used cars is CNH, the vehicle document and the seller's data.

Learn more about the conditions that Bando Itaú offers through the bank website.

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