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Used Car Loan TAEG 10.5%

Sometimes a used
car is the best find

From €3,000 and with the possibility of financing up to 100% of the car's purchase value
From €3,000 and with the possibility of financing up to 100% of the car's purchase value
Pin Location O Black

Only at branches

 white car parked on the roadside, with the trunk open and a man sitting inside

Used Car Loan TAEG 10.5%

Sometimes a used
car is the best find

From €3,000 and with the possibility of financing up to 100% of the car's purchase value
From €3,000 and with the possibility of financing up to 100% of the car's purchase value
Pin Location O Black

Only at branches

 white car parked on the roadside, with the trunk open and a man sitting inside
 white car parked on the roadside, with the trunk open and a man sitting inside
Apply for a loan to buy a used car, from €3.000
Choose the term of the loan that best suits you, between 24 and 84 months

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

Loan charges and rates

Now on to the math

Annual Percentage Rate of Charge (TAEG)
10.5%
Annual Percentage Rate (TAN)
8.250%

10.5% TAEG and 8.250% TAN with monthly installments of €158.77, for a calculation of a €10,000 loan with an 84-month term. Total amount charged to the consumer: €13,772.68 including file fee (€250), interest and Stamp Duty for the use of loan.
Conditions valid until June 30th, 2024.
These are the amounts and terms you can choose from
Calendar Clock O
Term between 24 and 84 months
Money O
Amount from €3,000 and up to 100%
of the car's purchase amount
And these are the charges and expenses
File fee (plus Stamp Duty)
Loan opening Stamp Duty
Annual Percentage Rate of Charge (TAEG)
10.4%
Annual Percentage Rate (TAN)
7.750%

10.4% TAEG and 7.750% TAN with monthly installments of €304.58, for a calculation of a €15,000 loan with a 60-month term. Total amount charged to the consumer: €18,928.80 including file fee (€375), interest and Stamp Duty for the use of loan.
These are the amounts and terms you can choose from
Calendar Clock O
Term between 24 and 84 months
Money O
Amount from €3,000 up to 100% of the
purchase value of the vehicle
And these are the charges and expenses
File fee (plus Stamp Duty)
Loan opening Stamp Duty

1 ,2 ,3 and that’s it!

Applying for a car loan is simple


What do you need?
What do you need?
To be over 18 years old and have a current account at Millennium
To be over 18 years old and have a current account at Millennium
The last 3 payslips and the IRS validation code
The last 3 payslips and 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)
Car insurance with the minimum mandatory coverage
Car insurance with the minimum mandatory coverage

1 ,2 ,3 and that’s it!

Applying for a car loan is simple

Localizador De Sucursal
Go to a Millennium branch
Go to a Millennium branch
and apply for a Used Car Loan.
and apply for a Used Car Loan.
Doc Ok
Confirm the application
Confirm the application
after reading the legal documents.
after reading the legal documents.
CP Conta
Get the money in your account
Get the money in your account
after the loan has been approved and you've signed and read the contract.
after the loan has been approved and you've signed and read the contract.
What do you need?
What do you need?
To be over 18 years old and have a current account at Millennium
To be over 18 years old and have a current account at Millennium
The last 3 payslips and the IRS validation code
The last 3 payslips and 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)
Car insurance with the minimum mandatory coverage
Car insurance with the minimum mandatory coverage

Want to apply for a car 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 installments won’t compromise the budget of your household.
Doc Ok
Confirm the conditions
Verify the conditions of the lease 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
Causados Ecra 130830 Ibannerapp 900X900 Causados Elementos 2 230830 Ibannerapp 900X900
Causados Elementos 230830 Ibannerapp 540X540

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.

Insurer and Insurance Broker

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