BB Motorbike Financing

Banco do Brasil is one of the best banks when it comes to financing motorcycles. And the conditions follow the entire financial market. Having a period of up to 36 months for payment and automatic debit from the account.

In addition, it is possible to wait up to 59 days to pay the first installment, and the customer can also choose the best date for debiting the same, being able to adjust the date of receipt of salary.

Motorbike financing at BB applies to motorcycles or tricycles, new or used.

It works as follows: you negotiate the purchase of your motorcycle in cash and finance the amount at Banco do Brasil with great rates and without charging fees.

The recommendation, however, is the purchase of new motorcycles that have between 150 and 249 cylinders. But, if you want above that, from 250 cc, the interesting thing is that it is a used motorcycle, with up to 4 years of use.

To do a financing simulation at BB, you need to access the bank's website and look for the branch closest to you.

motorcycle financing

After contacting the bank, it is worth carrying out a search at the banks of the automakers, such as the Honda bank, among others, which also offer this type of credit.

And, if you're not in a hurry to buy your motorcycle, it's worth researching the consortia, which give longer terms (up to 80 months) and accept "bids" so that you can pick up the motorcycle (or the credit) with less waiting time.

For all cases (financing or consortium, at the bank or at the automaker), the right thing is for you to check the rates, taxes and services offered (such as insurance, for example).

All details must be established in the CET (Total Effective Cost), which is a spreadsheet that summarizes all expenses.

The sum of all motorcycle financing expenses is called Total Effective Cost or CET. Basically, it is the “price” you pay to finance an asset and includes:

• Interest rates;
• Fees, such as for credit analysis;
• Insurance, when applicable;
• Taxes.