Clipping of news on Brazilian Culture, Law and Citizenship
9/13/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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After researching, choosing the template and checking the documentation, it's time to decide how you will pay for your car. Let's deal with financing - the most usual way to get the negotiation done.
Firstly, inquire about the amount of installments and the interest applied. The longer the financing term, but the interest you will pay.
It is also important to be mindful that the value of the "fit in your pocket" portion is not enough, after all you will also have to pay for fuel, preventive maintenance, IPVA, DPVAT, licensing and insurance.
After setting the amount of installments, stay tuned! Procon-SP considers such a practice abusive collection, in accordance with articles 39, section V and 51 - paragraph IV and paragraph 1 of the Consumer Protection Code (CDC). Already, State Law 14.663 / 11 prohibits the collection of a bank boleto issuance fee and license in the State of São Paulo.
It is also important to know that according to Resolution 3954 of the Central Bank of Brazil, the supplier can not pass on costs to the consumer with third party services (seller's commission, for example).
Right to information and anticipation of plots
Article 52 of the CRC stipulates that: "In the provision of products or services involving credit granting or granting of consumer financing, the supplier shall, among other requirements, inform him in advance and adequately of:
I - price of the product or service in national currency;
II - the amount of default interest and the annual effective interest rate;
III - additions legally foreseen;
IV - number and periodicity of benefits;
V - total sum payable, with and without financing.
§ 1 The fines of default due to the default of obligations in its term can not be superior to two percent of the value of the benefit.
§ 2. The consumer is guaranteed the early settlement of the debt, totally or partially, by proportional reduction of interest and other increases. "
In addition to the article cited above, the CDC ensures that advertising must be fully complied with. So, keep flyers, and advertisements on sites.
Know that: the store can not impose the bank for the holding financing. If the consumer has pre - approved credit in another institution, he has the right to opt for the one that gives him the most favorable conditions.
Demand the copy of the contract and read carefully, in case of doubts, go to the consumer protection department of your city.
In the next post we will deal with insurance contracting. Wait!
Check out the other posts in the series about buying used car from the links below:
Used car purchase: research and first care
Used Car Buying: Items to Check Before Closing the Deal
Car Used: Documentation Care
Source: Procon-SP
To access the Procon-SP website, click here.
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This article was translated by an automatic translation system, and was therefore not reviewed by people.