Thinking about buying a new car outside the conventional market and getting access to better prices? Then, we will show you everything about the Auction of Recovered Cars from Financing. Auctions are becoming increasingly popular in Brazil, thanks to the wide variety of models available and prices well below the Fipe or the used car resale market.
And now, you're going to learn everything about how a Auction of Recovered Cars from Financing, which cars you can buy, prices and much more. So, come check it out and also learn how to register in a simple and easy way to start bidding.
Auction of Repossessed Cars: How it Works
Auctions of cars recovered from financing are events that bring together vehicles that ended up becoming delinquent due to lack of payment from the previous owners. If the debts are not paid, the banks can request the seizure of the vehicle and then put it up for sale at competitive prices.
These auctions are usually organized by accredited auction sites or companies and open the doors to those who dream of acquiring a car at a lower price. It is important to choose an auction that is safe, preferably with the supervision of reputable companies, such as Sodre Santoro, a renowned company and one of the leaders in the national market.
How to register to bid
Registration to join one of the auctions of cars recovered from financing in the Sodre Santoro It's very simple and only takes a few minutes. Then, you can find all types, models and brands, such as FIAT, Renault, Ford and all the others. In addition, the company has excellent reviews from users who have already purchased vehicles there, and is also a reference for being super organized.
The registration process requires your CPF or CNPJ To register, it is a form of security to combat fraud or misuse of identity when purchasing cars or motorcycles. It is also necessary to provide an email address and create a secure password, then verify your account via email with the activation code. Now, just proceed to the end of the registration, which requires some personal documents.
Documents required for registration
Within the website, go to the option “Sign up” in the upper right corner and add all the data requested during registration. Pay attention to the information you fill in, as in case of errors you may need to redo the entire procedure.
Individual
- ID or driver's license;
- Proof of address.
Legal Entity
- ID or driver's license;
- Articles of Association and latest update (if any);
- CNPJ card.
After confirming your account, just start giving bids at the auction of cars recovered from financing and try to get what you want at an affordable price.
The website of Sodre Santoro It has several sections to keep you organized, and you can use a search filter for different options. For example:
- Vehicle model
- Year of manufacture
- Mileage
- General condition of the vehicle
- Starting price
- Auction location
- Documentation available
- Type of auction (judicial or extrajudicial)
You will find everything from scrap cars to used cars and cars of the year. So, explore now and try to find the one that best suits your profile and desires. Good luck!
