Skip to main content
Login with User Code
User Code: this code is required to access your account through the website or the Millennium App
I don't have or remember this code

Invalid access data

Fill in the user code

Or with Digital Mobile Key

How does it work? Gov.pt

Not a Customer yet?

Open an account online
Código de Utilizador This code is required to access your account through the website or the Millennium App

Calculate New Vehicle Loan

Discover how much you can borrow to buy a new car

Main benefits

Here’s how it works

Girl leaning against the front of a car, in a meadow with the sun shining in the background Girl leaning against the front of a car, in a meadow with the sun shining in the background
Buy your new car From €1,000 and without a maximum limit
Choose the term The one that best suits you, between 24 and 120 months
Get 100% financing Of the vehicle’s purchase amount
Know exactly what you’ll pay With a fixed rate until the end of the loan
Girl leaning against the front of a car, in a meadow with the sun shining in the background Girl leaning against the front of a car, in a meadow with the sun shining in the background
Buy your new car From €1,000 and without a maximum limit
Get 100% financing Of the vehicle’s purchase amount
Choose the term The one that best suits you, between 24 and 120 months
Know exactly what you’ll pay With a fixed rate until the end of the loan

Loan add-ons

So you don't have to worry

80% of our Customers take out life insurance To protect their families and ensure debt repayment

Discover life insurance
Wooden pieces with illustrations of insurance Wooden pieces with illustrations of insurance

We ensure your monthly loan payments if you become unemployed or unable to work, with the Payment Protection Plan

View protection plan
Millennium app screen with a personal credit simulator and an illustration of a padlock on top

1,2,3 and that’s it!

Applying for a loan is easy

Go to a Millennium branch
Go to a Millennium branch
and apply for your New Vehicle Loan.
and apply for your New Vehicle Loan.
Where we are
Confirm the application
Confirm the application
after carefully reading the documents.
after carefully reading the documents.
Get the money in your account
Get the money in your account
after the loan is approved.
after the loan is approved.
What do you need?
What do you need?
To be over 18 years old
To be over 18 years old
Proof of income documents
Proof of income documents
(latest income statement and/or last 3 payslips)
(latest income statement and/or last 3 payslips)
ID documents of the parties involved
ID documents of the parties involved
Proof of vehicle purchase and its value
Proof of vehicle purchase and its value

1,2,3 and that’s it!

Applying for a loan is easy

Go to a Millennium branch
Go to a Millennium branch
and apply for your New Vehicle Loan.
and apply for your New Vehicle Loan.
Confirm the application
Confirm the application
after carefully reading the documents.
after carefully reading the documents.
Get the money in your account
Get the money in your account
after the loan is approved.
after the loan is approved.
What do you need?
What do you need?
To be over 18 years old
To be over 18 years old
Proof of income documents
Proof of income documents
(latest income statement and/or last 3 payslips)
(latest income statement and/or last 3 payslips)
ID documents of the parties involved
ID documents of the parties involved
Proof of vehicle purchase and its value
Proof of vehicle purchase and its value

Want to apply for a Vehicle Loan?

Before making a decision…

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

Frequently asked questions

Questions? We’ll help

A personal loan is a type of loan that you can use to, for example, buy household appliances, buy a trip, pay university fees, etc.

A personal loan is a type of loan that you can use to, for example, buy household appliances, buy a trip, pay university fees, etc.

Before applying for a loan, you should:

  • Assess the need for the expense you are going to have.
  • Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
  • Obtain all the information you consider relevant to making an informed decision before signing the contract.
  • Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

Before applying for a loan, you should:

  • Assess the need for the expense you are going to have.
  • Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
  • Obtain all the information you consider relevant to making an informed decision before signing the contract.
  • Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

When applying for a personal loan, the following documents may be requested:

  • Last 3 payslips
  • Latest tax return (with the applicant’s taxpayer number and validation code)
  • ID documents of all parties involved (if the application is made at a branch)
  • Certificate of regularized social contributions (mandatory for loans over €50,000)
  • Additional documents depending on the purpose of the loan:
    • Education - proof of enrollment/registration (showing the institution, course duration, and cost). Only education expenses deductible for tax purposes.
    • Works/renovations -works estimate + proof of property ownership (Land Registry Certificate and Property Tax Record).
    • Sustainable buildings – proof of eligible expenses.
    • Automobile – proof of vehicle purchase (mandatory for terms over 84 months).

When applying for a personal loan, the following documents may be requested:

  • Last 3 payslips
  • Latest tax return (with the applicant’s taxpayer number and validation code)
  • ID documents of all parties involved (if the application is made at a branch)
  • Certificate of regularized social contributions (mandatory for loans over €50,000)
  • Additional documents depending on the purpose of the loan:
    • Education - proof of enrollment/registration (showing the institution, course duration, and cost). Only education expenses deductible for tax purposes.
    • Works/renovations -works estimate + proof of property ownership (Land Registry Certificate and Property Tax Record).
    • Sustainable buildings – proof of eligible expenses.
    • Automobile – proof of vehicle purchase (mandatory for terms over 84 months).

It's the total amount you will pay for the loan, including the financed amount, interest, fees, taxes and charges.

It's the total amount you will pay for the loan, including the financed amount, interest, fees, taxes and charges.

View more questions

Frequently asked questions

Questions? We’ll help

A personal loan is a type of loan that you can use to, for example, buy household appliances, buy a trip, pay university fees, etc.

A personal loan is a type of loan that you can use to, for example, buy household appliances, buy a trip, pay university fees, etc.

Before applying for a loan, you should:

  • Assess the need for the expense you are going to have.
  • Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
  • Obtain all the information you consider relevant to making an informed decision before signing the contract.
  • Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

Before applying for a loan, you should:

  • Assess the need for the expense you are going to have.
  • Consider the amount of the new loan together with your household's monthly income and expenses and make sure that the loan will not compromise your budget.
  • Obtain all the information you consider relevant to making an informed decision before signing the contract.
  • Read the pre-contractual information and the contract carefully and pay attention to the particular conditions of the loan, namely the amount, term, installments and rates.

When applying for a personal loan, the following documents may be requested:

  • Last 3 payslips
  • Latest tax return (with the applicant’s taxpayer number and validation code)
  • ID documents of all parties involved (if the application is made at a branch)
  • Certificate of regularized social contributions (mandatory for loans over €50,000)
  • Additional documents depending on the purpose of the loan:
    • Education - proof of enrollment/registration (showing the institution, course duration, and cost). Only education expenses deductible for tax purposes.
    • Works/renovations -works estimate + proof of property ownership (Land Registry Certificate and Property Tax Record).
    • Sustainable buildings – proof of eligible expenses.
    • Automobile – proof of vehicle purchase (mandatory for terms over 84 months).

When applying for a personal loan, the following documents may be requested:

  • Last 3 payslips
  • Latest tax return (with the applicant’s taxpayer number and validation code)
  • ID documents of all parties involved (if the application is made at a branch)
  • Certificate of regularized social contributions (mandatory for loans over €50,000)
  • Additional documents depending on the purpose of the loan:
    • Education - proof of enrollment/registration (showing the institution, course duration, and cost). Only education expenses deductible for tax purposes.
    • Works/renovations -works estimate + proof of property ownership (Land Registry Certificate and Property Tax Record).
    • Sustainable buildings – proof of eligible expenses.
    • Automobile – proof of vehicle purchase (mandatory for terms over 84 months).

It's the total amount you will pay for the loan, including the financed amount, interest, fees, taxes and charges.

It's the total amount you will pay for the loan, including the financed amount, interest, fees, taxes and charges.

View more questions

Apply for a Used Vehicle Loan Online on the app

Apple Store Logo Google Play Store Logo Huawei Store logo
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
Additional information of the calculation
{Sim_EffectiveAnnualInterestRate}% TAEG and {Sim_InterestRate}% TAN with monthly instalments of €{Sim_Installement} for a simulation of a €{Sim_RequestedAmount} loan with an {Sim_Duration} month term. Monthly repayment of €{Sim_Installement} in the first {Sim_Duration} months and of €{Sim_Installement2} in the remaining {Sim_Duration2}, for a financing of €{Sim_RequestedAmount}. Total amount charged to the consumer: €{Sim_TotalLoanCost}, including interest and Stamp Duty for the use of credit and interest. Subject to credit risk analysis. The granting of the credit is subject to Banco de Portugal's macro-prudential rules.
¹Representative example
Individuals
9.2% TAEG and 8.000% TAN, with monthly installments of €157.46, for a calculation of a €10,000 loan with an 84-month term. Total amount charged to the consumer €13,402.64, including interest and Stamp Duty for the use of the loan. Subject to credit risk analysis. The granting of the credit is subject to Banco de Portugal's macro-prudential rules.
Prestige
8.7% TAEG and 7.500% TAN, with monthly installments of €154.87, for a calculation of a €10,000 loan with an 84-month term. Total amount charged to the consumer €13,185.08, including formalization fee, interest and Stamp Duty for the use of the loan. Subject to credit risk analysis. The granting of the credit is subject to Banco de Portugal's macro-prudential rules.
 
Advertisement
Banco Comercial Português S.A, Office: Praça D. João I, 28, 4000-295 Porto, Share Capital 3,000,000,000 Euros, registered with this same number in the Lisbon Trade Registry, Single registration and TIN. 501525882 (Conservatória do Registo Comercial do Porto). Insurance agent registered under nr. 419527602, with the Insurance and Pension Funds Supervision Authority – Registration Date: 21/01/2019. Authorization for the brokerage distribution of the life and non-life insurance. For information and further registration details can be checked on www.asf.com.pt.The Insurance Intermediary is not authorized to sign insurance contracts on behalf of the Insurer or receive any insurance premiums payable to the Insurer. The Insurance Intermediary does not assume liability regarding any risks covered by the insurance contract, which shall be fully assumed by the Insurer.
Insurers
Life Protection
Ocidental
Ocidental - Companhia Portuguesa de Seguros de Vida, Public limited company, with head office at Praça Príncipe Perfeito n.º 2, 1990-278 Lisbon. Legal Person No. 501836926. Lisbon Trade Register. Share Capital of 22,375,000 Euros. Registration ASF 1024, www.asf.com.pt.
Non-Life Risk Insurance
Ocidental
Ageas Portugal - Companhia de Seguros, Public limited company, with head office at Praça Príncipe Perfeito n.º 2, 1990-278 Lisboa. Legal Person No. 503454109. Porto Trade Register. Share Capital of 7,500,000 Euros. Registration ASF 1129, www.asf.com.pt.
Account opening
The opening of an account is subject to the Customer acceptance policy. Minimum opening amount: €250 or €150 for University Students between 18 and 25 years old, or equivalent in the respective currency. Maintenance fee: €5.20 (plus Stamp Duty).

Need help?

We are here for you

Need help?
Here you can find the answer to all your questions
Here you can find the answer to all your questions
View questions
Looking for a branch?
Find the nearest branch
Find the nearest branch
Find a branch
Need to call us?
Call whenever you need to
Call whenever you need to
View all contacts
Need help?
Here you can find the answer to all your questions
Here you can find the answer to all your questions
View questions
Looking for a branch?
Find the nearest branch
Find the nearest branch
Find a branch
Need to call us?
Call whenever you need to
Call whenever you need to
View all contacts