Offering installment plans for used cars directly through your credit card is a key advantage of Localiza Seminovos. You can purchase your car and divide the cost into up to 24 installments with your credit card, with instant approval from the issuer, subject only to available credit and security check.

This offer is available with the major card brands: Visa (up to 24 installments), Elo (24 installments), Mastercard (21 installments), and Hipercard (12 installments), valid for both individual and corporate cards in the cardholder's name. It's important to note that, starting from the 11th installment, fixed interest rates are applied, displayed directly in the simulation and at checkout.

Step-by-step guide to installment payments

• Choose your desired vehicle at Localiza Seminovos.
• Access the installment simulator.
• Enter the amount to be paid in installments and select the number of installments.
• Write down the amount of your monthly payment.
• At the time of purchase, present your card and personal documents.
• Please wait for instant approval from your card issuer.

Advantages of paying in installments with a credit card

Paying in installments with Localiza Seminovos allows for quick approval, availability for most major credit card brands, and flexibility in negotiation. The process is very practical and secure, making your purchase more convenient.

Furthermore, the ability to use more than one card or combine payment methods is a key advantage, especially for those who don't have sufficient credit on a single card, making financial planning easier.

Disadvantages to consider

Despite the ease of use, there is a maximum limit contingent on card approval, with no guarantee for large amounts. The buyer needs to have a high available credit limit, as the total amount is consumed at once.

For installments exceeding 10 months, interest is applied, which may increase the total cost of the vehicle. It is the customer's responsibility to evaluate the CET (Total Effective Cost) before closing the deal.

Verdict: Is it worth it?

Paying for your used car in installments at Localiza Seminovos is a quick, reliable, and transparent option for those seeking flexibility. Provided you check your credit card limit and the interest rate applied for more than 10 installments, it's a simple and efficient way to buy your car without bureaucracy.