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Content ID: PR_WCS01_UCM01056982

Conditional Sales Credit

This solution may be used to purchase new or used vehicles. The vehicle is held from the outset in the Client's name, with retention of title in favour of BPI.

Banco BPI | Car Loan Solutions | Conditional Sales Credit

Banco BPI | Car Loan Solutions | Conditional Sales Credit

Main Characteristics

In this type of Car Loan, the contract establishes a retention of title in favour of the Bank, while in the Certificate of Title the owner is the Client.

Type of Vehicle New or Used
Vehicle ownership Client
Period of time 12 to 120 months
Maximum Final Payment 20%
Minimum Amount Financed € 2.500
Insurance Minimum € 7.290.000 civil liability required by Law

Competitive rates

Choose the vehicle that suits you best, new or used, and take advantage of the excellent rates offered by BPI Automóvel:

  • Variable rates with spreads from 4,5%1;
  • Fixed rate from 4%2 - this rate is not subject to market rate fluctuations, remaining unchanged for the duration of the contract.

Long terms and financing of up to 100% of retail price

BPI Automóvel finances up to 100% of the car's retail price; terms are very flexible up to 120 months3 so you can choose that which best suits your circumstances.

Very Completive Allianz Auto Insurance

  • A bonus for the best drivers: A discount on the premium of up to 55%;
  • Replacement value as new: In case of Total Loss in the first two years, the compensation is equal to the value of the vehicle as new;
  • Optional coverages: Occupants, deprivation of use and complementary coverages (natural cataclysms and aircraft crash; strikes, riots and civil commotions; acts of vandalism and acts of terrorism);
  • Travel assistance from km zero;
  • Large range of excess options.


1 5,8% Effective annual interest rate (TAEG), monthly payment of € 280,24 under Conditional Sales Credit, calculated in January 2021, based on a variable interest rate (VIR) of 4,003% (composed of 12-month Euribor rate of December 2020, plus a 4,5% spread), for 60-month financing of € 17.000 and final payment of 15%. Total Amount Attributable to Consumer of € 19.740,96.
2 Effective annual interest rate (TAEG) of 5,8%, monthly payment of € 280,21 under Conditional Sales Credit, with fixed interest rate (FIR) of 4% and Total Amount Attributable to Consumer of € 19.739,19.

Rate calculated for 60-month financing of € 17.000 under Conditional Sales Credit and final payment of 15%. Values valid in January 2021. 

3 Terms over 96 months suffer a rate increase of 1%.

This information is provided for advertising purposes and does not constitute a contractual proposal. You must read the pre-contractual and contractual information required by law, which may obtained from Banco BPI. This insurance policy is a product of Companhia de Seguros Allianz Portugal, S.A., sold by Banco BPI, S.A., Sociedade Aberta, Rua Tenente Valadim, 284, Porto, in its capacity as Tied Insurance Intermediary no. 207232431 (registered with the Insurance and Pension Funds Supervision Authority on 31-10-2017 - more details on the registration available at, authorised to carry on insurance business in the Life and Non-Life Branches with the insurers BPI Vida e Pensões - Companhia de Seguros Vida, S.A., Companhia de Seguros Allianz Portugal, S.A. and COSEC - Companhia de Seguro de Créditos, S.A. Banco BPI, S.A. is not authorised to receive premiums or enter into contracts on behalf of COSEC, Allianz or BPI Vida e Pensões and, as an insurance intermediary, assumes no responsibility for the coverage of risks inherent in the insurance contract.