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New vehicle loan TAEG 9.3%

Hit the road with a new vehicle

With a fixed rate until the end of the term and with a possibility of financing 100%
With a fixed rate until the end of the term and with a possibility of financing 100%
Pin Location O Black

Only at branches

man lifting his daughter in his arms, next to his new car

New vehicle loan TAEG 9.3%

Hit the road with a new vehicle

With a fixed rate until the end of the term and with a possibility of financing 100%
With a fixed rate until the end of the term and with a possibility of financing 100%
Pin Location O Black

Only at branches

man lifting his daughter in his arms, next to his new car
man lifting his daughter in his arms, next to his new car
Apply for a loan to buy a new vehicle from €1,000
Choose the term of the loan that best suits you, between 24 and 120 months

We will finance up to 100% of the vehicle’s purchase amount
With a fixed rate until the end of the term you always know how much you’ll pay

Loan charges and rates

Now on to the math

Annual Percentage Rate of Charge (TAEG)
9.3%
Annual Percentage Rate (TAN)
7.250%

9.3% TAEG and 7.250% TAN, with monthly installments of €307.16, for a calculation of a €20,000 loan with an 84-month term. Total amount charged to the consumer €26,673.44, including file fee (€500), interest and Stamp Duty for the use of the loan.
Conditions valid until June 30th, 2024.
These are the amounts and terms you can choose from
CH 1
€1,000 to €3,000 between 24 and 48 months
CH 1
€3,001 a €15,000 between 24 and 84 months
CH 1
over €15,000 between 24 and 120 months

Amount: from €1,000 and up to 100% of the vehicle’s purchase amount
And these are the charges and expenses
File fee (plus Stamp Duty)
Stamp Duty on loan opening
Annual Percentage Rate of Charge (TAEG)
8.7%
Annual Percentage Rate (TAN)
6.750%

8.7% TAEG and 6.750% TAN, with monthly installments of €377.56, for a calculation of a €25,000 loan with an 84-month term. Total amount charged to the consumer €32,805.04, including file fee (€625), interest and Stamp Duty for the use of the loan.
These are the amounts and terms you can choose from
CH 1
€1,000 to €3,000 between 24 and 48 months
CH 1
€3,001 a €15,000 between 24 and 84 months
CH 1
over €15,000 between 24 and 120 months

Amount: from €1,000 and up to 100% of the vehicle's purchase amount
And these are the charges and expenses
File fee (plus Stamp Duty)
Stamp Duty on loan opening

1, 2, 3 and that’s it!

Applying for a vehicle loan is simple


What do you need?
What do you need?
To be over 18 years old
To be over 18 years old
The last 3 payslips or the IRS validation code
The last 3 payslips or the IRS validation code
ID documents of all participants
ID documents of all participants
Declaration of regularity of the tax situation (if the loan is over €50,000)
Declaration of regularity of the tax situation (if the loan is over €50,000)
Proof of vehicle acquisition (if financing with a term longer than 84 months)
Proof of vehicle acquisition (if financing with a term longer than 84 months)

1, 2, 3 and that’s it!

Applying for a vehicle loan is simple

Localizador De Sucursal
Go to a branch
Go to a branch
and apply for your New Vehicle Loan (for any vehicle subject to registration).
and apply for your New Vehicle Loan (for any vehicle subject to registration).
Doc Ok
Confirm the application
Confirm the application
After reading the documents.
After reading the documents.
CP Conta
Get the money in your account
Get the money in your account
after the loan has been approved and the process completed.
after the loan has been approved and the process completed.
What do you need?
What do you need?
To be over 18 years old
To be over 18 years old
The last 3 payslips or the IRS validation code
The last 3 payslips or the IRS validation code
ID documents of all participants
ID documents of all participants
Declaration of regularity of the tax situation (if the loan is over €50,000)
Declaration of regularity of the tax situation (if the loan is over €50,000)
Proof of vehicle acquisition (if financing with a term longer than 84 months)
Proof of vehicle acquisition (if financing with a term longer than 84 months)

Want to apply for a vehicle loan?

Before making a decision…

Avaliar Despesas
Assess the expenses
Consider if you need to make this purchase taking into account different factors.
Tx Esforco
Consider the effort
Make sure the loan installments won’t compromise the budget of your household.
Doc Ok
Confirm the conditions
Verify the conditions of the loan (amount, term, installments, and rates), and read all the pre-contractual and contract information.
Decisoes Respon
Make responsible decisions
If you change your mind after applying, you can cancel it on the website or app within 14 days.

Apply for a Used Car Loan Online on the app

Explore app
 Screen of the Millennium App with Credit simulator  Screen of the Millennium App with Credit simulator
 Screen of the Millennium App with Credit simulator
Subject to credit risk analysis and Banco de Portugal recommendations.

 

Subject to Stamp Duty on the use of credit and interest.

 

The information presented here does not dispense with consulting the legally required pre-contractual and contractual information.

 

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