Clipping of news on Brazilian Culture, Law and Citizenship
03/02/2015
This article was translated by an automatic translation system, and was therefore not reviewed by people.
transparent image
For those who want to buy or exchange the car or the bike for a newer model, but has no urgency to get well, the consortium is an increasingly attractive option, given the current scenario of high interest rates in the economy, who raise the cost of financing via direct consumer credit (CDC). EXTRA did simulations and concluded that opting for consortium costs up to 39.27% less than a bank loan, as in the case of a T115 K Crypton motorcycle, Yamaha, which would cost R $ 6,729.60, in the end. If the consumer chooses to buy this bike in installments, the Yamaha Bank, in the same 60 months, the price would rise to R $ 11,082.60, considering a 100% financing in CDC mode.
The moment of contraction in consumption and the intention of saving is evidenced by data from Cetip, an integrated financial market: between vehicle financing modalities - including cars, motorcycles and trucks - the consortium was the only one who grew up in the accumulated 2014 were financed 865,500 units last year, through quotas covered, up 0.5% compared to 2013. The increase was driven by used cars, which totaled 221,400 cars sold, an increase of 21% compared to the previous year.
Meanwhile, vehicle purchases by CDC and leasing (mode in which the car only passes to the buyer's name after discharge and the low funding) fell 6.2% and 10.1%, respectively, also of 2013 for 2014.
The driver Jose Carlos Menezes, 23, a resident of Palmas, was awarded a Yamaha motorcycle in December 2014.
- I entered the Yamaha consortium, in March last year, and was awarded a Fazer 250, brand new, in December, when I took a bid of R$ 2,363. I paid about R$ 248, provision. It was the first time I participated in a consortium. This is also my first bike. The plots are lower (than in a CRC) and, therefore, leaves much cheaper - said driver.
Long wait is handicap mode
Despite the desire to always pay less, consumers need fairly evaluate their buying objectives before entering a consortium group. Miguel Ribeiro, executive director of Studies and Economic Research of the National Association of Executives in Finance and Management Accounting (Anefac), explains that the modality, as a kind of "forced savings" for purchase of goods ends up being educational point of view financial, but has its burden:
- You have to wait (to be drawn) or plan to bid. The consortium is suitable for those in no hurry (to be good) and for people who have difficulty in starting to raise money for a particular acquisition.
The expert, however, said the bad time for anyone thinking of making a funding from the CDC:
- Interest rates have been rising. And next week, there will be meeting of the Monetary Policy Committee (Monetary Policy Committee of the Central Bank, which sets the Selic base rate of the economy), and market interest rates will continue to rise.
Syndicated assets grew 7.7% in the country
The volume of training consortia groups in 2014 was higher than the closing, compared to the previous year. This is because, according to the Brazilian Association of Consortium Administrators (ABAC), growth was 7.7% in mixed assets, which was 5.74 million in 2013 and reached 6.18 million last year. On the other hand, fell by 6.4% in the accessions: were 2.35 million in 2014 against 2.51 million 2013.
- It seems a paradox. But is that although we have the number of smaller dimensions, there was also smaller amount of people who have left the consortium - explains Paulo Roberto Rossi, CEO of Abac.
According to Abac, falls of 3.5% and 7.7% in new consortium, cars and motorcycles, respectively, were due to the holidays 2014, according to the Cup. Rossi explains that there is no way to predict how the industry will behave this year, it will depend on the performance of the economy, especially inflation.
The Abac receives request for information and complaints by phone (11) 3231-5022 or by site abac.org.br.
Source: Extra
To access the Extra site, click here.
Our news are taken in full of our partner sites. For this reason, we can not change their content even in cases of typos. transparent image
This article was translated by an automatic translation system, and was therefore not reviewed by people.