Car financing simulation: see which banks to do!

If you're looking to buy a car, but can't afford it in cash, this post is for you. To help you in this mission, we will show you which banks do car finance simulation in Portugal.

Know that car financing is a great alternative. That's because, with organization and planning you don't have to put your goal aside. However, the process of looking for a car can require willingness and patience. After all, you'll want one that meets your needs and circumstances.

In this sense, simulations help to make the search more practical, faster and more effective. Once you already know which car you want, it is easier to search for values in financial institutions.

3 banks that simulate car financing in Portugal

Now you can check which banks offer the possibility to make car finance simulation in Portugal. Thinking about safety and social distance, we chose to indicate banks that do the simulation online.

1. Novo Banco

Novo Banco offers credit from €2,000 to €75,000, with a payment period of 6 to 120 months. The financing limit is 100% for new cars and 90% for used cars. However, for membership it is necessary to go to the counter in person.

2. Santander

Santander, on the other hand, offers the possibility of joining both online and at its branches. Keep an eye out, as the values vary for each option. For new cars, for example, online the amount is from €10,000 to €25,000, while at the counter it is from €10,000 to €75,000. 

3. CTT Bank

Banco CTT offers financing of 100% in an amount between €5,000 and €50,000. Payment terms range from 24 to 120 months and the differential of this bank is that the rate and monthly fee are fixed throughout the contract. To make the process more practical, membership can be done online.

Final considerations on car financing simulation in Portugal

Have you noticed how it is possible to start your search for the car already? Our idea is to show you some differences in amounts and deadlines for car financing. That way, you can use this information to filter out the conditions that best fit your budget.

Read too:

Online Pregnancy Test – How to do it on the best apps and websites

McDonald's Young Apprentice – How to apply online

C&A Young Apprentice – How to apply online via cell phone

Find out where to do motorcycle financing simulation

So, take advantage of it right now and make one car finance simulation in Portugal. We are confident that you will achieve your goal of owning your own car in 2020.