Itaú iCarros Financing makes it easier for those who want to buy a new or used car launched from 2021 onwards. With interest rates starting at 1.38% per month, the conditions are attractive for individuals, requiring a minimum down payment of 40% and the balance financed in up to 24 installments. Furthermore, those who take out financing at the iCarros Fair in October will be entered into a special draw for a prize of R$100,000 on a prepaid card.

To participate, simply follow these steps: select your desired car at a participating dealership, run a financing simulation with Itaú, negotiate the terms, and await credit approval. If approved and the financing is finalized, the customer will be entered into the prize draw.

How to apply for financing step by step.

• Choose the desired vehicle.
• Request a loan simulation from Itaú.
• Negotiate the contract terms at the participating store.
• Please wait for credit analysis and approval.
• Finalize the financing agreement.

Positive aspects of Itaú iCarros Financing

The main highlight is the competitive interest rate, allowing for an affordable monthly payment. Another advantage is the exemption of some fees for account holders, which reduces the total amount financed. The raffle of R$100 thousand serves as an extra incentive in an already advantageous condition for the consumer.

There's also the convenience, as the entire process can be started online and completed at partner stores.

Negative points of Itaú iCarros Financing

On the other hand, financing requires a down payment of at least 40%, which may be a barrier for some. Furthermore, only vehicles from the 2021 model year onwards are accepted, restricting options for those seeking older models.

The promotional rates and the prize are only valid during the fair, which limits the time to take advantage of the best conditions.

Our verdict

The Itaú iCarros financing conditions are attractive for those who have a down payment available and want to trade in their new car, in addition to the generous raffle as a differentiating factor. Recommended for profiles that value competitive rates and transparent negotiation with the bank.